Issue of EMI Options and Issue of Equity

Oberon Investments Group PLC

31 May 2023

 

Oberon Investments Group PLC

("Oberon Investments" or the "Company")

Issue of EMI Options and Issue of Equity

Oberon Investments Group plc announces the grant on 30 May 2023 of options over 11,739,726 Ordinary shares of 0.5p each in Oberon Investments Group plc (the 'Options') to certain of its directors, PDMRs, and other members of staff. All of these options have an exercise price equal to the market value at the time the options were granted of 3.65p.

Included in the above total were options over 4,246,577 Ordinary shares which were granted to two Directors and four PDMRs under the Company's EMI Option scheme, as set out below.

	Status	Exercise price (p)	Shares under EMI option scheme newly granted.	Total shares under EMI option scheme held by recipient after this grant	Current shareholding in Company
John Beaumont	Director	3.65	684,932	1,733,660	1,144,975
Galin Ganchev	PDMR	3.65	684,932	684,932	0
Simon Like	PDMR	3.65	273,973	14,872,701	20,415,000
Simon Mathisen	Director	3.65	684,932	1,733,660	120,168
Mike Seabrook	PDMR	3.65	547,945	2,136,928	1,253,375
Jeremy Taylor-Firth	PDMR	3.65	1,369,863	4,314,778	0
Total			4,246,577	25,476,659	22,933,518

Following these option grants, the Company has 73,827,243 shares under option. This represents, following the increase in shares mentioned below, 13.9% of the share capital of the Company.

The Company has also approved the issue of 1,888,057 new Ordinary shares of 0.5p for payment of various fees, at an average price of 3.68p per share (for a total value of £69,500). None of these shares are being issued to directors or PDMRs. These shares are expected to be admitted to trading on AQSE on 2 June 2023.

Following the issue of these shares the Company will have 534,994,840 Ordinary shares in issue. No Ordinary Shares are held in treasury.

The above figure for total number of ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 

The Directors of the Company take responsibility for this announcement.

Oberon Investments Group Plc Simon McGivern / John Beaumont	Via Novum
AQSE Corporate Adviser
Novum Securities Limited
Richard Potts / George Duxberry	020 7399 940
Notification and public disclosure of transaction by person discharging managerial responsibilities

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name		1)   John Beaumont 2)   Galin Ganchev 3)   Simon Like 4)   Simon Mathisen 5)   Mike Seabrook 6)   Jeremy Taylor-Firth
2	Reason for notification
a.	Position/Status		1)   Group FD 2)   PDMR 3)   PDMR 4)   Director 5)   PDMR 6)   PDMR
b.	Initial notification/ Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name		Oberon Investments Group plc
b.	LEI		21380024SB7KJSJ69U67
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 0.5p each ISIN Code: GB00BDZRYX75
b.	Nature of the transaction		Grant of Options
c.	Price(s) and volume(s)		Price Volume 1)   3.65p 684,932 2)   3.65p 684,932 3)   3.65p 273,973 4)   3.65p 684,932 5)   3.65p 547,945 6)   3.65p 1,369,863
d.	Aggregated information - Aggregated Volume - Price		4,246,577 shares @ 3.65p
e.	Date of the transaction		30 May 2023
f.	Place of the transaction		Outside of a trading venue

 

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