Last checked at 23 Jun 2023 07:00
23 June 2023
Bytes Technology Group plc ('the Company')
Grant of options under Sharesave Scheme
On 22 June 2023, the Company granted options over a total of 337,890 ordinary shares of £0.01 each ('the Options') under the Bytes Technology Group Sharesave Scheme ('the Scheme'). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of £3.92 per ordinary share from 1 August 2026 in accordance with the rules of the Scheme.
The total grant of options under the Scheme in 2023, 2022 and 2021 (the previous two grants exercisable at a price of £3.72 per ordinary share from 1 August 2025 and £4.00 per ordinary share from 1 August 2024, respectively) represents 0.62% of the Company's existing share capital.
Enquiries
WK Groenewald Group Company Secretary Bytes Technology Group plc | Tel: +44 (0)1372 418 992
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The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.