Grant of Share Options

Tekmar

07/05/2026 12:40

RNS Number : 4662D

Tekmar Group PLC

07 May 2026

 

Tekmar Group plc

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

 

Grant of Share Options  

 

Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, announces that the Group has established a share option plan which has granted share options on 6 May 2026 (the "May 2026 Plan", the "Plan") to certain directors of the Group ("Directors") and other Persons Discharging Managerial Responsibility ("PDMR") employees.

 

Background to and Key Terms of the Share Option Plan

 

Steve Lockard has been a non-executive director of Tekmar since April 2023, joining the Board at the time of SCF Partners' investment in the Group, where Steve was a co-investor. Steve subsequently assumed the role of Chair in June 2024. Steve brings a wealth of experience in the offshore energy sector and brings valuable insight to the Group's value creation and platform building strategy, both organically and through M&A.

 

To reflect Steve's significant Board level contribution, and to align his involvement with the interests of the Company's shareholders, Steve has been granted 1,500,000 share options under the Plan with the following conditions:

-      500,000 share options at an exercise price of 1.00p exercisable from date of grant;

-      500,000 share options at an exercise price of 5.00p exercisable from date of grant; and

-      500,000 share options at an exercise price of 5.00p exercisable after the share price has exceeded 19.99p.    

 

The share options under the Plan (the "New Share Options") represent 1,500,000 shares in aggregate, equivalent to 1.07% of the Company's current issued share capital of 139,551,387. Total ordinary shares under option (including the New Share Options and those Share Options announced earlier on 7 May 2026) represent 8.2% of the Company's current issued share capital.

 

The relevant Director / PDMR Notification is set out further below.

 

Enquiries:

 

Tekmar Group plcRichard Turner, CEO
Phil Lanigan, CFO
c/o +44 (0)20 4582 3500
Cavendish Capital Markets Limited (Nomad and Broker)Peter Lynch
Neil McDonald
Pearl Kellie

 +44 (0)131 220 9772
+44 (0)131 220 9771
+44 (0)131 220 9775
Gracechurch Group (Financial Media & Investor Relations)
Murdo Montgomery
Alexis Gore
+44 (0)20 4582 3500

 

About Tekmar Group plc

 

Tekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world's energy transition.

 

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer's engineering challenges, improve safety and lower project costs. Our capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology. 

 

We have a clear strategy focused on strengthening Tekmar's value proposition as an engineering solutions-led business which offers integrated and differentiated technology, services and products to our global customer base.

 

Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global reach with offices, manufacturing facilities, strategic supply partnerships and representation in 18 locations across Europe, Africa, the Middle East, Asia Pacific and North America.

 

For more information visit: www.tekmargroup.com

 

 

Director / PDMR Notification

 

1
Details of the Director
a)
Name
Steve Lockard
2
Reason for the notification
a)
Position/status
Chair, Tekmar Group plc
b)
Initial notification/amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Tekmar Group plc
b)
LEI
213800839UQKQTV33E71
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 £0.01 each
Identification code
GB00BDFGGK53
b)
Nature of transaction
Grant of options under the Share Option Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.01
500,000
£0.05
500,000
£0.05
500,000
d)
Aggregated information
Aggregated volume
NA
Price
NA
e)
Date of transaction
6 May 2026
f)
Place of transaction
Outside a trading venue

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHUPUBWAUPQGGM