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19 Jul 2016 17:03
19 July 2016
First Derivatives plc
("FD" or the "Company")
Director Shareholding
FD (AIM: FDP.L, ESM: FDP.I) announces that on 18 July 2016 certain employees and a Director exercised options over a total of 217,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares"). Of this total exercise, Graham Ferguson, Chief Financial Officer, exercised 150,000 share options and on the same day sold 170,000 Ordinary Shares at a price of 1,725p per share. On 19 July Mr Ferguson sold a further 30,000 Ordinary Shares at a price of 1,725p. Following these transactions Mr Ferguson holds a total of 122,647 Ordinary Shares representing 0.5% of the total issued share capital of the Company.
Furthermore, on 19 July 2016 Mr Ferguson was awarded 200,000 share options over Ordinary Shares. These options have an exercise price of 1,717p per share and will vest on the third anniversary of the date of the award, subject to meeting demanding performance criteria related to the achievement of total shareholder returns during this period. Following this award, Mr Ferguson holds share options over a total of 200,000 Ordinary Shares.
As a result of the above exercise of options, application has been made for 217,000 new Ordinary Shares to be admitted to trading on AIM and ESM and it is expected that admission will take place on 22 July 2016. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares. Following this allotment, the total issued share capital of the Company will increase to 24,531,639 Ordinary Shares.
Enquiries
For further information please contact:
First Derivatives plc Brian Conlon, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations | +44(0)28 3025 2242 www.firstderivatives.com |
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Investec Bank plc (Nominated Adviser and Broker) Dominic Emery Carlton Nelson Sebastian Lawrence | +44 (0)20 7597 4000 |
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Goodbody (ESM Adviser and Broker) Linda Hickey Finbarr Griffin | +353 1 667 0420 |
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Walbrook PR Paul Cornelius / Nick Rome / Helen Cresswell / Sam Allen
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About FD
FD is a global technology provider with 20 years of experience. The Group's Kx technology is used by some of the world's largest finance, technology and energy institutions. FD employs over 1,600 people worldwide and has operations in London, New York, Stockholm, Singapore, Hong Kong, Tokyo, Sydney, Palo Alto, Toronto, Philadelphia, Dublin, Belfast and its headquarters in Newry.
For further information, please visit www.firstderivatives.com
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