REG-Marechale Capital Plc: Grant of Options

Marechale CapitalAnnouncement

07/12/2022 13:15

 7 December 2022

Marechale Capital plc

(“Marechale” or the “Company”)

Grant of Options

Marechale Capital plc (AIM:MAC) announces that it has granted options in
aggregate over 6,950,000 ordinary shares at 2.05p per share ("the Share
Options") to directors, being Patrick Booth-Clibborn and Mark Warde-Norbury,
and to other persons as detailed below.

The Share Options, which have been approved by shareholders, represent
approximately 7.3 per cent. of the Company's current issued share capital.

The Share Options were awarded as follows:

                          Number of Share Options Granted  Resultant Number of Share Options Held  As a % of Current Issued Share Capital 
 Patrick Booth-Clibborn                         4,700,000                              10,900,859                                   11.4% 
 Mark Warde-Norbury                               450,000                               1,315,217                                    1.4% 
 Others                                         1,800,000                               2,800,000                                    2.9% 
 Total                                          6,950,000                              15,016,076                                  1 5.7% 

This issued share capital of the Company is 95,461,247 ordinary shares.
Following the grant of the Share Options, the Company will have 15,016,076
options in issue representing 15.7 per cent. of the issued share capital in
aggregate.

The Share Options have been granted in accordance with rules of the Marechale
Capital plc share option plan.  The Share Options have an exercise price of
2.05p per share (being the closing price on 5 December 2022),  vest on the
third anniversary of grant, are not subject to performance criteria and will
expire on the fifth anniversary of the earliest date of exercise, the latter
taken to be the date on which the options have vested.

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

For further information please contact:

 Marechale Capital plc Mark Warde-Norbury / Patrick Booth-Clibborn                                   Tel: +44 (0)20 7628 5582 
 Cairn Financial Advisers LLP (Nomad) Jo Turner / Sandy Jamieson                                     Tel: +44 (0)20 7213 0880 
 BlytheRay (Financial PR) Tim Blythe / Megan Ray                     Tel: + 44 (0)78 7574 4070 marechalecapital@blytheray.com 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014                                                                                                                                                                                            
 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                                                                        
 a.  Name                                                                              1. Patrick Booth-Clibborn                                                                                                                                                                    
                                                                                       2. Mark Warde-Norbury                                                                                                                                                                        
 2   Reason for notification                                                                                                                                                                                                                                                        
 a.  Position/Status                                                                   1. Chief Executive                                                                                                                                                                           
                                                                                       2. Executive Chairman                                                                                                                                                                        
 b.  Initial notification/ Amendment                                                   Initial                                                                                                                                                                                      
 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                                                                                                  
 a.  Name                                                                              Marechale Capital Plc                                                                                                                                                                        
 b.  LEI                                                                               213800WAVVOPS85N2205                                                                                                                                                                         
 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  Ordinary Shares   ISIN: GB0005401087                                                                                                                                                         
 b.  Nature of the transaction                                                         Grant of share options at an exercise price of 1.25 pence                                                                                                                                    
 c.  Price(s) and volume(s)                                                                                                                                                                                                                                                         
                                                                                                                  Volume(s)                  Exercise Price (p)                                                                                                                     
     1. 4,700,000                                                                                                 2.05p                                                                                                                                  
                                                                                                                  b) 450,000                 2.05p                                                                                                                                  
                                                                                                                                                                                                                                     
 d.  Aggregated information  - Aggregated Volume - Price                               5,150,000 2.05 pence                                                                                                                                                                         
 e.  Date of the transaction                                                           6/12/2020                                                                                                                                                                                    
 f.  Place of the transaction                                                          London Stock Exchange, AIM                                                                                                                                                                   
                                                                                                                                                                                                                                                                                    



Copyright (c) 2022 PR Newswire Association,LLC. All Rights Reserved