Grant of options

RNS Number : 5309B

Touchstar PLC

03 October 2022

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

3 October 2022

Touchstar plc

("Touchstar", the "Company" or the "Group")

Grant of options

Touchstar plc (AIM:TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sectors, announces that it has granted in aggregate, 211,000 share options over ordinary shares in the capital of the Company ("Options") to an executive Director and certain employees of the Group. The Options are exercisable at 77p per share subject to the achievement of certain performance conditions. The Options have been awarded under the Company's   Long-Term Incentive Plan ("LTIP") as approved by shareholders at the Company's annual general meeting on 23 June 2021.

Mark Hardy, CEO, has been granted 36,000 Options, following which he now holds in aggregate 76,000 Options. Natasha Rourke, PDMR, has been granted 20,000 Options, following which she now holds in aggregate 40,000 Options.

For further information, please contact:

Touchstar plc Ian Martin Mark Hardy	www.touchstarplc.com 0161 874 5050 0161 874 5050
WH Ireland - Nominated Adviser & Broker Corporate Finance - Mike Coe/Sarah Mather	www.whirelandcb.com 020 7220 1666

Information on Touchstar plc can be seen at: www.touchstarplc.com

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Hardy
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Touchstar plc
b)	LEI	213800EO42MM683FGC44
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 5p each G00BD9YDB55
b)	Nature of the transaction	Grant of Option under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s)  77p 36,000
d)	Aggregated information -  Aggregated volume -  Price	36,000 £27,720
e)	Date of the transaction	28 September 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Natasha Rourke
2	Reason for the notification
a)	Position/status	PDMR (Group Financial Controller)
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Touchstar plc
b)	LEI	213800EO42MM683FGC44
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 5p each G00BD9YDB55
b)	Nature of the transaction	Grant of Option under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) 77p 20,000
d)	Aggregated information -  Aggregated volume -  Price	20,000 £14,000
e)	Date of the transaction	28 September 2022
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHMJBPTMTTMMIT