Issue of Options

RNS Number : 0412A

ZAIM Credit Systems PLC

24 September 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

24 September 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 2,000,000 options over Ordinary Shares ("Options") to Non-Executive Director Paul Auger.

The Options are exercisable at a price of 2.7 pence per Ordinary Share, being the closing mid market price on 23 September 2020, vest one year from the date of grant and have a 5 year term.

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]

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above. 

Paul Auger

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Paul Auger
2	Reason for notification
a)	Position / status	Non-Executive Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer,  emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Zaim Credit Systems plc
b)	LEI	213800Z4MI9KSZA2VW72
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Descriptionof the financial instrument, type ofinstrument I d e ntification code	2,000,000 Options over Ordinary shares of £0.01 each in Zaim Credit Systems plc ISIN GB00BK5T9G03
	Nature of the transaction	Issue of Options
c)	Price(s) and volumes(s)	Price(s) Volumes(s)  2.7 pence 2,000,000
d)	Aggregated information	n/a
e)	Date of the transaction	24 September 2020
f)	Place of the transaction	London Stock Exchange, Standard Segment of the Official List

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

 

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