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1 Feb 2024 14:25
1 February 2024
Checkit plc
("Checkit" or the "Group")
Surrender of Existing Options
Checkit plc (AIM: CKT), the intelligent operations platform for the deskless worker announces that on 31 January 2023, Kit Kyte, Chief Executive Officer and a PDMR of the Company, surrendered for nominal consideration 225,000 options over ordinary shares of 5 pence each ("Ordinary Shares") that were granted on 17 February 2021 under the Group's Enterprise Management Incentive Plan (the "Plan") and 227,500 options over Ordinary Shares that were granted on 19 February 2021 also under the Plan.
Kit Kyte continues to hold 2,000,000 options over Ordinary Shares in the Company under the Group's unapproved Enterprise Management Incentive Plan.
The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulations and set out more details of the transactions.
Contacts:
Checkit plc +44 (0) 1223 643313
www.checkit.net
Kit Kyte (Chief Executive Officer)
Greg Price (Chief Financial and Operations Officer)
Singer Capital Markets (Nominated Adviser & Broker) +44 (0) 20 7496 3000
Shaun Dobson / Harry Gooden / James Fischer
1 | Details of the person discharging managerial responsibilities / person closely associated
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a) | Name | Christopher Kyte ("Kit Kyte")
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2 | Reason for the notification | |||||||
a) | Position / status | Chief Executive Officer
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b) | Initial notification / amendment | Initial notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| Checkit plc | ||||||
b)
| LEI
| 213800556WJOWQNT2R68 | ||||||
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
Identification Code
| Ordinary Shares of 5 pence each
GB00B0C5RG72
| ||||||
b) | Nature of the transaction | Surrender of options over Ordinary Shares of 5 pence each
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c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume
- Price
|
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e) | Date of the transaction | 31 January 2024 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
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