REG - Supply @ME Capital - Grant of Awards under the Supply@ME LTIP

Supply@Me CapitalAnnouncement

22/05/2023 07:00

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RNS Number : 1103A  Supply @ME Capital PLC   22 May 2023

22 May 2023

Supply@ME Capital plc

(the "Company", "Supply@ME" or "SYME")

Grant of Awards under the Supply@ME Long Term Incentive Plan

SYME, the fintech business which provides an innovative fintech platform for
use by manufacturing and trading companies to access Inventory Monetisation©
solutions enabling their businesses to generate cashflow, announces that,
following approval from the Company's board of directors (the "Board" or
"Directors") and remuneration committee of the Board, on 19 May 2023 awards in
the form of nominal-cost share options ("Awards") over 355,884,274 ordinary
shares of nominal value 0.002 pence each in the capital of the Company
("Ordinary Shares") were granted under the Supply@ME Long Term Incentive Plan
(the "LTIP") to certain of the Company's executives and senior management.

The Awards granted include those made to the following Director and person
discharging managerial responsibilities ("PDMR"):

 Name                Position                                     Number of Ordinary Shares under Award
 Alessandro Zamboni  Chief Executive Officer; Executive Director  97,031,250
 Amy Benning         Chief Financial Officer; PDMR                70,312,500

Pursuant to the terms of the LTIP the Awards will normally become exercisable
on 19 May 2026.

Awards may become exercisable subject to continued employment and the
achievement of performance conditions relating to absolute Total Shareholder
Return measured (50%) and volume of inventory monetised (50%). Each
performance condition will be measured over a three-year performance period
comprising the 2023, 2024 and 2025 financial years (as set out in SYME's 2022
Annual Report and Accounts).

The Award granted to Alessandro Zamboni is additionally subject to a two-year
post-vesting holding period following the vesting date.

Contact information:

Alessandro Zamboni, CEO, Supply@ME Capital
plc,  investors@supplymecapital.com

MHP Group, SupplyME@mhpgroup.com

The information set out below is provided in accordance with the requirements
of Article 19(3) of Regulation 2014/596/EU, which is part of the domestic law
of the United Kingdom of Great Britain and Northern Ireland pursuant to the
Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310).

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         1.  Alessandro Zamboni

                                                                  2.  Amy Benning

 2   Reason for notification
 a)  Position/status                                              1.  Chief Executive Officer; Executive Director; PDMR

                                                                  2.  Chief Financial 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                                                         Supply@ME Capital plc
 b)  LEI                                                          213800ZY2C2TI2C5WQ61
 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  Ordinary shares of nominal value 0.002p each in the capital of Supply@Me

                                                            Capital plc
     Identification code

                                                                  ISIN: GB00BFMDJC60
 b)  Nature of the transaction                                    Grant of awards in the form of nominal-cost options over ordinary shares of
                                                                  nominal value 0.002p each in the capital of Supply@Me Capital plc under the
                                                                  Supply@ME Long Term Incentive Plan

 c)  Price(s) and volume(s)                                       Price(s)                 Volume(s)

                                                            1.         Nil           1.         97,031,250

                                                                  2.         Nil           70,312,500

 d)  Aggregated information

     -  Aggregated volume                                         167,343,750

     -  Price                                                     Nil
 e)  Date of the transaction                                      19 May 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-  Aggregated volume

-  Price

 

167,343,750

Nil

e)

Date of the transaction

19 May 2023

f)

Place of the transaction

Outside of a trading venue

 

 

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