REG - GETECH Group plc - Grant of Share Options

GetechAnnouncement

08/05/2025 07:01

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RNS Number : 7759H  GETECH Group plc  08 May 2025

8(th) May 2025

 

Getech Group plc

("Getech" or the "Company")

Grant of Share Options

 

Getech (AIM: GTC), a world-leading locator of subsurface resources, makes the
following announcement concerning a Grant of Options.

 

Grant of Options

On 6 May 2025, Getech granted share options in respect of a total of 9,200,000
ordinary shares in the Company to the executive team, senior leadership team
and all staff under the approved share option scheme (the "Options").

The Options include the following awards to directors and PDMRs:

 

 Name          Position                            Number of Options
 Chris Jepps   Chief Executive Officer             1,700,000
 Simon Brown   Finance Director                    900,000
 Max Brouwers  Chief Business Development Officer  900,000

 

The Options all have the following terms:

 

·      The Option exercise price of 0.25p, the nominal value of the
shares

·      The Option term is 3 years

·      35% will vest annually in 3 equal tranches,

·      The remaining 65% will vest subject to achievement of key metrics
related to the Company's share price and financial performance during the
period.

 

Alongside the grant of the Options, 5,850,000 of the previously awarded
employee share options granted on 07 February 2024, have been cancelled.
Accordingly, the Company will have a total of 9,848,912 share options in
issue, representing 6.46% of the Company's total issued share capital.

 

For further information, please contact:
 
 Getech Group plc

 Chris Jepps, CEO                                 Tel:  0113 322 2200

 Cavendish Capital Markets Limited

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

 Michael Johnson / Dale Bellis (Sales)

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

 

 

Notes to editors:

 

About Getech

 

Getech is a leading locator of the energy and mineral resources essential for
the world's energy transition. The Company combines unique geoscience
expertise, AI-driven analytics, and extensive GIS capabilities to deliver
actionable insights that support resource discovery and development. Serving
clients across governments, municipalities, and a wide range of industries,
Getech is committed to enabling energy and mineral self-sufficiency while
driving progress toward net zero.

 

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

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Christopher Jepps
 2   Reason for the notification
 a)  Position/status                                              CEO
 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 0.25p each

GB00B0HZVP95
     Identification code
 b)  Nature of the transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price: £0.0025

                                                                  Volume: 1,700,0005
 d)  Aggregated information                                       N/A

- Aggregated volume
     - Price
 e)  Date of the transaction                                      6 May 2025
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 -  Aggregated volume
 -  Price

N/A

e)

Date of the transaction

6 May 2025

f)

Place of the transaction

Outside of a trading venue

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Simon Brown
 2   Reason for the notification
 a)  Position/status                                              Finance Director
 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 0.25p each

GB00B0HZVP95
     Identification code
 b)  Nature of the transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price: £0.0025

                                                                  Volume: 900,0005
 d)  Aggregated information                                       N/A

- Aggregated volume
     - Price
 e)  Date of the transaction                                      6 May 2025
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 -  Aggregated volume
 -  Price

N/A

e)

Date of the transaction

6 May 2025

f)

Place of the transaction

Outside of a trading venue

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Max Brouwers
 2   Reason for the notification
 a)  Position/status                                              Chief Business Development 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 0.25p each

GB00B0HZVP95
     Identification code
 b)  Nature of the transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price: £0.0025

                                                                  Volume: 900,000
 d)  Aggregated information                                       N/A

- Aggregated volume
     - Price
 e)  Date of the transaction                                      6 May 2025
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 -  Aggregated volume
 -  Price

N/A

e)

Date of the transaction

6 May 2025

f)

Place of the transaction

Outside of a trading venue

 

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