Nice target !3 Aug 2021 15:10
Further details of the grant of Options
The Options have been granted subject to ambitious share price growth targets, with maximum vesting occurring at a share price of £12.00, which would require the share price more than tripling from £3.55, the price of the Company's recent Placing as announced on 23 July 2021. No Options will vest below a share price of £4.72 (the "Hurdle Price"). At the Hurdle Price, 20% of the Options will vest. Between the Hurdle Price and £12.00, straight line vesting will be applied.