Grant of Options under Long Term Incentive Plan

EnSilica PLC

30 April 2024

 

30 April 2024

EnSilica plc

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

Grant of Options under Long Term Incentive Plan

EnSilica plc announces that on 29 April 2024, the Company awarded 30,000 share options under the EnSilica plc Long Term Incentive Plan 2022 to two of its executive directors, as set out in the table below. The award is over ordinary shares of £0.001 in the Company ("Ordinary Shares") in the form of options to acquire Ordinary Shares at their nominal value ("LTIP Awards").

Executive Director	Role	Number of Options	Exercise price
Mark Hodgkins	Executive Chairman	15,000	£0.001
Ian Lankshear	Chief Executive Officer	15,000	£0.001

The LTIP Awards will vest on the third anniversary of grant subject to meeting earnings per share performance criteria for the three year period ending 31 May 2026.

For further information, please contact:

EnSilica plc Ian Lankshear, Chief Executive Officer www.ensilica.com	Via Vigo Consulting [phone]
Allenby Capital Limited, Nominated Adviser & Joint Broker Jeremy Porter / Vivek Bhardwaj (Corporate Finance) Joscelin Pinnington / Tony Quirke (Sales & Corporate Broking)	[phone] [e-mail]
Singer Capital Markets, Joint Broker Rick Thompson / Asha Chotai	[phone]
Vigo Consulting (Investor & Financial Public Relations) Jeremy Garcia / Kendall Hill	[phone] [e-mail]

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details. 

1	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Mark Hodgkins
2	Reason for the notification
(a)	Position/status	Executive Chairman
(b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	EnSilica plc
(b)	LEI	213800R6VXRU7MJTAF04
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	Options over ordinary shares of £0.001 each in EnSilica plc Identification code (ISIN) for EnSilica plc ordinary shares: GB00BN7F1618
(b)	Nature of the transaction	Grant of options pursuant to EnSilica plc Long Term Incentive Plan 2022
(c)	Price(s) and volume(s)	Prices(s)  Volume(s) Nil             15,000
(d)	Aggregated information -         Aggregated volume -         Price	N/A
(e)	Date of the transaction	29 April 2024
(f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Ian Lankshear
2	Reason for the notification
(a)	Position/status	Chief Executive Officer
(b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	EnSilica plc
(b)	LEI	213800R6VXRU7MJTAF04
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	Options over ordinary shares of £0.001 each in EnSilica plc Identification code (ISIN) for EnSilica plc ordinary shares: GB00BN7F1618
(b)	Nature of the transaction	Grant of options pursuant to EnSilica plc Long Term Incentive Plan 2022
(c)	Price(s) and volume(s)	Prices(s)  Volume(s) Nil             15,000
(d)	Aggregated information -         Aggregated volume -         Price	N/A
(e)	Date of the transaction	29 April 2024
(f)	Place of the transaction	Outside a trading venue

 

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