29 Jan 2021 14:06
29 January 2021
i-nexus Global plc
("i-nexus", the "Company" or the "Group")
Grant of LTIP Options
i-nexus Global plc (AIM: INX), announces that further to the announcement on 19 October 2020, it has issued LTIP options over 1,774,296 new ordinary shares of 10 pence each in the Company ("Ordinary Shares") to certain Directors and employees of the Company. The options granted to Directors of the Company are as follows:
First (Financial year 2021) allocation
Simon Crowther Alyson Levett |
369,645 266,144 |
Second (Financial year 2022) allocation
Simon Crowther Alyson Levett |
369,645 266,144 |
The vesting of the LTIP options is conditional upon retaining employment with the Company at the date of vesting and achieving agreed monthly recurring revenue targets for the respective years and is subject to approval from the Company's remuneration committee. Vesting will be confirmed following certification by the auditors of closing MRR for the relevant financial year.
For further information please contact:
i-nexus Global plc Simon Crowther, CEO Alyson Levett, CFO
| Via: Alma PR |
N+1 Singer (Nominated Adviser and Broker) Sandy Fraser (Corporate Finance) Tom Salvesen (Corporate Broking)
| Tel: +44 (0)207 496 3000 |
Alma PR Caroline Forde / Robyn Fisher | Tel: +44 (0)203 405 0205 |
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Simon Crowther | ||||
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 | i-nexus Global plc | ||||
b. | LEI | 213800QGMSEXNLYTU2g2 | ||||
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 | Options over ordinary shares of 10p each ("Ordinary Shares")
ISIN: GB00BDFDLT01 | ||||
b. | Nature of the transaction | Grant of options over 739,290 Ordinary Shares under the i-nexus Global plc Long Term Investment Plan | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information Aggregated volume Price
|
n/a single transaction
| ||||
e. | Date of the transaction | 13/01/2021 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Alyson Levett | ||||
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 | i-nexus Global plc | ||||
b. | LEI | 213800QGMSEXNLYTU2g2 | ||||
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 | Options over ordinary shares of 10p each ("Ordinary Shares")
ISIN: GB00BDFDLT01 | ||||
b. | Nature of the transaction | Grant of options over 532,288 Ordinary Shares under the i-nexus Global plc Long Term Investment Plan | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information Aggregated volume Price
|
n/a single transaction
| ||||
e. | Date of the transaction | 13/01/2021 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
I-nexus Global. (INX)