Last checked at 24 Apr 2023 17:13
Aptitude Software Group plc (the "Company")
Exercise of awards under the Aptitude 2020 Deferred Bonus Plan ("DBP")
The Company announces that the Deferred Bonus Shares awarded to the Executive Directors on 19 March 2021 (as part of the annual bonuses for the year ended 31 December 2020) vested on 21 March 2023 under the terms of the Company's DBP. The Deferred Bonus Shares were nil cost options subject to a two-year holding period, and included an entitlement to receive dividend equivalent shares during the holding period.
On 21 April 2023 the Executive Directors exercised the following Deferred Bonus Shares:
Director and role | Deferred Bonus Share awards exercised | Dividend equivalent shares exercised | Total number of awards exercised | Shares sold to cover tax liabilities and brokerage costs | Shares retained |
Jeremy Suddards - Chief Executive Officer | 1,899 | 56 | 1,955 | 924 | 1031 |
Philip Wood - Deputy Chief Executive Officer | 1,861 | 55 | 1,916 | 905 | 1011 |
The issue of ordinary shares resulting from the exercise of these awards was satisfied through the transfer of shares from the Company's Employee Benefit Trust.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
a) | Name | Jeremy Suddards | ||||||
2. | Reason for the notification
| |||||||
a) | Position / status | Chief Executive Officer | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the issuer | |||||||
a) | Name | Aptitude Software Group plc | ||||||
b) | LEI | 2138009VHA1WI2VKMA28 | ||||||
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 | Ordinary shares of 7 1/3 pence each | ||||||
b) | Identification code | ISIN: GB00BJV2F804 | ||||||
c) | Nature of the transaction | 1) Exercise of options under the Aptitude 2020 Deferred Bonus Plan, including dividend equivalent shares 2) Partial sale of shares in connection with exercise of options under the Aptitude 2020 Deferred Bonus Plan 3)
4) 5) 6) | ||||||
d) | Price(s) and volume(s) |
| ||||||
e) | Aggregated information - Volume - Price | N/A | ||||||
f) | Date of the transaction | 21 April 2023 | ||||||
g) | Place of the transaction | 1) Outside a trading venue 2) London Stock Exchange (XLON) | ||||||
Name of authorised official of issuer responsible for making notification | Georgina Sharley, Company Secretary, Aptitude Software Group plc | |||||||
1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
a) | Name | Philip Wood | ||||||
2. | Reason for the notification
| |||||||
a) | Position / status | Deputy Chief Executive Officer | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the issuer | |||||||
a) | Name | Aptitude Software Group plc | ||||||
b) | LEI | 2138009VHA1WI2VKMA28 | ||||||
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 | Ordinary shares of 7 1/3 pence each | ||||||
b) | Identification code | ISIN: GB00BJV2F804 | ||||||
c) | Nature of the transaction | 1) Exercise of options under the Aptitude 2020 Deferred Bonus Plan, including dividend equivalent shares 2) Partial sale of shares in connection with exercise of options under the Aptitude 2020 Deferred Bonus Plan 3)
4) 5) 6) | ||||||
d) | Price(s) and volume(s) |
| ||||||
e) | Aggregated information - Volume - Price | N/A | ||||||
f) | Date of the transaction | 21 April 2023 | ||||||
g) | Place of the transaction | 1) Outside a trading venue 2) London Stock Exchange (XLON) | ||||||
Name of authorised official of issuer responsible for making notification | Georgina Sharley, Company Secretary, Aptitude Software Group plc | |||||||
Enquiries:
Georgina Sharley
Company Secretary, Aptitude Software Group plc
Telephone: +44 (0)20 3687 3200