Last checked at 11 Jul 2023 14:53
11 July 2023
Getech Group plc
("Getech" or the "Company")
Exercise of Share Options, Director Dealing, Issue of Equity and Total Voting Rights
Getech (AIM: GTC), a world-leading locator of subsurface resources, announces that it has received notices of exercise of employee share options ("Share Options") over a total of 178,150 new ordinary shares of 0.25 pence each in the Company ("Ordinary Shares"). Included within this figure, Chris Jepps, Chief Operating Officer, has exercised share options over a total of 30,952 Ordinary Shares at an exercise price of 0.25 pence per share.
An application has been made for the 178,150 new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will occur on or around 8.00 a.m. on 14 July 2023.
Upon Admission, the Company's issued share capital will consist of 67,474,375 Ordinary Shares with one voting right each. As Getech does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Following the exercise of the Share Options, Chris Jepps has an interest in 934,178 Ordinary Shares, representing 1.4 per cent. of the enlarged share capital of the Company.
The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.
For further information, please contact:
Getech Group plc Irina Logutenkova, Head of Investor Relations |
Tel: 0113 322 2200 |
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Cenkos Securities plc Neil McDonald / Pete Lynch (Corporate Finance) Michael Johnson / Dale Bellis (Sales) |
Tel: 0207 397 8900
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Novella Communications | Tel: 0203 151 7008 |
Tim Robertson / Claire de Groot / Safia Colebrook | |
getech@novella-comms.com | |
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Notes to editors:
Getech is a leading locator of the essential energy and mineral resources vital for the world's energy transition. Getech's unique data encompassing the most recent 400 million years of Earth's evolution, coupled with its geoscience expertise, AI-driven analytics and extensive GIS capabilities, enables the company to provide valuable and actionable insights to support resource discovery and development.
The company's client portfolio is wide-ranging, from governments, municipalities and energy companies to consumer goods and computing services companies, all striving to become energy and minerals self-sufficient and drive towards net zero.
Founded in 1994 Getech is listed on the Alternative Investment Market of the London Stock Exchange ("AIM"), with ticker symbol GTC.
For further information, please visit www.getech.com.
UK Market Abuse Regulation
The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Chris Jepps | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Operating Officer | ||||
b) | Initial notification/amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Getech Group plc | ||||
b) | LEI | 213800L36BCDMGT89738 | ||||
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 0.25 pence each
GB00B0HZVP95 | ||||
b) | Nature of the transaction | Exercise of options over ordinary shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
e) | Date of the transaction | 10/07/2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (LON: GTC) | ||||