REG - i-nexus Global PLC - Grant of LTIP Options

i-nexus GlobalAnnouncement

29/01/2021 14:10

RNS Number : 4142N
  
i-nexus Global PLC
  
29 January 2021
  
 

29 January 2021
i-nexus Global plc
("i-nexus", the "Company" or the "Group")
 
Grant of LTIP Options
 
i-nexus Global plc (AIM: INX), announces that further to the  announcement  on 19 October 2020, it has issued LTIP options over 1,774,296 new ordinary shares of 10 pence each in the Company ("Ordinary Shares") to certain Directors and employees of the Company.   The options granted to Directors of the Company are as follows:
 



First (Financial year 2021) allocation 
 
Simon Crowther
Alyson Levett


 
 
369,645
266,144














Second (Financial year 2022) allocation 
 
Simon Crowther
Alyson Levett


 
 
369,645
266,144



 
The vesting of the LTIP options is conditional upon retaining employment with the Company at the date of vesting and achieving agreed monthly recurring revenue targets for the respective years and is subject to  approval from  the Company's remuneration committee. Vesting will be confirmed following certification by the auditors of closing MRR for the relevant financial year.
 
For further information please contact:



i-nexus Global plc
Simon Crowther, CEO
Alyson Levett, CFO
 


Via: Alma PR 




N+1 Singer (Nominated Adviser and Broker)
Sandy Fraser (Corporate Finance)
Tom Salvesen (Corporate Broking)
 


Tel: +44 (0)207 496 3000




Alma PR
Caroline Forde / Robyn Fisher


Tel: +44 (0)203 405 0205



 
 



1.


Details of the person discharging managerial responsibilities / person closely associated




a.  


Name


Simon Crowther




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


i-nexus Global plc




b.           


LEI


213800QGMSEXNLYTU2g2




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
 
Identification code


Options over ordinary shares of 10p each ("Ordinary Shares")
 
 
 
ISIN: GB00BDFDLT01




b.           


Nature of the transaction


Grant of options over 739,290 Ordinary Shares under the i-nexus Global plc Long Term Investment Plan




c.           


Price(s) and volume(s)


 



Exercise Price(s)
 


Volume(s)




10p


739,290



 




d.           


Aggregated information
Aggregated volume
Price
 


 
n/a single transaction
 
 
 




e.         


Date of the transaction


13/01/2021




f.         


Place of the transaction


Outside a trading venue



 
 



1.


Details of the person discharging managerial responsibilities / person closely associated




a.  


Name


Alyson Levett




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


i-nexus Global plc




b.           


LEI


213800QGMSEXNLYTU2g2




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
 
Identification code


Options over ordinary shares of 10p each ("Ordinary Shares")
 
 
 
ISIN: GB00BDFDLT01




b.           


Nature of the transaction


Grant of options over 532,288 Ordinary Shares under the i-nexus Global plc Long Term Investment Plan




c.           


Price(s) and volume(s)


 



Exercise Price(s)
 


Volume(s)




10p


532,288



 




d.           


Aggregated information
Aggregated volume
Price
 


 
n/a single transaction
 
 
 




e.         


Date of the transaction


13/01/2021




f.         


Place of the transaction


Outside a trading venue



 

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