Award of Share Options to Director

RNS Number : 5013D

Pelatro PLC

31 January 2018

 

31 January 2018

Pelatro Plc

("Pelatro" or the "Company")

Award of Share Options to Director

Pelatro Plc (AIM: PTRO), the global precision marketing software specialist, announces that the Board has issued options over an aggregate of 24,000 ordinary shares of 2.5 pence each in the Company ("Share Options"), on the recommendation of the Company's Remuneration Committee, as detailed below. The Share Options have been awarded to Richard Day, Chairman of the Company, and they will vest and may be exercised on or after 19 January 2019 at an exercise price of 62.5p per share.

Following the grant of the Share Options, Richard Day is interested in 19,457 Pelatro ordinary shares, representing 0.08 per cent. of the Company's issued share capital and options over a further 24,000 ordinary shares, representing 0.10 per cent. of the Company's current issued share capital. 

Enquiries:

Pelatro Plc Subash Menon, Managing Director Nic Hellyer, Finance Director	C/O IFC
finnCap Limited (Nominated Adviser and Broker) Adrian Hargrave/Giles Rolls/Kate Bannatyne (Corporate Finance) Stephen Norcross / Sultan Awan (Corporate Broking)	[phone]
IFC Advisory Limited (Financial PR & IR) Tim Metcalfe / Graham Herring / Miles Nolan	[phone]

Notes to Editors

Pelatro provides precision marketing software for use by its customers in B2C applications, with a current focus on providing multi channel campaign management software to Telcos that provides a contextualised, relevant and personalised solution for end users.

Pelatro's precision marketing solution, mViva, uses Big Data analytics to study growing end user data to reveal patterns, trends, associations and key behavioural traits.  mViva then applies algorithms to analyse this data and to identify patterns for each end user. Based on this analysis, relevant offers (which can include additional services or customised campaigns) are made to end users through a variety of channels like SMS, email and apps. mViva allows customers to generate smaller relevant segments of end users, which can be as small as one end user. By using mViva's targeted approach, Pelatro's customers have experienced an increase of up to 5 per cent. of annual incremental revenue per end user through the upselling of products.

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	Richard Day
2.	Reason for the Notification
a)	Position/status	Chairman
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pelatro plc
b)	LEI	213800U45T7TEZX38V60
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 2.5p
	Identification code	GB00BYXH8F66
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 24,000
d)	Aggregated information: ·      Aggregated volume ·      Price	See above
e)	Date of the transaction	31 January 2018
f)	Place of the transaction	UK

 

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