REG - Skillcast Group PLC - Grant of share options
11/05/2023 07:00
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RNS Number : 0109Z Skillcast Group PLC 11 May 2023
11 May 2023
Skillcast Group plc
("Skillcast", the "Group", or the "Company")
Grant of share options
Skillcast Group plc (AIM: SKL), the provider of content and technology for
digital compliance transformation, announces the grant of 1,600,000 share
options (the "Options") over ordinary shares of 0.1 pence each ("Ordinary
Shares") to a Director and a number of employees of the Company, under the
Skillcast Group plc EMI and Non-Qualifying Share Option Plan. The Options have
an exercise price of 21 pence per option, being the closing mid-market price
of an Ordinary Share on 10 May 2023, the date of the grant.
Of the 1,600,000 Options granted, 920,000 Options have been granted to a
director of the Company and persons discharging managerial responsibilities
("PDMRs"), as follows:
Director/PDMR Existing options over Ordinary Shares held Number of Options granted Total options held following grant % of current issued share capital
Richard Steele (CFO) 360,000 700,000 1,060,000 1.18%
MaryAnn DeBattista (Group FC) 180,000 60,000 240,000 0.27%
Sharon Mulligan (Chief People Officer) 80,000 160,000 240,000 0.27%
The 700,000 Options granted to Richard Steele will vest equally over three
years based on continuing service. The remaining 900,000 Options will vest
equally over four years based on continuing service.
Of the total 1,600,000 Options granted, 220,000 Options are non-tax advantaged
share options over Ordinary Shares to two employees of the Company who are not
resident in the UK. The remaining 1,380,000 Options are EMI qualifying
options.
Following today's grant of Options, the Company currently has options
outstanding over a total of 6,090,000 Ordinary Shares, representing 6.81% of
the Company's current issued share capital.
The FCA notifications, made in accordance with the requirements of the UK
Market Abuse Regulation is appended further below.
For further information, please contact:
Skillcast Group plc +44 (0) 207 929 5000
Richard Amos, Chairman
Vivek Dodd, CEO
Richard Steele, CFO
Allenby Capital Limited (Nominated Adviser and Broker) +44 (0) 203 328 5656
James Reeve / Piers Shimwell (Corporate Finance)
Jos Pinnington/Tony Quirke (Corporate Broking and Sales)
About Skillcast Group plc
Skillcast helps companies build ethical, inclusive, and resilient workplaces.
It provides content and technology to digitise and streamline compliance
processes and manage them from a single compliance portal. Its product range
includes a Learning management system with comprehensive off-the-shelf
compliance course libraries, a Policy hub, Staff declarations, Anonymous
surveys, CPD tracking, and compliance registers for gifts, expenses, PA
dealing, whistleblowing.
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 Richard Steele
2 Reason for the notification
a) Position/status CFO
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Skillcast Group plc
b) LEI 213800OV1WLNFL7YRY20
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 0.1 pence each in Skillcast Group plc
Identification code
Identification code (ISIN) for Skillcast Group plc ordinary shares:
GB00BNLXS042
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s) Volume(s)
21p exercise price 700,000
d) Aggregated information
- Aggregated volume n/a
- Price n/a
e) Date of the transaction 10 May 2023
f) Place of the transaction Outside a trading venue - grant of options
d)
Aggregated information
- Aggregated volume
- Price
n/a
n/a
e)
Date of the transaction
10 May 2023
f)
Place of the transaction
Outside a trading venue - grant of options
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name MaryAnn DeBattista
2 Reason for the notification
a) Position/status Group Financial Controller (PDMR)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Skillcast Group plc
b) LEI 213800OV1WLNFL7YRY20
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 0.1 pence each in Skillcast Group plc
Identification code
Identification code (ISIN) for Skillcast Group plc ordinary shares:
GB00BNLXS042
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s) Volume(s)
21p exercise price 60,000
d) Aggregated information
- Aggregated volume n/a
- Price n/a
e) Date of the transaction 10 May 2023
f) Place of the transaction Outside a trading venue - grant of options
d)
Aggregated information
- Aggregated volume
- Price
n/a
n/a
e)
Date of the transaction
10 May 2023
f)
Place of the transaction
Outside a trading venue - grant of options
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sharon Mulligan
2 Reason for the notification
a) Position/status Chief People Officer (PDMR)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Skillcast Group plc
b) LEI 213800OV1WLNFL7YRY20
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 0.1 pence each in Skillcast Group plc
Identification code
Identification code (ISIN) for Skillcast Group plc ordinary shares:
GB00BNLXS042
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s) Volume(s)
21p exercise price 160,000
d) Aggregated information
- Aggregated volume n/a
- Price n/a
e) Date of the transaction 10 May 2023
f) Place of the transaction Outside a trading venue - grant of options
d)
Aggregated information
- Aggregated volume
- Price
n/a
n/a
e)
Date of the transaction
10 May 2023
f)
Place of the transaction
Outside a trading venue - grant of options
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