REG - Tekmar Group PLC - Grant of Conditional Share Options

TekmarAnnouncement

26/03/2025 12:00

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RNS Number : 3372C  Tekmar Group PLC  26 March 2025

 

Tekmar Group plc

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

 

Grant of Conditional Share Options

Tekmar Group plc, the leading provider of technology and services for the
global offshore energy markets, announces that the Group has established a
share option plan (the "Share Option Plan" or "Plan"), and has awarded share
options to the executive directors, other PDMRs and certain other employees of
a total of 288,162 ordinary shares of £0.01 each in the Company ("Ordinary
Shares"). The award of these options is intended to further motivate the
senior team and to retain talented individuals. The share options have been
awarded subject to certain conditions which are summarised below and shall
vest on 25 March 2027 ("Vesting Date").

 

The following Persons Discharging Managerial Responsibility ("PDMRs") have
been granted options:

 

 Name                         Position                                   Number of Share Option Plan options granted  Total interest in Ordinary Shares (No.)  Total interest in Ordinary Shares (%)
 Leanne Wilkinson             Chief Financial Officer,                   72,040                                       614,130                                  0.45%

                              Tekmar Group plc

 Marc Bell                    Chief Operating Officer, Tekmar Group plc  43,224                                       466,667                                  0.34%

 Fraser Gibson                Managing Director,                         43,224                                       111,711                                  0.08%

                              Ryder

 Gary Howland                 Sales Director,                            28,816                                       126,438                                  0.12%

                              Tekmar Group plc
 Tallulah Whitewood-Spedding  General Counsel and Company Secretary,     21,612                                       0                                        0%

                              Tekmar Group plc

 

 

Conditions

 

Options have been awarded according to two performance criteria assessed
against the Group's performance over FY24. Options were allocated equally
between the two criteria, measuring performance by EBITDA and free cashflow.

 

On the Vesting Date, individuals will be entitled to acquire shares at the
exercise price of 6.22p provided that they remain employed at that date.

 

The relevant notification set out below is provided in accordance with the
requirements of Article 19 of the EU Market Abuse Regulation.

 

 

 

 1   Details of the person discharging managerial responsibility / person closely
     associated
 a)   Name                                                         Leanne Wilkinson
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer, 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 conditional options under the Share Option Plan
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)
     £0.01                                                                                        72,040
 d)  Aggregated information
     Aggregated volume                                            NA
     Price                                                        NA
 e)  Date of transaction                                          25.03.2025
 f)  Place of transaction                                         Outside a trading venue

 

 1   Details of the person discharging managerial responsibility / person closely
     associated
 a)   Name                                                         Marc Bell
 2   Reason for the notification
 a)  Position/status                                              Chief Operating Officer, 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 conditional options under the Share Option Plan
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)
     £0.01                                                                                        43,224
 d)  Aggregated information
     Aggregated volume                                            NA
     Price                                                        NA
 e)  Date of transaction                                          25.03.2025
 f)  Place of transaction                                         Outside a trading venue

 

 1   Details of the person discharging managerial responsibility / person closely
     associated
 a)   Name                                                         Fraser Gibson
 2   Reason for the notification
 a)  Position/status                                              Managing Director, Ryder
 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 conditional options under the Share Option Plan
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)
     £0.01                                                                                        43,224
 d)  Aggregated information
     Aggregated volume                                            NA
     Price                                                        NA
 e)  Date of transaction                                          25.03.2025
 f)  Place of transaction                                         Outside a trading venue

 

 1   Details of the person discharging managerial responsibility / person closely
     associated
 a)   Name                                                        Gary Howland
 2   Reason for the notification
 a)  Position/status                                              Sales Director, 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 conditional options under the Share Option Plan
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)
     £0.01                                                                                        28,816
 d)  Aggregated information
     Aggregated volume                                            NA
     Price                                                        NA
 e)  Date of transaction                                          25.03.2025
 f)  Place of transaction                                         Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibility / person closely
     associated
 a)   Name                                                        Tallulah Whitewood-Spedding
 2   Reason for the notification
 a)  Position/status                                              General Counsel and Company Secretary, 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 conditional options under the Share Option Plan
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)
     £0.01                                                                                       21,612
 d)  Aggregated information
     Aggregated volume                                            NA
     Price                                                        NA
 e)  Date of transaction                                          25.03.2025
 f)  Place of transaction                                         Outside a trading venue

 

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