REG - Fonix Mobile PLC - Grant of Options & Director/PDMR Shareholding

FonixAnnouncement

12/05/2022 07:00

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RNS Number : 1673L  Fonix Mobile PLC  12 May 2022

12 May 2022

Fonix Mobile plc

("Fonix" or the "Company")

 

Grant of Options

Director/PDMR Shareholding

 

Fonix Mobile plc (AIM: FNX), the UK focused mobile payments and messaging
company, announces that on 11 May 2022 31,469 options were granted over
ordinary shares of 0.1p each in Fonix (the "Options") to Michael Foulkes,
Chief Financial Officer of the Company, as well as 273,779 options granted
over ordinary shares to other Fonix employees (the "Eligible Employees") in
accordance with the Company's Long Term Incentive Plan.

The Options have an exercise price of 143p, being the closing mid-market price
the day before grant, and vest after 3-years in three equal instalments on 11
May 2025, 11 May 2026 and 11 May 2027. The Options granted align Mr. Foulkes
and the Eligible Employees with shareholders by incentivising and rewarding
the creation of shareholder value over the next 5 years.

Following the Long Term Incentive Plan grants to Eligible Employees including
Michael Foulkes, the Company will have options outstanding over 1,503,008
shares, representing 1.50 per cent. of the Company's  issued share capital.

 

 Enquiries

 

 Fonix Mobile plc                                            Tel: +44 20 8114 7000

 Robert Weisz, CEO

 Michael Foulkes, CFO
                                                             Tel: +44 20 7220 0500

 finnCap Ltd (Nomad and Broker)

 Jonny Franklin-Adams / Seamus Fricker (Corporate Finance)

 Alice Lane / Sunila de Silva (ECM)

 

About Fonix

 

Founded in 2006, Fonix provides mobile payments and messaging services for
clients across media, telecoms, entertainment, enterprise and commerce.

When consumers make payments, they are charged to their mobile phone bill.
This service can be used for ticketing, content, cash deposits and donations.
Fonix's service works by charging digital payments to the mobile phone bill,
either via carrier billing or SMS billing. Fonix also offers messaging
solutions.

Based in London, Fonix is a fast growth business used by blue chip clients
such as ITV, Bauer Media, BT, Global Media, Comic Relief and Children in Need
to name a few

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1.                                Details of the person discharging managerial responsibilities / person closely
                                   associated
 a)                                Name                                                         Michael Foulkes

 2.                                Reason for the Notification
 a)                                Position/status                                              Chief Financial Officer
 b)                                Initial notification/Amendment                               Initial notification
 3.                                Details of the issuer, emission allowance market participant, auction
                                   platform, auctioneer or auction monitor
 a)                                Name                                                         Fonix Mobile plc
 b)                                LEI                                                          213800GBZCWQ7HR2ZE92
 4.                                Details of the transaction(s): section to be repeated for (i) each type of
                                   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
                                   place where transactions have been conducted
 a)                                Description of the Financial instrument, type of instrument  Options to subscribe for new ordinary shares of 0.1p each
                                   Identification code                                          FNX  GB00BN789668
 b)                                Nature of the transaction                                    Grant of options
 c)                                Price(s) and volume(s)                                       Director   Exercise Price(s)  Volume(s)
                                                                                                MFoulkes  143p               31,469
 d)                                Aggregated information:

                                   Aggregated volume                                            See 4c) above

                                   Price
 e)                                Date of the transaction                                      11 May 2022
 f)                                Place of the transaction                                     Outside of a trading venue

d)

Aggregated information:

Aggregated volume

Price

 

See 4c) above

 

e)

Date of the transaction

11 May 2022

f)

Place of the transaction

Outside of a trading venue

 

 

 

 

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