Grant of Options

RNS Number : 2465K

Veltyco Group PLC

05 July 2017

 

5 July 2017

Veltyco Group PLC

("Veltyco" or "the Company")

Grant of Options

Veltyco Group plc (AIM: VLTY), the online marketing company for the gaming industry, announces that on 5 July 2017 options over 300,000 ordinary shares of zero par value (Ordinary Shares") were granted under the Company's Long Term Incentive Plan May 2016 (as amended) to each of David Mathewson, Marcel Noordeloos, Hans Dahlgren and Mark Rosman with an exercise price of 65p per share, being the closing bid price of the Ordinary Shares the day before the grant. The 1,200,000 options vest in equal instalments over 4 years following the expiry of one year from the date of grant. Any unexercised options lapse on the fifth anniversary of the date of grant.

This announcement contains inside information.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1	Details  of  the  persons   discharging  managerial   responsibilities
a)	Name	1.    David Mathewson 2.    Mark Rosman 3.    Marcel Noordeloos 4.    Hans Dahlgren
2	Reason for the notification
a)	Position/status	1.    Chairman 2.    Director 3.    CFO 4.    CTO
b)	Initial notification /Amendment	Initial notification
3	Details  of  the  issuer
a)	Name	Veltyco Group plc
b)	LEI	2138007KWLZHV5I1A979
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 no par value
	Identification code	ISIN for Ordinary Shares: IM00BYT32K14
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Option Price(s) Volume(s) 65p 1.    300,000 2.    300,000 3.    300,000 4.    300,000
d)	Aggregated information - Aggregated volume  - Price	-     Options over 1,200,000 shares -     65p per share (exercise price)
e)	Date of the transaction	5 July 2017
f)	Place of the transaction	Outside a trading venue. Shares issued on exercise of options to be admitted to trading on AIM, London Stock Exchange

For further information please contact:

Veltyco	[phone]
David Mathewson, Chairman     Marcel Noordeloos, CFO
Northland Capital Partners Limited	[phone]
Tom Price Edward Hutton Margarita Mitropoulou
IFC Advisory (Financial PR)	[phone]
Graham Herring Tim Metcalfe Miles Nolan

About Veltyco

Veltyco is a group of companies primarily focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry.  Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.

Website: www.veltyco.com

 

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