Grant of Options

ActiveOps PLC

03 April 2024

 

3 April 2024 

ActiveOps plc 

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

Grant of Options

ActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence for service operations, announces that on 31 March 2024 it granted 581,000 options over ordinary shares of 0.1 pence each ("Options") to certain Group directors/persons discharging managerial responsibility (PDMRs) and senior employees, under the Group's Performance Share Plan ("PSP").

The Options include an initial award to Emma Salthouse, Chief Financial Officer and James Bawa, Group Managing Director, as below.

Director / PDMR	No. of Options
Emma Salthouse, CFO	175,000
James Bawa, Group Managing Director (PDMR)	250,000

The Options will vest on the third anniversary of the grant, at an exercise price of 0.1 pence per share, should the individual to whom the grant was made remain in employment with the Group on that date.

The notifications below are made in accordance with the requirements of the UK Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.     Emma Salthouse 2.     James Bawa
2	Reason for the notification
a)	Position/status	1.     Chief Financial Officer 2.     Group Managing Director
b)	Initial notification /Amendment	Initial Notification.
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ActiveOps plc
b)	LEI	213800RHBFOK6YNI3B30
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 0.1 pence each
	Identification code	ISIN Code: GB00BLH37Y17
b)	Nature of the transaction	Grant of options over ordinary shares of 0.1 pence each
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.           0.1p	1.      175,000
			2.           0.1p	2.      250,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	31 March 2024
f)	Place of the transaction	Outside a trading venue

For more information, please contact:

ActiveOps	Via Alma
Richard Jeffery, Chief Executive Officer	www.activeops.com
Emma Salthouse, Chief Financial Officer
Investec Bank plc	[phone]
Corporate Broking & PLC Advisory
Patrick Robb / Nick Prowting
Alma Strategic Communications	+ 44(0) 203 405 0205
Caroline Forde / Will Ellis Hancock

About ActiveOps

The Company's offerings provide predictive and prescriptive insight to help service operations make better decisions - faster.  The Company's AI-powered SaaS solutions are underpinned by 15+ years of operational data and its AOM methodology that's proven to drive cross department decision-making. 

With Decision Intelligence, ActiveOps' customers deliver MORE - release 20%+ capacity within the first 12 months and boost productivity by 30%+ leading to MORE business impact. Customer turnaround times are improved substantially, costs are reduced, SLAs are met, and employees are happier and more engaged.

The Company has over 170 employees, serving a global customer base of over 80 enterprise customers from offices in the UK, Ireland, USA, Canada, Australia, India and South Africa. The Group's customers are predominantly in the banking, insurance, healthcare administration and business process outsourcing (BPO) sectors, including Nationwide, TD Bank, Elevance and DXC Technology.

 

END