Last checked at 26 Sep 2016 14:31
Osirium Technologies plc
("Osirium", "the Company" or "the Group")
Grant of Options and PDMR Dealings
Osirium, a UK based cyber-security software provider, announces that, on 26 September 2016, options ("Options") were granted over 25,985 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Osirium Technologies plc Enterprise Management Incentive (EMI) Share Option Plan 2016 ("Share Option Scheme") to Simon Hember, a Non-Executive Director of the Company. All Options are conditional on the Group's consolidated revenue for the financial year ending 31 December 2019 being no less than £12,000,000.
The Options are exercisable at 191.5 pence per Ordinary Share, as determined by the Board in accordance with the Rules of the Share Option Scheme. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
| Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Names | Simon Hember |
2
| Reason for the notification | |
a)
| Position/status
| Non-Executive Director |
b)
| Initial notification /Amendment
| Initial Notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a)
| Name
| Osirium Technologies plc |
b)
| LEI |
|
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
| Options over Ordinary Shares |
b) | Identification code
| GB00BZ58DH10 |
c)
| Nature of the transaction
| Grant of Options over Ordinary Shares pursuant to the Osirium Technologies plc Enterprise Management Incentive (EMI) Share Option Plan 2016
|
d)
| Price(s) and volume(s) | 25,985 Options
|
d)
| Aggregated information - Aggregated volume - Price | n/a
|
e)
| Date of the transaction | 26 September 2016 |
f)
| Place of the transaction | Outside a trading venue |
Name of authorised official of issuer responsible for making notification.
Martin Kay
Company Secretary to Osirium Technologies plc
For further information:
Osirium Technologies plc | Tel: 44 (0) 118 324 2444 |
David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer www.osirium.com
|
|
Panmure Gordon (UK) Limited (Nominated Adviser and Broker) | Tel: +44 (0) 20 7886 2500 |
Andrew Godber / Peter Steel / James Greenwood/ William Wickham - Corporate Finance Charles Leigh-Pemberton - Corporate Broking
|
|
Hollins Communications (Financial PR) Sarah Hollins | Tel: +44 (0) 7764 947137 |