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

Mind GymAnnouncement

01/08/2025 07:00

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RNS Number : 4936T  Mind Gym PLC  01 August 2025

1 August 2025

 

Mind Gym plc

("MindGym" or the "Company")

 

Grant of awards under the Long Term Incentive Plan

 

MindGym, the global provider of human capital and business improvement
solutions, announces the following awards made on 31 July 2025 under the
Company's Long Term Incentive Plan ("LTIP"):

·      Christoffer Ellehuus, Chief Executive Officer and a Director of
the Company, was awarded 1,714,285 nil-cost options over ordinary shares
of 0.1 pence each in the Company under the LTIP; and

·      Emily Fyffe, Chief Financial Officer and a Director of the
Company, was awarded 942,857 nil-cost options over ordinary shares of 0.1
pence each in the Company under the LTIP.

 

In accordance with the LTIP rules, such awards have a vesting period of three
years and are exercisable up to the tenth anniversary of the award date or
earlier if the Board decides otherwise. Vesting is subject to performance
conditions, which have been set based on revenue (50% of the award), earnings
before interest, tax, depreciation and amortisation ("EBITDA") margin (25% of
the award) and tenure (25% of the award).

 

Enquiries

 

 Mind Gym plc                                                                +44 (0) 20 7376 0626

 Christoffer Ellehuus (CEO)

 Emily Fyffe (CFO)

 investors@themindgym.com (mailto:investors@themindgym.com)

 Panmure Liberum Limited (Nominated Adviser and Sole Broker)                 +44 (0) 20 3100 2000

 Nicholas How

 MHP (for media enquiries)                                                   +44 (0) 7710 117517

 Reg Hoare

 Veronica Farah

 mindgym@mhpgroup.com (mailto:mindgym@mhpgroup.com)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                                      Christoffer Ellehuus
 2    Reason for the notification
 a)   Position/status                                                           Chief Executive Officer
 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

                                                                                Ordinary Shares of 0.1 pence each

      Identification code

                                                                                ISIN: GB00BF3SQB83
 b)   Nature of the transaction                                                 Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                Nil       1,714,285

 d)   Aggregated information (if any)

      - Aggregated volume                                                       N/A - single transaction

      - Price
 e)   Date of transaction                                                       31 July 2025
 f)   Place of the transaction                                                  Outside a trading venue

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

N/A - single transaction

 

 

e)

Date of transaction

31 July 2025

f)

Place of the transaction

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                                      Emily Fyffe
 2    Reason for the notification
 a)   Position/status                                                           Chief Financial Officer
 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

                                                                                Ordinary Shares of 0.1 pence each

      Identification code

                                                                                ISIN: GB00BF3SQB83
 b)   Nature of the transaction                                                 Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                Nil       942,857

 d)   Aggregated information (if any)

      - Aggregated volume                                                       N/A - single transaction

      - Price
 e)   Date of transaction                                                       31 July 2025
 f)   Place of the transaction                                                  Outside a trading venue

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

N/A - single transaction

 

 

e)

Date of transaction

31 July 2025

f)

Place of the transaction

Outside a trading venue

 

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