REG - ZAIM Credit Systems - Issue of Options

Adalan VenturesAnnouncement

24/09/2020 12:50

RNS Number : 0412A
  
ZAIM Credit Systems PLC
  
24 September 2020
  
 

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction




For Immediate Release
24 September 2020
Zaim Credit Systems Plc
("Zaim" or the "Group")
Issue of Options
Zaim Credit Systems plc (the 'Group' or 'Zaim'), the Russian focused fintech group providing financial inclusion for those consumers who are not well served by mainstream lenders, announces that it has today issued 2,000,000 options over Ordinary Shares ("Options") to Non-Executive Director Paul Auger.
The Options are exercisable at a price of 2.7 pence per Ordinary Share, being the closing mid market price on 23 September 2020, vest one year from the date of grant and have a 5 year term.
 
Enquiries:



Zaim Credit Systems Plc








Simon Retter
Siro Cicconi


 
Tel: +44 (0) 73 9377 9849




Alex Boreyko
 


Tel: +7 925 708 98 16
investors@zaimcreditsystemsplc.com




Beaumont Cornish Limited








Roland Cornish / James Biddle


Tel: +44 (0) 20 7628 3396














Optiva Securities Limited








Jeremy King / Vishal Balasingham


Tel: +44 (0) 20 3137 1902



 
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.  
Paul Auger



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Paul Auger




2


Reason for notification




a)


Position / status


Non-Executive Director 
 




b)


Initial notification
/Amendment


Initial 




3


Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Zaim Credit Systems plc
 




b) 


LEI


213800Z4MI9KSZA2VW72




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
Identification code


2,000,000 Options over Ordinary shares of £0.01 each in Zaim Credit Systems plc
ISIN GB00BK5T9G03
 








Nature of the transaction


Issue of Options
 




c)


Price(s) and volumes(s)





Price(s)


Volumes(s)




 2.7 pence


2,000,000








d)


Aggregated information


n/a




e)


Date of the transaction


24 September 2020




f)


Place of the transaction


London Stock Exchange, Standard Segment of the Official List



 
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR"). 
 

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