Grant of Options / PDMR dealing

RNS Number : 5754E

Sopheon PLC

12 February 2018

 

SOPHEON PLC

("Sopheon" or "the Company")

Grant of Options / PDMR dealing

Sopheon announces that the Company has granted options over 65,000 ordinary shares of 20 pence each in the share capital of the Company ("Options") to certain directors. These grants are part of a wider grant of 148,778 Options to certain key executives and departmental managers of the Company.

The Options granted will vest over 3 years, and are exercisable up to 10 years from the date of grant. The exercise price of the Options is 565 pence per share, being the mid-market closing price on AIM on Friday 9 February 2018.

Andrew Michuda has been granted 50,000 Options, and Arif Karimjee has been granted 15,000 Options. Following this grant, Andrew Michuda has 290,000 Options in total, and Arif Karimjee has 90,000.

For further information contact: 

Barry Mence, Chairman Arif Karimjee, CFO	Sopheon plc	+ 44 (0) 1276 919 560
Carl Holmes / Giles Rolls (corporate finance) Mia Gardener (corporate broking)	finnCap Ltd	+ 44 (0) 20 7220 0500

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange.  For more information, please visit www.sopheon.com

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	Arif Karimjee
2.	Reason for the Notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sopheon plc
b)	LEI	213800TA9E6UG2WWG646
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	Options over ordinary shares of 20p
	Identification code	GB00BSZM1369
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price 565 pence per share 15,000
d)	Aggregated information: ·      Aggregated volume ·      Price	Grant of 15,000 options over ordinary shares of 20p pence at an exercise price of 565 pence
e)	Date of the transaction	11 February 2018
f)	Place of the transaction	Outside of trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

5.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Michuda
6.	Reason for the Notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial notification
7.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sopheon plc
b)	LEI	213800TA9E6UG2WWG646
8.	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	Options over ordinary shares of 20p
	Identification code	GB00BSZM1369
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise Price 565 pence per share 50,000
d)	Aggregated information: ·      Aggregated volume ·      Price	Grant of 50,000 options over ordinary shares of 20p pence at an exercise price of 565 pence
e)	Date of the transaction	11 February 2018
f)	Place of the transaction	Outside of trading venue

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

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