20 Dec 2017 07:00
20 December 2017
ATTRAQT Group plc
("ATTRAQT", the "Group" or the "Company")
Grant of Director Options
On 15 December 2017 the following awards of options over ordinary shares of 1 penny each in the capital of ATTRAQT Group plc were granted under the Company's long term incentive plan to the following directors (the "Director Options"):
Director | No. of shares under Award |
André Brown (Chief Executive Officer) | 746,265 (granted as an EMI award) |
317,420 (granted as a non-tax advantaged award) | |
Eric Dodd (Chief Financial Officer) | 746,265 (granted as an EMI award) |
317,420 (granted as a non-tax advantaged award) |
The awards were granted pursuant to separate Award Agreements entered into between ATTRAQT Group PLC and each of the directors, with each granting two awards to the respective director. One award granted to each director was granted as a tax advantaged Enterprise Management Incentive ("EMI") award, and was granted over shares which have a market value on the grant date of £249,999 (being the maximum value over which tax advantaged EMI awards may be granted under the applicable legislation). A further non-tax advantaged award was granted to each director over the balance of the shares which are not comprised within such director's EMI award.
The Director Options become exercisable on the third anniversary of the date of grant, subject to the respective director's continued service with the Group, and will remain exercisable at any point until the tenth anniversary of the grant at a price of 35 pence per ordinary share.
For further information, please contact:
ATTRAQT Group plc | via Alma PR |
André Brown, Group CEO Eric Dodd, CFO | |
Gemma Williams (née Owen-Smith), 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 | |
About ATTRAQT
ATTRAQT Group plc specialises in onsite search, online merchandising and eCommerce personalisation with two product offerings: Freestyle Merchandising and Fredhopper. The Group's customer base is made up of over 230 client logos ranging from SMEs to global, blue-chip businesses. ATTRAQT has a strong base in the UK and western Europe, with a presence in North America, eastern Europe and ANZ. For more information, please visit: www.attraqt.com.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | André Brown
| ||||
2 | Reason for Notification
| |||||
a) | Position/status
| Chief Executive Officer | ||||
b) | Initial notification/Amendment
| Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name
| ATTRAQT Group PLC | ||||
b) | LEI
| 213800M9C9HBKLLFSU91 | ||||
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
GB00BMJJFZ18
| ||||
b) | Nature of the transaction | Grant of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| Not applicable - single transaction | ||||
e) | Date of the transaction
| 15 December 2017 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Eric Dodd
| ||||
2 | Reason for Notification
| |||||
a) | Position/status
| Chief Financial Officer | ||||
b) | Initial notification/Amendment
| Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name
| ATTRAQT Group PLC | ||||
b) | LEI
| 213800M9C9HBKLLFSU91 | ||||
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
GB00BMJJFZ18
| ||||
b) | Nature of the transaction | Grant of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| Not applicable - single transaction | ||||
e) | Date of the transaction
| 15 December 2017 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||