REG - Online Blockchain - Director/PDMR Shareholding

Online BlockchainAnnouncement

02/05/2018 07:05

2018-05-02T06:00:13.039Zreuters.comtag:reuters.com,2018-05-02:newsml_RSB8182Ma:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-02T06:00:13.039Z2018-05-02T06:00:13.039Z_UCDP:parsn_lse_10.54.132.131_1.2.37102:2019-06-02T06:00:13.039Z3RSB8182MaREG - Online Blockchain  - Director/PDMR ShareholdingLEGACY: Financials (TRBC)LEGACY: Investment Trusts (TRBC)UK Investment Trusts (TRBC level 5)Financials (TRBC level 1)Collective Investments (TRBC level 3)Western EuropeUnited KingdomEuropeSuggested SourcesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesOnline Blockchain PLC








RNS Number : 8182M
Online Blockchain PLC
02 May 2018
 

For immediate release
2 May 2018
 
Online Blockchain PLC
("Online" or the "Company")
Director / PDMR shareholding
Issue of options and warrants
 
The Company announces that on 1 May 2018, the board of directors of Online agreed to award 50,000 options over new ordinary shares to William Louden, a director of the Company. The options vest in full with effect from 31 May 2018 and have an exercise price of 48.5 pence per new ordinary share, being the London closing mid-market price as at 1 May 2018, and must be exercised on or before 1 September 2022.  The option award represents approximately 0.58% of the current issued share capital of 8,662,348 ordinary shares.
 
In addition, the board of directors of Online has agreed to award in aggregate 200,000 warrants over new ordinary shares to consultants and advisers to the Company. The warrants vest in full with effect from 31 October 2018 and have an exercise price of 48.5 pence per new ordinary share and must be exercised on or before 31 October 2022.
 
Accordingly, the Company makes the following announcement notification in accordance with Article 19 of the EU Market Abuse Regulation No. 596/2014:
 

















1


Details of the person discharging managerial responsibilities / person closely associated








a)


Name


William Louden








2


Reason for the notification








a)


Position/status


Non-executive Director








b)


Initial notification/Amendment


Initial Notification








3


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








a)


Name


Online Blockchain plc








b)


LEI


213800EYT2IXOZHDQC16








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


Options over ordinary shares of 5 pence each
 
 

GB0006601479
 








b)


Nature of transaction


Award of options to subscribe for Ordinary Shares








c)


Price(s) and volume(s)


Exercise Price(s)           


Volume(s)
















48.5 pence


50,000








d)


Aggregated information
-      Aggregated volume
-      Price


See 4(c) above








e)


Date of the transaction


1 May 2018








f)


Place of the transaction


Outside a trading venue
















 
 
A copy of this announcement is available on the Company's website, at www.onlineblockchain.io
 
Enquiries:
For further information please contact: 
 













Online Blockchain PLC
Clement Chambers


 
+44 (0) 207 070 0909














Beaumont Cornish Limited (Nominated Adviser)
www.beaumontcornish.com








Roland Cornish/Michael Cornish 
 


+44 (0) 207 628 3396




Smaller Company Capital Limited (Broker)


+44 (0) 203 651 2910




Jeremy Woodgate
 








Cassiopeia Ltd (Investor Relations)
Stefania Barbaglio


stefania@cassiopeia-ltd.com


















ENDS
 
 
 



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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