REG - Skillcast Group PLC - Grant of share options

SkillcastAnnouncement

30/01/2025 10:30

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RNS Number : 3056V  Skillcast Group PLC  30 January 2025

 

 

30 January 2025

 

Skillcast Group plc

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

 

Grant of share options

 

Skillcast Group plc (AIM: SKL), the provider of SaaS compliance software and
off-the-shelf e-learning, announces the grant of 1,360,000 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 42.5 pence per option, being the closing mid-market price of an
Ordinary Share on 29 January 2025, the date of the grant.

 

Of the 1,360,000 Options granted, 360,000 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)                    1,060,000                                   300,000                    1,360,000                           1.52%
 Sharon Mulligan (Chief People Officer)  240,000                                     60,000                     300,000                             0.34%

 

All 1,360,000 Options will vest equally over four years based on continuing
service.

 

Of the total 1,360,000 Options granted, 651,000 Options are non-tax advantaged
share options over Ordinary Shares to employees or freelancers of the Company
who are either not resident in the UK or not eligible for EMI options. The
remaining 709,000 Options are EMI qualifying options.

 

Following today's grant of Options, the Company currently has options
outstanding over a total of 6,440,000 Ordinary Shares, representing 7.2% of
the Company's current issued share capital.

 

The FCA notifications, made in accordance with the requirements of the UK
Market Abuse Regulation are 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)
                                                                   42.5p exercise price  300,000
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price                                                      n/a
 e)   Date of the transaction                                      29 January 2025
 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

29 January 2025

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)
                                                                   42.5 exercise price  60,000
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price                                                      n/a
 e)   Date of the transaction                                      29 January 2025
 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

29 January 2025

f)

Place of the transaction

Outside a trading venue - grant of options

 

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