25 May 2018 17:18
25 May 2018
ATTRAQT Group plc
("ATTRAQT", the "Group" or the "Company")
Grant of Director Options
ATTRAQT Group plc (AIM: ATQT), a leading provider of online merchandising, onsite search and eCommerce personalisation, announces the award of options (the "Options") over 3,191,058 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") to Luke McKeever, Chief Executive Officer, under the ATTRAQT Group plc Long Term Incentive Plan.
Of the total award, Options over 666,664 Ordinary Shares were granted as an EMI award, with the balance being granted as a non-tax advantaged award. The Options have a ten-year life and vest on the third anniversary of the award, subject to Luke's continued service with ATTRAQT, with an exercise price of 31.5 pence per Ordinary Share.
For further information, please contact:
ATTRAQT Group plc | Tel: 020 3675 7800 |
Luke McKeever, Chief Executive Officer Eric Dodd, Chief Financial Officer | |
Gemma Williams, Head of Marketing and Communications | |
N+1 Singer | Tel: 020 7496 3000 |
Shaun Dobson, Lauren Kettle | |
Alma PR | Tel: 020 3865 9668 |
Rebecca Sanders-Hewett, Susie Hudson, Sam Modlin | |
About ATTRAQT
ATTRAQT provides cloud-based SaaS solutions that maximize the conversion of shoppers into buyers via onsite search, online merchandising and eCommerce personalization for online retailers.
ATTRAQT's customer base is predominantly enterprise to mid-size clients, with clients in the UK, Europe, North America and ANZ. For more information, please visit: www.attraqt.com.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Luke McKeever
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2 | Reason for Notification | |||||
a) | Position/status | Chief Executive Officer
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b) | Initial notification/Amendment | Initial Announcement
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ATTRAQT Group PLC
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b) | LEI | 213800M9C9HBKLLFSU91
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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 1 pence each in ATTRAQT Group PLC
GB00BMJJFZ18
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b) | Nature of the transaction | An Award Agreement pursuant to which the following option awards were granted under the ATTRAQT Group PLC Long Term Incentive Plan:
(i) a tax advantaged Enterprise Management Incentive Award over 666,664 Ordinary Shares of 1 pence each in ATTRAQT Group PLC; and (ii) a non-tax advantaged award over 2,524,394 Ordinary Shares of 1 pence each in ATTRAQT Group PLC.
Each award was granted with an option price of 31.5 pence per share and will ordinarily become exercisable three years from the date of grant, subject to continued service, and once exercisable may be exercised at any point up until the tenth anniversary of the date of grant.
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c) | Price(s) and volume(s) |
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d) | Aggregated information
- Aggregated volume
- Price
| Not applicable - single transaction
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e) | Date of the transaction | 22nd May 2018
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f) | Place of the transaction | Outside a trading venue
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