REG - Gattaca PLC - Director/PDMR Shareholding

GattacaAnnouncement

11/12/2024 16:00

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RNS Number : 7442P  Gattaca PLC  11 December 2024

11 December 2024

Gattaca plc

("Gattaca" or the "Company")

Director/PDMR Shareholding

 

On 11 December 2024 (the "Grant Date"), the following conditional share awards
over ordinary shares in Gattaca were granted to the Company's PDMRs under the
Matchtech Group Plc 2016 Long Term Incentive Plan (the "LTIP"):

 Executive Directors  Title                    Number of Shares
 Matt Wragg           Chief Executive Officer  270,000
 Oliver Whittaker     Chief Financial Officer  206,000

 

The LTIP award is a conditional grant of shares, which vest and become
exercisable at nil-cost on the third anniversary of the Grant Date, subject to
the individual's continued employment with the Group.  Vesting of the LTIP
awards are subject to the achievement of earnings per share targets (the "EPS
Targets") over the year ended 31 July 2027 and total shareholder performance
(the "TSR Targets") over the three-year period to 31 July 2027; with 25% of
the maximum award vesting for threshold performance in both cases.

 

For Executive Directors, 50% of the award is subject to the achievement of EPS
Targets and 35% is subject to the achievement of TSR Targets, with the balance
being subject to the rate of all staff attrition and gender diversity amongst
leadership and management.

 

The below notification, made in accordance with the requirements of the EU
Market Abuse Regulation, gives further details of the transaction on 11
December 2024.

 

For further information please contact:

 Gattaca plc                                   +44 (0) 1489 898989

 Matthew Wragg, Chief Executive Officer

 Oliver Whittaker, Chief Financial Officer

 Panmure Liberum Limited (Nomad and Broker)    +44 (0) 20 3100 2000
 Richard Lindley

 Will King

 IFC Advisory
 Tim Metcalfe                                  +44 (0) 20 3934 6630

 Graham Herring

 Florence Chandler

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Matthew Wragg

 2    Reason for the notification
 a)   Position/status                                              CEO

 b)   Initial notification/Amendment                               Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Gattaca plc

 b)   LEI                                                          213800LM81ZQ9V9G6866
 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  Ordinary shares of 1 penny each

      Identification code                                          GB00B1FMDQ43

 b)   Nature of the transaction                                    Issue of shares under LTIP

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     Nil               270,000

 d)   Aggregated information

      - Aggregated volume                                          270,000
      - Price                                                      Nil
 e)   Date of the transaction                                      11 December 2024

 f)   Place of the transaction                                     London Stock Exchange

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Oliver Whittaker

 2    Reason for the notification
 a)   Position/status                                              CFO

 b)   Initial notification/Amendment                               Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Gattaca plc

 b)   LEI                                                          213800LM81ZQ9V9G6866
 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  Ordinary shares of 1 penny each

      Identification code                                          GB00B1FMDQ43

 b)   Nature of the transaction                                    Issue of shares under LTIP

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     Nil               206,000

 d)   Aggregated information

      - Aggregated volume                                          206,000
      - Price                                                      Nil
 e)   Date of the transaction                                      11 December 2024

 f)   Place of the transaction                                     London Stock Exchange

 

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