9 Aug 2021 14:14
09 August 2021
Appreciate Group plc
("Appreciate Group" or the "Company")
Grant of Share Options and PDMR Notification
Appreciate Group plc (AIM:APP), the prepayment, gifting and engagement company behind many of the country's most-loved gifting and reward products, announces that the Company has granted nil-cost options over the ordinary shares of £0.02 each in the Company ("Ordinary Shares") under the rules of the 2021 Appreciate Group Incentive Plan to the following employees each a Person Discharging Managerial Responsibilities.
PDMR | Position | Number of options granted over Ordinary Shares | Percentage of issued share capital under option (rounded) |
Julian Coghlan | Chief Commercial Officer | 183,004 | 0.098% |
Claire Jones | Group HR Director | 125,487 | 0.067% |
Gillian Taylor | Chief Transformation Officer | 93,718 | 0.050% |
The options awarded under the plan relate to the FY21 performance of the Company, and vest 3 years from the date of the award.
The awards were granted as conditional awards and will ordinarily vest on 22 June 2024, subject to the grantee's continued service and the Remuneration Committee's assessment of the extent to which the award's performance conditions are satisfied.
The information set out below is provided in accordance with the requirements of the Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA)
| |||||
a)
| Name
| 1. Julian Coghlan 2. Claire Jones 3. Gillian Taylor | ||||
b)
| Position/status
| 1. Chief Commercial Officer 2. Group HR Director 3. Chief Transformation Officer | ||||
c)
| Is this an Initial notification or Amendment to a previous notification?
|
Initial notification | ||||
2
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Appreciate Group plc | ||||
b)
| LEI
| 213800MQ5U1F8SPHK638 | ||||
3
| 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 £0.02 pence each in Appreciate Group plc
ISIN : GB0006710643
| ||||
b)
| Nature of the transaction
| Grant of a conditional award under the Appreciate Group plc Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (for multiple transactions for the same instrument on same day at same place)
- Aggregated volume
- Price
|
Not applicable - single transactions
| ||||
e)
| Date of the transaction
| 2021-08-06 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
For further information, please contact:
Appreciate Group PLC | Liberum Capital Ltd | MHP Communications |
John (Ian) O'Doherty |
Richard Crawley
| Reg Hoare Katie Hunt Charles Hirst Robert Clark |
Tel: 0151 653 1700 | Tel: 020 3100 2000 | Tel: 020 3128 8193 |