REG - Touchstar PLC - Grant of options

TouchstarAnnouncement

16/01/2024 09:31

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RNS Number : 8567Z  Touchstar PLC  16 January 2024

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

16 January 2024

 

Touchstar plc

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

 

Grant of options

 

Touchstar plc (AIM:TST), suppliers of mobile data computing solutions and
managed services to a variety of industrial sectors, announces that the Board
have approved the grant of up to 211,876 share options over ordinary shares in
the capital of the Company ("Options"). Of which 70,000 Options have been
awarded to Mark Hardy (CEO) and Natasha (CFO). The Options are exercisable at
95p per share subject to the achievement of certain performance conditions.
The Options have been awarded under the Company's Long-Term Incentive Plan
("LTIP") as approved by shareholders at the Company's annual general meeting
on 23 June 2021.

 

Mark Hardy, CEO, has been granted 40,000 Options, following which he now holds
in aggregate 116,000 Options. Natasha Rourke, CFO, has been granted 30,000
Options, following which she now holds in aggregate 70,000 Options.

 

For further information, please contact:

 

 Touchstar plc                                  www.touchstarplc.com (http://www.touchstarplc.com/)

 Ian Martin                                     0161 874 5050

 Mark Hardy                                     0161 874 5050
 WH Ireland - Nominated Adviser & Broker        www.whirelandcb.com (http://www.whirelandplc.com/)

 Corporate Finance - Mike Coe/Sarah Mather      020 7220 1666

 

Information on Touchstar plc can be seen at: www.touchstarplc.com
(http://www.touchstarplc.com/)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Mark Hardy
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/ Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Touchstar plc
 b)  LEI                                                          213800EO42MM683FGC44
 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 5p each

     Identification code

                                                                  G00BD9YDB55
 b)  Nature of the transaction                                    Grant of Option under the LTIP
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  95p       40,000

 
 d)  Aggregated information

     -     Aggregated volume                                      40,000

     -     Price                                                  £38,000
 e)  Date of the transaction                                      16 January 2024
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

40,000

£38,000

e)

Date of the transaction

16 January 2024

f)

Place of the transaction

Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Natasha Rourke
 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                                                         Touchstar plc
 b)  LEI                                                          213800EO42MM683FGC44
 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 5p each

     Identification code

                                                                  G00BD9YDB55
 b)  Nature of the transaction                                    Grant of Option under the LTIP
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  95p       30,000

 
 d)  Aggregated information

     -     Aggregated volume                                      30,000

     -     Price                                                  £28,500
 e)  Date of the transaction                                      16 January 2024
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

30,000

£28,500

e)

Date of the transaction

16 January 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 

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