Last checked at 15 Jun 2020 07:00
15 June 2020
Rosslyn Data Technologies plc
("Rosslyn" the "Group")
Grant of Options
Rosslyn Data Technologies plc (AIM: RDT), the provider of a leading cloud-based enterprise data analytics platform, announces that the Company has granted a total of 9,171,425 options to subscribe for new ordinary shares in the Company under the Rosslyn 2014 Share Option Program to various employees of the Company (the "Options").
A total of 7,266,664 of the Options are split into three equal tranches and each tranche shall vest evenly over a three-year period, subject to performance criteria having been met during the financial year ending 30 April 2021, provided that the Option holder remains an employee or director of the Group. A further 1,904,761 options will vest immediately.
Each employee's options will lapse immediately on that employee's resignation. The Options are exercisable at 5.25p pence and will expire on 11 June 2030.
The following options have been granted to Directors and PDMRs:
| Director | Number of options granted
| Total number of options |
| Roger Bullen
| 3,047,619 | 9,594,178 |
| Hugh Cox
| 1,238,095 | 3,015,873 |
| Ash Mehta
| 3,142,856 | 4,522,166 |
Rosslyn Data Technologies plc | Roger Bullen, Chief Executive Officer | +44(0)77 7162 3345+44(0)20 7138 3203 |
Ash Mehta, Chief Financial Officer | +44(0)79 3054 7441+44(0)20 7138 3203 | |
Cenkos Securities,Nominated Adviser, Broker | Stephen Keys/Giles Balleny
| +44(0)20 7397 8924 |
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.
Further information can also be found on the Company's website at: www.rosslyndatatech.com