Director/PDMR Shareholding

RNS Number : 6417K

Gattaca PLC

06 May 2022

 

6 May 2022

Gattaca plc ("Gattaca" or the "Group")

Director/PDMR Shareholding

On 6 May 2022 (the "Grant Date"), the following conditional share awards over ordinary shares (the "New Awards") in Gattaca were granted to certain of the Company's PDMRs, including the Company's Executive Directors and members of its Senior Leadership Team, under the Matchtech Group Plc 2016 Long Term Incentive Plan (the "LTIP"):

Executive Directors	Title	Number of Shares	Total number of Shares held (2)
Matthew Wragg	Chief Executive Officer	70,000	136,322
Oliver Whittaker	Chief Financial Officer	60,000	99,190

Senior Leadership Team members (1)	Title	Number of Shares	Total number of Shares held (2)
Claire Cross	Chief People Officer	15,000	47,195
John Dunaway	Managing Director of Infrastructure and Energy	15,000	57,000
Paul King	Chief Operating Officer	15,000	56,268
Mark Wilkie	Head of Fulfilment	10,000	34,390

(1) Members of the newly created Senior Leadership Team have recently been categorised as PDMRs of the Company

(2) Being the total conditional share awards held, including existing awards and the New Awards

The LTIP award is a conditional grant of shares, which vest and become exercisable at nil-cost on the third anniversary of the Grant Date, subject to the individual's continued employment with the Group.  Vesting of the LTIP awards are subject to the achievement of earnings per share targets (the "EPS Targets") over the year ended 31 July 2024 and total shareholder performance (the "TSR Targets") over a three-year period; with 50% of the maximum award vesting for threshold performance in the EPS target, and for the TSR target, 25% of the maximum vesting for threshold performance above the medium.

For Executive Directors, additional grant allocations will be issued on a 100% TSR hurdle against the benchmark of AIM for a full three-year period.  For members of the Senior Leadership Team, with the exception of Claire Cross, 100% of the additional grant allocation is subject to the achievement of EPS Targets.  For Claire Cross, 90% of the award is subject to the achievement of EPS Targets and 10% subject to the achievement of TSR targets.  TSR targets will be measured against the Company's average share price from 1 January 2022 to 31 March 2022.

For further information please contact:

Gattaca plc	[phone]
Matthew Wragg, Chief Executive Officer Oliver Whittaker, Chief Financial Officer
Liberum Capital Limited (Nomad and Broker)	[phone]
Lauren Kettle Robert Morton
Citigate Dewe Rogerson
Jos Bieneman Lucy Eyles	[phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matthew Wragg
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gattaca plc
b)	LEI	213800LM81ZQ9V9G6866
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 1 penny each
	Identification code	GB00B1FMDQ43
b)	Nature of the transaction	Grant of conditional share awards
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	70,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	06 May 2022
f)	Place of the transaction	Off-market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Oliver Whittaker
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gattaca plc
b)	LEI	213800LM81ZQ9V9G6866
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 1 penny each
	Identification code	GB00B1FMDQ43
b)	Nature of the transaction	Grant of conditional share awards
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	60,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	06 May 2022
f)	Place of the transaction	Off-market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Claire Cross
2	Reason for the notification
a)	Position/status	Chief People Officer
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gattaca plc
b)	LEI	213800LM81ZQ9V9G6866
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 1 penny each
	Identification code	GB00B1FMDQ43
b)	Nature of the transaction	Grant of conditional share awards
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	15,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	06 May 2022
f)	Place of the transaction	Off-market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Dunaway
2	Reason for the notification
a)	Position/status	Managing Director of Infrastructure and Energy
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gattaca plc
b)	LEI	213800LM81ZQ9V9G6866
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 1 penny each
	Identification code	GB00B1FMDQ43
b)	Nature of the transaction	Grant of conditional share awards
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	15,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	06 May 2022
f)	Place of the transaction	Off-market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul King
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gattaca plc
b)	LEI	213800LM81ZQ9V9G6866
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 1 penny each
	Identification code	GB00B1FMDQ43
b)	Nature of the transaction	Grant of conditional share awards
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	15,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	06 May 2022
f)	Place of the transaction	Off-market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Wilkie
2	Reason for the notification
a)	Position/status	Head of Fulfilment
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gattaca plc
b)	LEI	213800LM81ZQ9V9G6866
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 1 penny each
	Identification code	GB00B1FMDQ43
b)	Nature of the transaction	Grant of conditional share awards
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	10,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	06 May 2022
f)	Place of the transaction	Off-market transaction

 

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