Share Awards and Exercise of Options

RNS Number : 7810D

CentralNic Group PLC

07 March 2022

 

7 March 2022

CentralNic Group plc

("CentralNic" or the "Company")

(AIM: CNIC)

Share Awards and exercise of Options

CentralNic announces that on 7^th March 2022 it has made awards over ordinary shares of 0.001 each ("Ordinary Shares") under the CentralNic Group plc Long Term Incentive Plan and the CentralNic Group plc Share Option Plan (the "LTIP" and "SOP") to Group employees of CentralNic ("Awards"). 

The Awards were granted as nil-cost options under the terms of the LTIP and/or the SOP (as relevant) over a total of 2,107,438 Ordinary Shares. The Awards under the LTIP and SOP vest over a three year period subject to the continued employment of the Award holder.

Exercise of Options

CentralNic further announces the exercise by the following PDMR of share options previously granted by the Company ("Options):

PDMR	Number of Ordinary Shares acquired on exercise of Options	Date of grant of Option
Don Baladasan	293,150	10 March 2020
Don Baladasan	293,150	10 March 2020
Michael Riedl	48,611	1 August 2019
Michael Riedl	53,249	10 March 2020
Michael Riedl	231,050	10 March 2020
Michael Riedl	231,050	10 March 2020

The exercise of options was satisfied by 1,150,260 shares from the CentralNic Employee Benefit Trust.

The table below summarising the total number of Ordinary Shares under options held by the Directors as at the date of this announcement:

Director	Number of Ordinary Share subject to options		Vesting date	Exercise price per Ordinary Share
Ben Crawford	1,316,000		1 September 2016	£0.10
Ben Crawford	850,000		1 September 2016	£0.57
Ben Crawford	2,260,000		16 July 2021	Nil
Ben Crawford		672,146	1 March 2021 - 1 March 2023	Nil
Ben Crawford		1,008,219	1 March 2022 - 1 March 2024	Nil
Ben Crawford		1,008,218	1 March 2023 - 1 March 2025	Nil
Don Baladasan		293,151	1 March 2021 - 1 March 2023	Nil
Don Baladasan		586,302	1 March 2022 - 1 March 2024	Nil
Don Baladasan		879,452	1 March 2023 - 1 March 2025	Nil
Thomas Rickert	88,000		2 September 2016	£0.57
Thomas Rickert	350,000		3 February 2019	£0.40
Tom Pridmore	88,000		2 September 2016	£0.57
Tom Pridmore	350,000		3 February 2019	£0.40
Iain McDonald	350,000		26 October 2018	£0.40
Iain McDonald	500,000		10 March 2023	Nil
Michael Riedl		53,250	1 January 2023	Nil
Michael Riedl		231,050	1 March 2021 - 1 March 2023	Nil
Michael Riedl		462,100	1 March 2022 - 1 March 2024	Nil
Michael Riedl		693,150	1 March 2023 - 1 March 2025	Nil

A total number of 19,694,979 Ordinary Shares are held under options granted to all employees and Directors of the CentralNic group. Out of the options granted, 17,408,705 are covered by shares held by the Company's Employee Benefit Trust.

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	Don Baladasan
2	Reason for the notification
a)	Position/status	Group Managing Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CentralNic Group plc
b)	LEI	213800M4IINBWMXEKV82
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	Ordinary shares of 0.001 GB00BCCW4X83
b)	Nature of the transaction	Exercise of share options
c)	Price(s) and volume(s)	Exercise of share option  Price(s) Volume(s) 0p 0p 293,150 293,150
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	7 March 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Riedl
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CentralNic Group plc
b)	LEI	213800M4IINBWMXEKV82
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	Ordinary shares of 0.001 GB00BCCW4X83
b)	Nature of the transaction	Exercise of share options
c)	Price(s) and volume(s)	Exercise of share option  Price(s) Volume(s) 0p 0p 0p 0p 48,611 53,249 231,050 231,050
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	7 March 2022
f)	Place of the transaction	London Stock Exchange, AIM

For further information:

CentralNic Group Plc Ben Crawford, Chief Executive Officer Don Baladasan, Group Managing Director Michael Riedl, Chief Financial Officer	[phone]
Zeus Capital Limited (NOMAD and Joint Broker) Nick Cowles / Jamie Peel Dominic King / Rupert Woolfenden	[phone] [phone]
Berenberg (Joint Broker) Mark Whitmore, Richard Andrews, Alix Mecklenburg-Solodkoff	[phone]
SEC Newgate (for Media) Bob Huxford / Isabelle Smurfit / Max Richardson	[phone] [e-mail]

 

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