Last checked at 14 Dec 2022 16:16
14 December 2022
Rosslyn Data Technologies plc
(the "Company", "RDT" or the "Group")
Grant of Options
Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data analytics platform, announces that, on 14 December 2022 (the "Grant Date"), the Company granted a total of 17,250,000 options over ordinary shares of 0.5p in the Company ("Options"), including to two PDMRs as follows:
Name | Position | Number of Options granted | Exercise price | Period and conditions of vesting/exercise |
Paul Watts | CEO | 5,000,000 | 0.99p | · Vest upon the first anniversary of the Grant Date · Exercisable subject to Mr. Watts remaining an employee of the Company |
Ed Riddell | Finance Director | 5,000,000 | 0.99p | · Vest upon the first anniversary of the Grant Date · Exercisable subject to Mr. Riddell remaining an employee of the Company |
The Options have been granted under the Rosslyn 2014 EMI Share Option Plan (except those to Mr. Watts) and expire 10 years from the Grant Date. The exercise price of 0.99p represents the average mid-market closing price of the Company's shares on AIM over the 30 days preceding the Grant Date.
Enquiries
Rosslyn | |
Paul Watts, Chief Executive Officer James Appleby, Chairman | +44 (0)20 3285 8008
|
| |
Cenkos Securities (Nominated adviser and Broker) | |
Stephen Keys/Camilla Hume
| +44 (0)20 7397 8900 |
| |
Gracechurch Group (Financial PR) | |
Harry Chathli/Claire Norbury | +44 (0)20 4582 3500 |
About Rosslyn
Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI. For more information visit www.rosslyn.ai
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)
| Name
| Paul Watts | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director and CEO | |||
b)
| Initial notification/amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rosslyn Data Technologies plc | |||
b)
| LEI
| 213800UJ7YTBGGXGJN09 | |||
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 of 0.5 pence each | |||
Identification code | GB00BKX5CP01 | ||||
b)
| Nature of the transaction
| Grant of options | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.99 pence | 5,000,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | N/A | ||||
e)
| Date of the transaction
| 14 December 2022 | |||
f)
| Place of the transaction
| Off market | |||
1
| Details of the person discharging managerial responsibilities/person closely associated
| ||||
a)
| Name
| Edward Riddell | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Finance Director and PDMR | |||
b)
| Initial notification/amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rosslyn Data Technologies plc | |||
b)
| LEI
| 213800UJ7YTBGGXGJN09 | |||
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 of 0.5 pence each | |||
Identification code | GB00BKX5CP01 | ||||
b)
| Nature of the transaction
| Grant of options | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.99 pence | 5,000,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | N/A | ||||
e)
| Date of the transaction
| 14 December 2022 | |||
f)
| Place of the transaction
| Off market | |||