REG - Velocity Composites - Grant of Share Options to Directors/PDMRs

Velocity CompositesAnnouncement

Tue 11:30

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RNS Number : 9310I  Velocity Composites PLC  25 November 2025

25 November 2025

 

Velocity Composites plc

("Velocity" or the "Company")

 

Grant of Share Options to Directors/PDMRs

 

Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced
composite material kits to the aerospace market, announces that on 20 November
2025, the Board granted a total of 1,049,139 share options over Velocity
ordinary shares of 0.25p each (the "Share Options") to certain directors and
PDMRs.

 

The Share Options are being granted to directors and PDMRs in lieu of a
voluntary 20% salary sacrifice for the 12 months to October 2026. The Share
Options further align the recipients with the development and implementation
of the Company's strategic plans and appropriately incentivise them on an
ongoing basis.

 

The Salary Sacrifice Share Options can be exercised after 1 November 2026.
Once vested, the Share Options may be exercised at any time until the fifth
anniversary of the award date. The Share Options are subject to claw back and
malus provisions and have been granted at an exercise price of 0.25p.

 

The Share Options have been granted to the following Directors/PDMRs:

 

                      Existing Shareholding  Existing Options Held  New Share Options  New Share Options as a % of issued share capital
 Jonathan Bridges(1)  5,365,929              400,000                257,015            0.47%
 James Eastbury       Nil                    695,862                168,014            0.31%
 Oliver Smalley       Nil                    275,000                179,105            0.33%
 Rob Smith            40,000                 325,000                220,298            0.40%
 Andy Beaden          930,010                88,276                 119,843            0.22%
 David Bailey         52,323                 38,621                 52,432             0.10%
 Annette Rothwell     78,547                 38,621                 52,432             0.10%

 

(1) Jonanthan Bridges' holding includes 4,015,929 ordinary shares held in his
own name and 1,350,000 held by his wife.

 

The Share Options granted to Jonathan Bridges, Oliver Smalley and Rob Smith
have been issued under the Company's EMI scheme.

 

Following the above grants, the Company has a total of 4,245,001 Ordinary
Shares currently under option, representing approximately 7.8 per cent of the
Company's issued share capital.

 

 

Enquiries:

 

 Velocity Composites plc                +44 (0) 1282 577577

 Andy Beaden, Chairman

 Jon Bridges, Chief Executive Officer

 Rob Smith, Chief Financial Officer

 Canaccord Genuity Limited              +44 (0) 20 7523 8000

 Nominated Adviser and Joint Broker

 Max Hartley

 George Grainger

 Dowgate Capital Limited                +44 (0) 20 3903 7715

 Joint Broker

 Russell Cook

 Nick Chambers

 SEC Newgate                            +44 (0)7540 106 366

 Financial Communications               velocity@secnewgate.co.uk

 Robin Tozer

 George Esmond

 Harry Handyside

 

About Velocity Composites plc

Based in Burnley, UK, Velocity is the leading supplier of composite material
kits to aerospace and other high-performance manufacturers, that reduce costs
and improve sustainability.  Customers include Airbus, Boeing, and GKN.

 

By using Velocity's proprietary technology, manufacturers can also free up
internal resources to focus on their core business.  Velocity has significant
potential for expansion, both in the UK and abroad, including into new market
areas, such as wind energy, urban air mobility and electric vehicles, where
the demand for composites is expected to grow.

 

 

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                                                         James Eastbury
 2   Reason for the notification
 a)  Position/status                                              PDMR/ Chief Customer officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                168,014
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Jonathan Bridges
 2   Reason for the notification
 a)  Position/status                                              Director / CEO
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                         257,015
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Oliver Smalley
 2   Reason for the notification
 a)  Position/status                                              PDMR / Chief Operations Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                         179,105
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Robert Smith
 2   Reason for the notification
 a)  Position/status                                              Director / Chief Financial Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                         220,298
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Andrew Beaden
 2   Reason for the notification
 a)  Position/status                                              Director / Non-Executive Chairman
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                         119,843
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Bailey
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                         52,432
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Annette Rothwell
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Grant of share options over ordinary shares of 0.25p each
 c)  Price(s) and volumes(s)                                      Price(s)                       Volume(s)
     nil                                                                                                         52,432
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      20 November 2025
 f)  Place of the transaction                                     XOFF

 

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