REG - Nightcap PLC - Grant of share options

NightcapAnnouncement

16/03/2022 07:15

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RNS Number : 8944E  Nightcap PLC  16 March 2022

16 March 2022

 

Nightcap plc

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

 

Grant of share options

 

Nightcap (AIM: NGHT), the owner of The Cocktail Club, the Adventure Bar Group
and the Barrio Familia group of bars, announces that it has today granted a
total of 3,864,407 share options to a number of the Group's employees (the
"Options"). These Options have been granted pursuant to Nightcap's Share
Option Plan, under the Company Share Option Plan ("CSOP") and also as
unapproved options, with all Options having been granted on the same terms.

677,966 Options have been granted to Dawn Donohoe, who has broadened her
Managing Director role by assuming overall responsibility for management of
The Cocktail Club and Barrio Familia brands. 542,373 Options have been granted
to Jim Robertson, Managing Director of Barrio Familia Group. Dawn Donohoe and
Jim Robertson are both persons discharging managerial responsibilities
("PDMRs"). The other 2,644,068 Options have been granted to Group employees.

All of the Options have been granted with an exercise price of 14.75 pence,
representing the closing mid-market share price on 15 March 2022. The 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).

Following today's Option grants, Nightcap's entire option pool is now
equivalent to 12.77% of the Company's issued ordinary share capital.

The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation is appended further below.

 

For further enquiries:

 Nightcap plc

 Sarah Willingham / Toby Rolph / Gareth Edwards                          email@nightcapplc.com (mailto:email@nightcapplc.com)

 Allenby Capital Limited (Nominated Adviser and Broker)

 Nick Naylor / Alex Brearley / Piers Shimwell (Corporate Finance)

 Matt Butlin / Amrit Nahal / Tony Quirke (Sales and Corporate Broking)   +44 (0) 20 3328 5656

                                                                         www.allenbycapital.com (http://www.allenbycapital.com/)

 Bright Star Digital (PR)                                                https://www.brightstardigital.co.uk/ (https://www.brightstardigital.co.uk/)

 Pam Lyddon                                                              +44 (0) 7534 500 829

                                                                         pamlyddon@brightstardigital.co.uk (mailto:pamlyddon@brightstardigital.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                                                         Dawn Donohoe
 2.  Reason for the Notification
 a)  Position/status                                              Managing Director, The Cocktail Club
 b)  Initial notification/Amendment                               Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Nightcap plc
 b)  LEI                                                          213800MVK2M2T12TZA46
 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  Grant of options over ordinary shares of 1p each

     Identification code                                          ISIN: GB00BLKGVD49
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)
                                                                  Exercise price of 14.75 pence per share  677,966 options
 d)  Aggregated information:                                      n/a

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      16 March 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

-Aggregated volume

-Price

n/a

e)

Date of the transaction

16 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Jim Robertson
 2.  Reason for the Notification
 a)  Position/status                                              Managing Director, Barrio Familia Group
 b)  Initial notification/Amendment                               Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Nightcap plc
 b)  LEI                                                          213800MVK2M2T12TZA46
 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  Grant of options over ordinary shares of 1p each

     Identification code                                          ISIN: GB00BLKGVD49
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)
                                                                  Exercise price of 14.75 pence per share  542,373 options
 d)  Aggregated information:                                      n/a

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      16 March 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

-Aggregated volume

-Price

n/a

e)

Date of the transaction

16 March 2022

f)

Place of the transaction

Outside a trading venue

 

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