Good Life Plus Plc

Board/Management Information • Mar 4, 2024

National Storage Mechanism | Additional information

RNS Number : 3644F

Good Life Plus PLC

04 March 2024

For release at 07.45: 4 March 2024

Good Life Plus Plc

(the "Company" or "Good Life Plus")

Grant of Options and PDMR

Good Life Plus Plc (AQSE: GDLF), an innovator in the luxury prize draw and rewards sector, is pleased to announce the grant of options over 38,142,199 Ordinary Shares of £0.001 each in the Company (the "Options") to certain directors, PDMRs, company advisors and other members of staff.  The Company announced its intent to issue the majority of these options in its Admission Document dated 30 November 2023.  A number of further options, not outlined in the Admission Document, have been granted to new employees and to the recently appointed Chairman, David Craven.

Included in the above total are options over 30,715,088 Ordinary Shares which were granted to Directors and PDMRs, as set out below:

	Status	Exercise price (£)	Options granted	Current shareholding in Company
Charlie Chadd	Director	0.0225	11,111,111	191,611,489
Joe Chadd	Director	0.0225	7,407,422	127,740,993
David Ivy	PDMR	0.0225	3,111,111	0
Iain McCaid	PDMR	0.0225	1,777,778	0
Ben Smith	PDMR	0.0225	1,333,333	0
John Gordon	Director	0.0225	1,066,667	0
John Taylor	Director	0.0225	750,000	0
David Craven	Director	0.0225	4,193,666*	0
Total			30,715,088	319,352,482

*The Company has also committed to issuing two further batches of 4,193,666 options to David Craven on the 12 month and 24 month anniversary of his appointment with exercise prices reflecting the prevailing share price at the time of grant.

Following the grant of the Options, the Company has 38,142,199 Ordinary Shares under option, representing 5.3% of the total issued share capital of the Company following the issue of the Subscription Shares announced earlier today.

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 

The Directors of the Company take responsibility for this announcement.

-Ends-

For further information please contact:

Good Life Plus Plc                                                                                                                                +44 (0)7500 929157

Charlie Chadd, Chief Executive

Novum Securities Limited

AQSE Corporate Advisor

David Coffman / Daniel Harris / George Duxberry                                                                    +44 (0)20 7399 9400

Belvedere Communications Limited

Financial Media and Investor Communications

John West / Lily Pearce                                                                                                                  + 44 (0)20 7653 8702

[email protected]

Notification and public disclosure of transaction by person discharging managerial responsibilities

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

1)    Charlie Chadd

2)    Joe Chadd

3)    David Ivy

4)    Iain McCaid

5)    Ben Smith

6)    John Gordon

7)    John Taylor

8)    David Craven

2

Reason for notification

a.

Position/Status

1)    Director

2)    Director

3)    PDMR

4)    PDMR

5)    PDMR

6)    Director

7)    Director

8)    Director

b.

Initial notification/

Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Good Life Plus Plc

b.

LEI

2138003B288DJIG8LQ90

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 £0.001 each

ISIN Code: GB00BPSMPW93

b.

Nature of the transaction

Grant of Options

c.

Price(s) and volume(s)

1) £0.0225	11,111,111
2) £0.0225	7,407,422
3) £0.0225	3,111,111
4) £0.0225	1,777,778
5) £0.0225	1,333,333
6) £0.0225	1,066,667
7) £0.0225	750,000
8) £0.0225	4,193,666

d.

Aggregated information

- Aggregated Volume

- Price

30,715,088 Ordinary Shares

£0.0225

e.

Date of the transaction

4 March 2024

f.

Place of the transaction

Outside of a trading venue

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