Exercise Of Options

RNS Number : 2225G

Crimson Tide PLC

02 November 2018

 

CRIMSON TIDE PLC

 ("Crimson Tide" or "the Company")

Exercise of Options

Crimson Tide announces that two senior employees have exercised options over 3,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company's EMI Share Option Scheme.

The new Ordinary Shares issued pursuant to the exercise of options will rank pari passu with the existing Crimson Tide Ordinary Shares. Application has been made for the 3,000,000 shares to be admitted to AIM and admission is expected to take place on or around 8th November 2017.

The total number of shares in issue following the issue of these shares will be 457,486,234. Crimson Tide has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Crimson Tide plc

Barrie Whipp                           01892 542 444

Luke Jeffrey

Arden Partners                        020 7614 5900

Steve Douglas                                               

Dan Gee-Summons

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	Laurence D'Arcy
2	Reason for the notification
a)	Position/status	International Strategic Director, Crimson Tide IE Ltd.
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Crimson Tide plc
b)	LEI	N/A
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	Ordinary shares of 0.1p each GB0002080082
b)	Nature of the transaction	Exercise of share options
c)	Price(s) and volume(s)	Price(s) Volume(s)  1p 2,000,000
d)	Aggregated information -     Aggregated volume -     Price	2,000,000 1p
e)	Date of the transaction	02 November 2018
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Timothy Price
2	Reason for the notification
a)	Position/status	Head of CRM and Analytics, Crimson Tide Mpro Ltd.
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Crimson Tide plc
b)	LEI	N/A
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	Ordinary shares of 0.1p each GB0002080082
b)	Nature of the transaction	Exercise of share options
c)	Price(s) and volume(s)	Price(s) Volume(s)  1p 1,000,000
d)	Aggregated information -     Aggregated volume -     Price	1,000,000 1p
e)	Date of the transaction	02 November 2018
f)	Place of the transaction	London Stock Exchange, AIM

 

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