Grant of Options and dealings by PDMRs

RNS Number : 6405G

Draper Esprit PLC

27 July 2021

 

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

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

Draper Esprit PLC (LSE: GROW, Euronext Dublin: GRW) , a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that a one off grant of options (the "Options") over a total of 3,044 ordinary shares with a nominal value of 1p each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company's new CSOP ("CSOP"), as set out below.

The Options awarded under the CSOP have a nominal value exercise of 1p price and will vest on the first anniversary of grant.  A summary of the Options and the CSOP are set out in the Company's prospectus published on 19 July 2021, a copy of which is available at www.draperesprit.com .

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
Stuart Chapman	1,522	985,559	1,046,306
Ben Wilkinson	1,522	510,577	12,225

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	Stuart Chapman
2	Reason for the notification
a)	Position / status	Chief Portfolio Officer
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)	1,522 options with an exercise price of one pence
d)	Aggregated information -  Aggregated volume -  Price	n/a
e)	Date of the transaction	26 July 2021
f)	Place of the transaction	Outside a trading venue

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)	1,522 options with an exercise price of one pence
d)	Aggregated information -  Aggregated volume -  Price	n/a
e)	Date of the transaction	26 July 2021
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

Draper Esprit plc Martin Davis (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer)	[phone]
Numis Securities Joint Financial Adviser and Corporate Broker Simon Willis Richard Thomas Jamie Loughborough	[phone]
Goodbody Stockbrokers Joint Financial Adviser and Corporate Broker, Euronext Dublin Sponsor Don Harrington Charlotte Craigie Linda Clarke	[phone]
Powerscourt Public relations Elly Williamson Jane Glover	[phone] / [phone]

 

END

 

 

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