REG - Rosslyn Data Tech. - Grant of Options

Rosslyn Data TechnologiesAnnouncement

14/12/2022 16:30

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RNS Number : 7449J  Rosslyn Data Technologies PLC  14 December 2022

14 December 2022

 

Rosslyn Data Technologies plc

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

 

Grant of Options

 

Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data
analytics platform, announces that, on 14 December 2022 (the "Grant Date"),
the Company granted a total of 17,250,000 options over ordinary shares of 0.5p
in the Company ("Options"), including to two PDMRs as follows:

 

 Name        Position          Number of Options granted  Exercise price  Period and conditions of vesting/exercise
 Paul Watts  CEO               5,000,000                  0.99p           · Vest upon the first anniversary of the Grant Date

                                                                          · Exercisable subject to Mr. Watts remaining an employee of the Company
 Ed Riddell  Finance Director  5,000,000                  0.99p           · Vest upon the first anniversary of the Grant Date

                                                                          · Exercisable subject to Mr. Riddell remaining an employee of the Company

 

The Options have been granted under the Rosslyn 2014 EMI Share Option Plan
(except those to Mr. Watts) and expire 10 years from the Grant Date. The
exercise price of 0.99p represents the average mid-market closing price of the
Company's shares on AIM over the 30 days preceding the Grant Date.

 

Enquiries

 

 Rosslyn
 Paul Watts, Chief Executive Officer                                                     +44 (0)20 3285 8008

 James Appleby, Chairman

 Cenkos Securities (Nominated adviser and Broker)
 Stephen Keys/Camilla Hume                                                               +44 (0)20 7397 8900

 Gracechurch Group (Financial PR)
 Harry Chathli/Claire Norbury                                                            +44 (0)20 4582 3500

 

About Rosslyn

Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive
analytics platform. The Rosslyn Platform helps organizations with diverse
supply chains mitigate risk and make informed strategic decisions. It
leverages automated workflows, artificial intelligence and machine learning to
extract and consolidate procurement data providing visibility of complex
supplier data, enabling supplier spend savings and delivering rapid ROI. For
more information visit www.rosslyn.ai (http://www.rosslyn.ai/)

 

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                                                         Paul Watts

 2    Reason for the notification

 a)   Position/status                                              Executive Director and CEO

 b)   Initial notification/amendment                               Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Rosslyn Data Technologies plc

 b)   LEI                                                          213800UJ7YTBGGXGJN09

                                                            (https://lei-search.lei-worldwide.com/search-results.html?lei=213800UJ7YTBGGXGJN09)

 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  Options over ordinary shares of 0.5 pence each

      Identification code                                          GB00BKX5CP01

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

                                                                                           Price(s)                Volume(s)
                                                                                           0.99 pence              5,000,000

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price                                                      N/A

 e)   Date of the transaction                                      14 December 2022

 f)   Place of the transaction                                     Off market

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Edward Riddell

 2    Reason for the notification

 a)   Position/status                                              Finance Director and PDMR

 b)   Initial notification/amendment                               Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Rosslyn Data Technologies plc

 b)   LEI                                                          213800UJ7YTBGGXGJN09

                                                            (https://lei-search.lei-worldwide.com/search-results.html?lei=213800UJ7YTBGGXGJN09)

 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  Options over ordinary shares of 0.5 pence each

      Identification code                                          GB00BKX5CP01

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

                                                                                           Price(s)                Volume(s)
                                                                                           0.99 pence              5,000,000

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price                                                      N/A

 e)   Date of the transaction                                      14 December 2022

 f)   Place of the transaction                                     Off market

 

 

 

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