Grant of options under Sharesave Scheme

Bytes Technology Group PLC

23 June 2023

 

23 June 2023

Bytes Technology Group plc
('the Company')

Grant of options under Sharesave Scheme

On 22 June 2023, the Company granted options over a total of 337,890 ordinary shares of £0.01 each ('the Options') under the Bytes Technology Group Sharesave Scheme ('the Scheme'). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of £3.92 per ordinary share from 1 August 2026 in accordance with the rules of the Scheme.

The total grant of options under the Scheme in 2023, 2022 and 2021 (the previous two grants exercisable at a price of £3.72 per ordinary share from 1 August 2025 and £4.00 per ordinary share from 1 August 2024, respectively) represents 0.62% of the Company's existing share capital.

Enquiries        

WK Groenewald Group Company Secretary Bytes Technology Group plc

Tel: [phone]

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

 

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