REG - Mind Gym PLC - Grant of Awards under the Long Term Incentive Plan

Mind GymAnnouncement

03/08/2020 17:45

RNS Number : 9955U
  
Mind Gym PLC
  
03 August 2020
  
 

3 August 2020
 
Mind Gym plc 
("Mind Gym" or the "Company")
 
Grant of Awards under the Long Term Incentive Plan
Mind Gym announces that on 12 June 2020 it made an award to a Person Discharging Managerial Responsibility (PDMR) as set out below over ordinary shares of 0.001 pence each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"). In accordance with the LTIP rules, awards to PDMRs based in the US are in the form of restricted stock. The vesting period for the award is between three and five years and is exercisable up to the tenth anniversary of the award date or earlier if the Board decide otherwise.
 



PDMR


Title


Type of Award


Options granted




Ryan Boughan


Chief Commercial Officer US


Restricted stock


95,999



 
Enquiries
 



Mind Gym plc


+44 (0) 20 7376 0626




Octavius Black (CEO)
Joanne Cash (Chair)
Richard Steele (CFO)
 
investors@themindgym.com
 








Liberum (Nominated Adviser and Broker)


+44 (0) 20 3100 2000




Bidhi Bhoma
Joshua Hughes
Euan Brown
 








Maitland/AMO (for media enquiries)


+44 (0) 20 7379 5151




Sam Cartwright
 
mindgym-maitlandamo@maitland.co.uk







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



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Ryan Boughan




2


Reason for the notification




a)


Position/status


Chief Commercial Officer US




b)


Is this an initial notification or an amendment to a prior notification?


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Mind Gym plc




b)


LEI


213800ER1PA5QSNKIL80




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 of 0.001 pence each
 
ISIN: GB00BF3SQB83




b)


Nature of the transaction


Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP)




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




Nil


95,999








d)
 


Aggregated information (if any)
 
- Aggregated volume
 
- Price


 
 
N/A - single transaction
 
 




e)


Date of transaction


12 June 2020




f)


Place of the transaction


Outside a trading venue



 


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