Grant of Warrants

Guild Esports PLC

22 June 2023

 

Press release

22 June 2023

Guild Esports PLC

("Guild Esports", "Guild", or "the Company")

Grant of Warrants

Guild Esports PLC (LSE: GILD; OTCQB: GULDF), a global teams organisation and lifestyle brand, announces that it has granted a total of 50,000,000 warrants to subscribe for new ordinary shares of £0.001 each ("Warrants") to the Company's directors, executive management and senior leadership team to incentivise and reward management and team performance.

The Company has granted 40,000,000 warrants to directors and executive management as follows:

Option holder	Number of Warrants granted	price (p)
Derek Lew	7,500,000	£0.0067
Jasmine Skee	20,000,000	£0.0067
Jocelin Caldwell	5,000,000	£0.0067
Brian Stockbridge	7,500,000	£0.0067

In relation to CEO Jasmine Skee's grant of warrants for five years, one third of the warrants will vest on the first anniversary of engagement, one third on the second anniversary of engagement and the remaining one third on the third anniversary of engagement, subject to Jasmine Skee being engaged by the Company on such vesting dates.

In order to avoid the grant of warrants being considered to impair the independence of the Company's non-executive directors, the warrants granted to the Company's non-executive directors are not subject to any vesting conditions.

The Company has granted the remainder of the warrants totalling 10,000,000 in aggregate to senior management and staff. These warrants are subject to minimum engagement conditions, following which they vest in full.

The following information relating to the transaction by a Director has been filed with the Financial Conduct Authority in accordance with Article 19(1) of UK MAR.

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	Derek Lew Jasmine Skee Jocelin Caldwell Brian Stockbridge
2	Reason for the notification
a)	Position/status	Directors
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Guild Esports PLC
b)	LEI	213800IE96YMHXDJ7H92
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	Warrants to subscribe for Ordinary Shares of £0.001 each  ISIN: GB00BMWVF760
b)	Nature of the transaction	Grant of warrants to subscribe for Ordinary Shares
c)	Price(s) and volume(s)	Name  Price No. of warrants Derek Lew £0.0067 7,500,000 Jasmine Skee £0.0067 20,000,000 Jocelin Caldwell £0.0067 5,000,000 Brian Stockbridge £0.0067 7,500,000
d)	Aggregated information - Aggregated volume - Price	N/A single transaction
e)	Date of the transaction	20 June 2023
f)	Place of the transaction	Outside a trading venue

For further information please contact:

Guild Esports
Jasmine Skee Chief Executive Neil Thapar Investor Relations	via Tancredi [phone] [phone]
Tennyson Securities
Corporate Broker Peter Krens	[phone]
Tancredi Intelligent Communication Media Relations
Helen Humphrey Charlie Hobbs Jasmine Gadhavi [e-mail]	[phone] [phone] [phone]

About Guild Esports:

Guild Esports PLC is a global fan-focused team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of entertainment sector and esports veterans and co-owned by David Beckham. The Company is headquartered in the UK and its shares are listed on the Main Market of the London Stock Exchange (ticker: GILD) and on the OTCQB Venture Market in the United States (ticker: GULDF). Please visit www.guildesports.com for more information.

 

END