4 Oct 2018 14:42
SafeCharge International Group Limited
("SafeCharge" or the "Company")
Grant of Awards under the Company's Long Term Incentive Plan 2016
On 3 October 2018, the Company's executive directors were granted nil cost option awards over ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 (the "Plan") as noted below:
Executive Directors | Number of Shares under Award |
David Avgi* | 273,550 |
Tsach Einav | 140,715 |
Yuval Ziv | 105,063 |
\* The award has been granted to Foxberry Ventures Pte. Limited, Foxberry Ventures Pte. Limited is wholly owned by David Avgi
Subject to the terms of the Plan, the awards granted will ordinarily vest and become exercisable from 1 March 2021, subject to the grantee's continued service and to the extent to which Revenue and Adjusted EBITDA performance criteria are met over a measurement period comprising three financial years of the Company commencing with the current financial year.
Once exercisable, an award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the awards.
No consideration was paid for the grant of the awards and no consideration is due on the vesting and/or exercise of the awards.
The Company was notified of the above transactions on 3 October 2018.
- Ends -
Enquiries
SafeCharge International Group Limited David Avgi, Chief Executive Officer Tsach Einav, Chief Financial Officer c/o FTI Consulting
| +44 (0) 20 3727 1725 |
Jean Beaubois, Head of Investor Relations
| +44 (0) 7826 936619 |
Shore Capital Mark Percy Toby Gibbs
| +44 (0) 20 7408 4090 |
FTI Consulting Matthew O'Keeffe Elena Kalinskaya
| +44 (0) 20 3727 1725 |
About SafeCharge
SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omni‐channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the AIM market of the London Stock Exchange since 2014.
www.safecharge.com
This information set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| David Avgi The award has been granted to Foxberry Ventures Pte. Limited, Foxberry Ventures Pte. Limited is wholly owned by David Avgi | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| SafeCharge International Group Limited | ||||
b)
| LEI
| N/A | ||||
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 US$0.0001 value
GG00BYMK4250
| ||||
b)
| Nature of the transaction
| Grant of nil cost option awards over ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
273,550
Nil cost
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| Guernsey | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Tsach Einav
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| SafeCharge International Group Limited | ||||
b)
| LEI
| N/A | ||||
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 US$0.0001 value
GG00BYMK4250
| ||||
b)
| Nature of the transaction
| Grant of nil cost option awards over ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
140,715
Nil cost
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| Guernsey | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Yuval Ziv
| ||||
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
| SafeCharge International Group Limited | ||||
b)
| LEI
| N/A | ||||
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 US$0.0001 value
GG00BYMK4250
| ||||
b)
| Nature of the transaction
| Grant of nil cost option awards over ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
105,063
Nil cost
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| Guernsey | ||||