REG - Nightcap PLC - Director interests and grant of share options

NightcapAnnouncement

23/11/2021 11:00

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RNS Number : 2897T  Nightcap PLC  23 November 2021

 

23 November 2021

 

 

Nightcap plc

("Nightcap", the "Company" or the "Group")

 

Director and PDMR interests

 

and

 

grant of share options to employees

 

 

Interests of Directors and persons discharging managerial responsibilities
(PDMRs)

Nightcap (AIM: NGHT) announces that, following the issue of the 5,682,609
Consideration Shares announced on 22 November 2021, Nightcaps' Directors now
have the following percentage interests in the Company's issued ordinary share
capital:

                              Following the issue of the Consideration Shares
                              Number of Ordinary Shares held  Percentage of issued ordinary share capital
 Director
 Michael Willingham-Toxvaerd  12,552,501                      6.57%
 Sarah Willingham-Toxvaerd    21,686,584                      11.34%
 Tobias Van der Meer          9,050,000                       4.73%
 Lance Moir                   360,000                         0.19%
 Thi-Hanh Jelf                180,000                         0.09%

 

In addition, certain of Nightcap's persons discharging managerial
responsibilities ("PDMRs") now have the following percentage interests in the
Company's issued ordinary share capital:

                      Following the issue of the Consideration Shares
                      Number of Ordinary Shares held  Percentage of issued ordinary share capital
 PDMR
 John James Goodman*  16,032,157                      8.39%
 James Hopkins        8,105,810                       4.24%
 Tobias Jackson       1,277,433                       0.67%
 Thomas Kidd          1,668,737                       0.87%

 

* Includes 901,312 Ordinary Shares held by CGCC Ltd which is beneficially
owned and controlled by John James Goodman.

 

Grant of options to employees

The Company also announces that it has today granted a total of 1,050,000
share options to 13 of the Group's employees (none of whom are Directors or
PDMRs) under a Company Share Option Plan scheme (the "CSOP Options") which the
Company has put in place.

All of the CSOP Options have been granted with an exercise price of 20 pence,
representing the closing mid-market share price on 22 November 2021. The CSOP
Options will become exercisable from the third anniversary of the grants until
the tenth anniversary of the date of the grants, but will only be exercisable
when and if the Company was profitable in the prior accounting year (for these
purposes, "profitable" means taking the Company's reported consolidated profit
before tax for the relevant prior accounting year and adding back interest,
depreciation and amortisation, exceptional items and non-recurring costs).

Capitalised terms in this announcement shall have the meanings given to such
terms in the announcement issued by the Company dated 22 November 2021 unless
otherwise defined herein.

 

For further enquiries:

 Nightcap plc

 Sarah Willingham / Toby Rolph / Gareth Edwards                          c/o We Are The Romans

 Allenby Capital Limited (Nominated Adviser and Broker)                  +44 (0) 20 3328 5656

 Nick Naylor / Alex Brearley / Piers Shimwell (Corporate Finance)        www.allenbycapital.com (http://www.allenbycapital.com/)

 Matt Butlin / Amrit Nahal / Tony Quirke (Sales and Corporate Broking)

 The Romans (Financial PR)                                               https://www.wearetheromans.com/ (https://www.wearetheromans.com/)

 Courtney Hamilton-Foad (Account Manager)                                +44 (0)7402 911 817

                                                                         Nightcap@wearetheromans.com (mailto:Nightcap@wearetheromans.com)

 

 

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