Issue of Options

RNS Number : 5130G

ZAIM Credit Systems PLC

26 November 2020

 

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction

For Immediate Release

26 November 2020

Zaim Credit Systems Plc

("Zaim" or the "Group")

Issue of Options

Zaim Credit Systems plc (the 'Group' or 'Zaim'), the Russian focused fintech group providing financial inclusion for those consumers who are not well served by mainstream lenders, announces that it has today issued 1,000,000 options over Ordinary Shares ("Options") to an employee of the Group.

The Options are exercisable at a price of 2.7 pence per Ordinary Share, vest equally one year and two years from the date of grant, are fully transferable and have a 5 year term. This brings the total warrants and options in issue to 43,650,000 representing 9.9% of the Company's issued share capital.

Enquiries:

Zaim Credit Systems Plc
Simon Retter Siro Cicconi	Tel: [phone]
Alex Boreyko	Tel: [phone] [e-mail]
Beaumont Cornish Limited
Roland Cornish / James Biddle	Tel: [phone]
Optiva Securities Limited
Jeremy King / Vishal Balasingham	Tel: [phone]

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR"). 

 

END

 

 

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