REG - GETECH Group plc - Grant of Share Options

GetechAnnouncement

09/02/2022 07:00

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RNS Number : 0771B  GETECH Group plc  09 February 2022

Getech Group plc

("Getech" or the "Company")

Grant of Share Options

Getech announces the grant of 2,250,000 share options on 8 February 2022 as
long-term incentives, including the following grants to directors and persons
discharging managerial responsibilities ("PDMRs"):

 Recipient               Number of share options granted  Total number of options held  Current shareholding
 Jonathan Copus, CEO     650,000                          2,400,000                     45,000
 Christopher Jepps, COO  500,000                          750,000                       903,226
 Andrew Darbyshire, CFO  500,000                          750,000                       -
 Total                   1,650,000                        3,900,000                     948,226

A further 600,000 options were granted to members of the senior management
team who are not classified as PDMRs.

The options were granted with an exercise price of 27.5p per ordinary share,
being the mid-market closing price on 7 February 2022. The options have a
seven-year term and vest one third on each of the next three anniversaries of
the grant date, subject to satisfying certain performance conditions.

 

For further information, please contact:

 

 Getech Group plc                                 Tel:  0113 322 2200

 Jonathan Copus, Chief Executive

 Cenkos Securities plc

 Neil McDonald / Pete Lynch (Corporate Finance)

 Michael Johnson / Julian Morse (Sales)           Tel:  0207 397 8900

 Camarco

 James Crothers / Toby Strong                     Tel: 020 3781 8331

 

EU Market Abuse Regulation

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

 1   Details of the person discharging managerial responsibilities
 a)  Name                                                         Jonathan Copus

 2   Reason for the notification
 a)  Position/status                                              Chief Executive 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  Options over Ordinary shares of 0.25 pence each

     Identification code

                                                                  GB00B0HZVP95
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price £0.275   650,000

 d)  Aggregated information

     -   Aggregated volume                                        N/A

      -   Price
 e)  Date of the transaction                                      8 February 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-   Aggregated volume

 -   Price

 

N/A

e)

Date of the transaction

8 February 2022

f)

Place of the transaction

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                                         Christopher 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  Options over Ordinary shares of 0.25 pence each

     Identification code

                                                                  GB00B0HZVP95
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price £0.275   500,000
 d)  Aggregated information

     -   Aggregated volume                                        N/A

      -   Price
 e)  Date of the transaction                                      8 February 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-   Aggregated volume

 -   Price

 

N/A

e)

Date of the transaction

8 February 2022

f)

Place of the transaction

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                                         Andrew Darbyshire
 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                                                         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  Options over Ordinary shares of 0.25 pence each

     Identification code

                                                                  GB00B0HZVP95
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price £0.275   500,000
 d)  Aggregated information

     -   Aggregated volume                                        N/A

      -   Price
 e)  Date of the transaction                                      8 February 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-   Aggregated volume

 -   Price

 

N/A

e)

Date of the transaction

8 February 2022

f)

Place of the transaction

Outside a trading venue

 

 

Notes to editors:

 

Getech (AIM: GTC) helps countries and companies to manage their natural
resources and energy infrastructure to assist in the delivery of a successful
energy transition to a net-zero economy. We use our extensive geoscience,
geotechnical and geospatial technology, and skills to locate sustainable
energy resources, de-risk and optimise their development and long-term
economic production. Our focus is on scalable projects that can deliver
meaningful impact across industries including oil and gas, mining of battery
metals, geothermal, green & blue hydrogen, and smart cities.

H2 Green is a developer and operator of green hydrogen hub infrastructure. Its
mission is to develop a national network of hydrogen production, storage, and
retail facilities, providing customers with a secure supply of low-cost green
hydrogen. H2 Green's data-led location analytics allows it to optimise the
positioning of hubs and minimise capital costs by repurposing legacy
infrastructure for a greener future.

H2 Green is a wholly owned subsidiary of the Getech Group.

For further information, please visit www.getech.com (http://www.getech.com/)
, www.h2green.co.uk (http://www.h2green.co.uk/)

 

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