Grant of Options and dealings by PDMRs

RNS Number : 8838X

Draper Esprit PLC

29 November 2017

 

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")

Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that options (the "Options") over a total of 644,318 ordinary shares with a nominal value of 1 pence each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company Share Option Plan ("CSOP"), as set out below. The Options have an exercise price of 387p and a vesting period of 3 years.

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

PDMR	Options awarded	Total Options	Ordinary Shares
Simon Cook	234,835	469,670	2,119,306
Stuart Chapman	234,835	469,670	2,119,306
Ben Wilkinson	174,648	349,296	2,479

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.

ANNEX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Cook
2	Reason for the notification
a)	Position / status	CEO
b)	Initial notification / amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Draper Esprit PLC
b)	LEI	213800IPCR3SAYJWSW10
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of financial instrument, type of instrument	Options in respect of the CSOP over ordinary shares of 1p each
	Identification Code	GB00BY7QYJ50
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	234,835 options with an exercise price of 387 pence
d)	Aggregated information -      Aggregated volume -      Price	n/a
e)	Date of the transaction	28 November 2017
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Chapman
2	Reason for the notification
a)	Position / status	COO
b)	Initial notification / amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Draper Esprit PLC
b)	LEI	213800IPCR3SAYJWSW10
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of financial instrument, type of instrument	Options in respect of the CSOP over ordinary shares of 1p each
	Identification Code	GB00BY7QYJ50
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	234,835 options with an exercise price of 387 pence
d)	Aggregated information -      Aggregated volume -      Price	n/a
e)	Date of the transaction	28 November 2017
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ben Wilkinson
2	Reason for the notification
a)	Position / status	CFO
b)	Initial notification / amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Draper Esprit PLC
b)	LEI	213800IPCR3SAYJWSW10
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of financial instrument, type of instrument	Options in respect of the CSOP over ordinary shares of 1p each
	Identification Code	GB00BY7QYJ50
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	174,648 options with an exercise price of 387 pence
d)	Aggregated information -      Aggregated volume -      Price	n/a
e)	Date of the transaction	28 November 2017
f)	Place of the transaction	London

For further information, please contact:

Draper Esprit plc Simon Cook (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer)	[phone]
Numis Securities Nominated Adviser & Joint Broker Alex Ham Richard Thomas Jamie Loughborough Harry Trueman	[phone]
Goodbody Stockbrokers ESM Adviser & Joint Broker Don Harrington Linda Hickey Charlotte Craigie Richard Tunney	[phone]
Belvedere Communications (PR) John West Kim van Beeck	[phone]

 

END

 

 

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