REG - GETECH Group plc - Exercise of Share Options and Director Dealing

GetechAnnouncement

11/07/2023 15:00

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RNS Number : 6914F  GETECH Group plc  11 July 2023

11 July 2023

 

Getech Group plc

("Getech" or the "Company")

Exercise of Share Options, Director Dealing, Issue of Equity and Total Voting
Rights

Getech (AIM: GTC), a world-leading locator of subsurface resources, announces
that it has received notices of exercise of employee share options ("Share
Options") over a total of 178,150 new ordinary shares of 0.25 pence each in
the Company ("Ordinary Shares"). Included within this figure, Chris Jepps,
Chief Operating Officer, has exercised share options over a total of 30,952
Ordinary Shares at an exercise price of 0.25 pence per share.

An application has been made for the 178,150 new Ordinary Shares to be
admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank
pari passu with the existing Ordinary Shares and it is expected that Admission
will occur on or around 8.00 a.m. on 14 July 2023.

Upon Admission, the Company's issued share capital will consist of 67,474,375
Ordinary Shares with one voting right each. As Getech does not hold any shares
in Treasury, this figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure and Transparency
Rules.

Following the exercise of the Share Options, Chris Jepps has an interest in
934,178 Ordinary Shares, representing 1.4 per cent. of the enlarged share
capital of the Company.

The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation is appended further below.

For further information, please contact:

 

 Getech Group plc

 Irina Logutenkova, Head of Investor Relations      Tel:  0113 322 2200

 Cenkos Securities plc

 Neil McDonald / Pete Lynch (Corporate Finance)     Tel:  0207 397 8900

 Michael Johnson / Dale Bellis (Sales)

 Novella Communications                             Tel: 0203 151 7008
 Tim Robertson / Claire de Groot / Safia Colebrook
 getech@novella-comms.com

Notes to editors:

 

Getech is a leading locator of the essential energy and mineral resources
vital for the world's energy transition. Getech's unique data encompassing the
most recent 400 million years of Earth's evolution, coupled with its
geoscience expertise, AI-driven analytics and extensive GIS capabilities,
enables the company to provide valuable and actionable insights to support
resource discovery and development.

The company's client portfolio is wide-ranging, from governments,
municipalities and energy companies to consumer goods and computing services
companies, all striving to become energy and minerals self-sufficient and
drive towards net zero.

Founded in 1994 Getech is listed on the Alternative Investment Market of the
London Stock Exchange ("AIM"), with ticker symbol GTC.

For further information, please visit www.getech.com (http://www.getech.com/)
.

 

UK Market Abuse Regulation

The notifications set out below are provided in accordance with the
requirements of the UK Market Abuse Regulation.

 1   Details of the person discharging managerial responsibilities
 a)  Name                                                         Chris Jepps
 2   Reason for the notification
 a)  Position/status                                              Chief Operating Officer
 b)  Initial notification/amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Getech Group plc
 b)  LEI                                                          213800L36BCDMGT89738
 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 0.25 pence each

     Identification code

                                                                  GB00B0HZVP95
 b)  Nature of the transaction                                    Exercise of options over ordinary shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.0025   30,952
 d)  Aggregated information

     -   Aggregated volume                                        n/a

      -   Price
 e)  Date of the transaction                                      10/07/2023
 f)  Place of the transaction                                     London Stock Exchange, AIM (LON: GTC)

d)

Aggregated information

-   Aggregated volume

 -   Price

 

n/a

e)

Date of the transaction

10/07/2023

f)

Place of the transaction

London Stock Exchange, AIM (LON: GTC)

 

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