29 May 2019 07:00
29 May 2019
Attraqt Group plc
("Attraqt", the "Group" or the "Company")
Grant of Director Options
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
Attraqt Group plc (AIM: ATQT), the provider of SaaS solutions that power exceptional online shopping experiences, announces the award of options (the "Options") over 1,063,686 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.
The award was 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 27 pence per Ordinary Share.
For further enquiries please contact:
Attraqt Group plc | Via Alma PR |
Luke McKeever, CEO |
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Eric Dodd, CFO |
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Canaccord Genuity (Nominated Adviser, Financial Adviser and Sole Bookrunner) | +44 (0)20 7523 8000 |
Simon Bridges |
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Adam James |
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Alma PR | +44 (0)20 3405 0205 |
Rebecca Sanders-Hewett | ATQT@almapr.co.uk |
Susie Hudson |
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Sam Modlin |
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About Attraqt Group plc
Attraqt powers exceptional shopping experiences for over 300 of the world's leading retail brands. The Company delivers omnichannel search, merchandising, and product & content personalization for retailers and brands. Simple-to-use interfaces and efficient workflows enable Merchandisers to take full control and enhance the value of smart automation with their own strategic expertise and creativity.
In 2019, Attraqt acquired Early Birds, the award-winning AI-driven personalization software provider. Together, the two companies combine Attraqt's pedigree in data-led search and merchandising capabilities to optimize product discovery and visual curation, with Early Birds' award-winning ability to empower learning algorithms to orchestrate and personalize the entire shopper journey. The benefits to retailers and brands will be the ability to orchestrate enhanced shopper journeys that also deliver superior commercial returns.
For more information visit www.attraqt.com
Details of the full notifications received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Luke McKeever | ||||
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 in Attraqt Group PLC GB00BMJJFZ18
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b) | Nature of the transaction | Entry into an Award Agreement pursuant to which the following option awards were granted under the Attraqt Group PLC Long Term Incentive Plan: (i) a non-tax advantaged award over 1,063,686 Ordinary Shares of 1 pence each in Attraqt Group PLC.
The award was granted with an option price of 27 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. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 28th May 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||