Director/PDMR Shareholding

RNS Number : 8116P

Checkit PLC

22 February 2021

 

Checkit plc

("Checkit" or the "Group")

Grant of options and PDMR dealings

Checkit plc (AIM:CKT) announces that, on 19 February 2021, it granted options over ordinary shares of 5 pence each ("Ordinary Shares") to certain PDMRs to subscribe for, in aggregate, up to 455,000 Ordinary Shares under the Group's EMI and US Options Schemes (the "Options").

Options granted under both the EMI Options Scheme and US Options Scheme are exercisable after a three-year holding period and there are no performance conditions. Options granted under these schemes expire on the tenth anniversary of the date of grant.

Following the above award of the Options, the total options outstanding are as follows:

Date of award	Exercise price	Number of options	Earliest exercise date	% of issued share capital
July 2020	40.5p	2,645,000	July 2023	4.24%
February 2021	55.5p	1,585,000	February 2024	2.54%
February 2021	55.0p	455,000	February 2024	0.73%
TOTAL		4,685,000		7.50%

Director/PDMR Dealings

Included within the above, the Options granted to certain Directors and PDMRs of the Group are as follows:

Director / PDMR	Number of new Options granted
Kit Kyte, Chief Commercial Officer	227,500
Stephen Peck, US Managing Director	227,500

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

Checkit plc	[phone]
www.checkit.net
Keith Daley (Executive Chairman)
Michelle Ho (Company Secretary)
N+1 Singer (Nominated Adviser & Broker)	[phone]
Shaun Dobson / George Tzimas (Corporate Finance)
Rachel Hayes (Corporate Broking)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kit Kyte
2	Reason for the notification
a)	Position/status	Chief Commercial Officer (PDMR)
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Checkit plc
b)	LEI	213800556WJOWQNT2R68
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 5 pence each
	Identification code	ISIN: GB00B0C5RG72
b)	Nature of the transaction	Grant of options over Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exercisable at 55.0 pence per Ordinary Share	227,500
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	19 February 2021
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Peck
2	Reason for the notification
a)	Position/status	US Managing Director (PDMR)
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Checkit plc
b)	LEI	213800556WJOWQNT2R68
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 5 pence each
	Identification code	ISIN: GB00B0C5RG72
b)	Nature of the transaction	Grant of options over Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exercisable at 55.0 pence per Ordinary Share	227,500
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	19 February 2021
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHKZGZZRMFGMZM