Grant of Options

Glantus Holdings PLC

18 August 2023

 

18 August 2023

Glantus Holdings plc

("Glantus" or the "Company")

 Grant of Options

Glantus (AIM: GLAN), the provider of Accounts Payable ("AP") automation and analytics solutions, announces that it has granted options over its ordinary shares of €0.001 each ("Shares") ("Options") to certain employees under its existing share option plan.

Certain employees have been issued, in aggregate, 1,200,000 Options with an exercise price of £0.0925 per Share, which represents a c.70.6 per cent. discount to the closing middle market price of £0.315 pence a Share on 17 August 2023 (being the dealing day before the grant of the Options). The Options were approved by the Directors, but not granted, on 30 March 2023 at a then premium to the closing middle market share price on 29 March 2023 of £0.068.

Relevant securities in issue

In accordance with Rule 2.12 of the Irish Takeover Rules, the Company confirms that as of 18 August 2023, the Company's issued share capital consists of 51,132,553 Shares, all with voting rights. No Shares were held in treasury at the date of this announcement. The total number of current voting rights in the Company is therefore 51,132,553.

The Company confirms that as at 18 August 2023, it has 3,268,763 Options in issue.*

The International Securities Identification Number for the Shares is IE00BNG2V304.

* 435,123 of these Options have an exercise price above £0.3342 pence

Enquiries:

Glantus Holdings
Maurice Healy, CEO [e-mail]	+ 353 862677800
Shore Capital
Nominated Advisor and Broker Patrick Castle / Tom Knibbs / Lucy Bowden	+ 44 207 408 4090
Yellow Jersey PR
Charles Goodwin Annabelle Wills	[phone]

About Glantus Holdings plc

Glantus Holdings (AIM: GLAN) Glantus is a global provider of accounts payable automation and analytics solutions. Glantus' mission is to harness technology to drive innovation, unlocking efficiencies in AP to maximise working capital for global enterprise organisations. The award-winning Glantus DataShark Platform connects all AP systems and suppliers on one agile platform, eliminating cost and delivering new revenue streams. We work in tandem with our partners to deliver joint enterprise digital transformation solutions. For more information see glantus.com.

Founded in 2014 and headquartered in Dublin, Glantus has offices in the United States, United Kingdom, Poland and Costa Rica.

 

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