28 Jul 2023 07:00
28 July 2023
D4t4 Solutions Plc
Grant of Awards under Long Term Incentive Plan
D4t4 Solutions Plc (AIM: D4t4, "the Group", "D4t4"), the AIM-listed data solutions provider, announces that on 27 July 2023, a number of employees of the Group were granted options over 388,089 ordinary shares of two pence each in the Company, at an exercise price of two pence per share.
The awards were made as set out below under the terms of the D4t4 Long Term Incentive Plan ("LTIP") and included the PDMRs listed below.
PDMR | Number of Options
|
Bill Bruno | 168,913 |
Ash Mehta | 84,176 |
Vesting of awards is subject to the satisfaction over the three-year period, beginning 1 April 2023 of specified performance conditions, based on the Company's relative Total Shareholder Return (TSR) in respect of half of the award, and growth in Annual Recurring Revenue (ARR) in respect of the other half. Vesting criteria have been set as follows:
· TSR of no less than median performance against the selected benchmark for minimum vesting, with a sliding scale above this level, up to full vesting for top-quartile performance.
· 15% annual compound growth in ARR to achieve minimum award vesting, with a sliding scale above this level, up to full vesting at 27.5% compound growth; and
Enquiries
finnCap (Nominated Adviser & Joint Broker) Julian Blunt / Edward Whiley, Corporate Finance Alice Lane, ECM
| +44 (0) 20 7220 0500 |
Canaccord Genuity (Joint Broker) Simon Bridges / Andrew Potts
| +44 (0) 20 7523 8000 |
About D4t4 Solutions plc
D4t4 Solutions plc (AIM: D4t4) was founded around a passion for helping brands improve their relationships with their consumers via better data.
Supporting customers in financial services, retail, travel, healthcare, and telecommunications across over 27 countries, D4t4 enables businesses to make smarter, informed decisions via Celebrus, the company's flagship first-party data product suite. Celebrus automatically captures, contextualises, and activates user-based behavioural data in real-time across all digital channels. Through behavioural biometrics and analytics, Celebrus helps companies prevent fraud before it happens. Celebrus Cloud provides an enterprise platform that automates and enables organisations to get better value from the Celebrus software in a more efficient manner.
The Group has offices in the UK, USA, India, and Australia with key talent in all markets to drive the growth of the business. Celebrus is fully compliant with all major data privacy regulations and the Group is accredited to ISO27001: Information Security Management.
For more information, please see www.d4t4solutions.com
The notifications below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further detail:
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a) | Name | Bill Bruno | |
2 | Reason for the notification
| ||
a) | Position/Status
| Chief Executive Officer | |
b) | Initial notification / amendment
| Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a) | Name
| D4t4 Solutions Plc
| |
b) | LEI
| 213800HP3XUS3KTGWT63 | |
4 | Details of transactions(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 | Options over ordinary shares of 2p
GB0001351955 | |
b) | Nature of the transaction | Grant of options | |
c) | Price(s) and
| Price(s) | Volume(s) |
Exercise price of 2p per share | 168,913 | ||
d) | Aggregated Information
Aggregated volume
Price | Grant of 168,913 options over ordinary shares of two pence at an exercise price of two pence | |
e) | Date of transaction
| 27 July 2023 | |
f) | Place of transaction
| Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a) | Name | Ash Mehta | |
2 | Reason for the notification
| ||
a) | Position/Status
| Chief Financial Officer | |
b) | Initial notification / amendment
| Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a) | Name
| D4t4 Solutions Plc
| |
b) | LEI
| 213800HP3XUS3KTGWT63 | |
4 | Details of transactions(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 | Options over ordinary shares of 2p
GB0001351955 | |
b) | Nature of the transaction | Grant of options | |
c) | Price(s) and
| Price(s) | Volume(s) |
Exercise price of 2p per share | 84,176 | ||
d) | Aggregated Information
Aggregated volume
Price | Grant of 84,176 options over ordinary shares of two pence at an exercise price of two pence | |
e) | Date of transaction
| 27 July 2023 | |
f) | Place of transaction
| Outside of a trading venue | |