26 Apr 2021 07:00
Grant of Director Options
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 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") to Mark Adams (Chief Executive Officer) and Eric Dodd (Chief Financial Officer) under the Attraqt Group plc Long Term Incentive Plan.
The awards are granted as non-tax advantaged awards and vesting is subject to continued service and the achievement of certain share price and/or revenue growth performance conditions three years after the date of grant (22 April 2024). The Options have an exercise price of 1 pence per Ordinary Share.
For further enquiries please contact:
Attraqt Group plc | Via Alma PR |
Mark Adams, CEO | |
Eric Dodd, CFO | |
Canaccord Genuity (Nominated Adviser, Financial Adviser and Sole Bookrunner) | +44 (0)20 7523 8000 |
Simon Bridges | |
Adam James | |
Alma PR | +44 (0)20 3405 0205 |
Susie Hudson | ATQT@almapr.co.uk |
Sam Modlin | |
Molly Gretton |
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.
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 | Mark Adams | ||||
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
| ||||
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 500,000 Ordinary Shares of 1 pence each in Attraqt Group PLC.
The award was granted with an option price of 1 pence per share and will ordinarily become exercisable subject to the achievement of performance criteria and continued service. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 22nd April 2021 | ||||
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 in Attraqt Group PLC GB00BMJJFZ18
| ||||
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 164,000 Ordinary Shares of 1 pence each in Attraqt Group PLC.
The award was granted with an option price of 1 pence per share and will ordinarily become exercisable subject to the achievement of performance criteria and continued service. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 22nd April 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||