GETECH GROUP PLC — Remuneration Information 2018

Nov 27, 2018

National Storage Mechanism | Additional information

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RNS Number : 5339I

GETECH Group plc

27 November 2018

Getech Group plc

("Getech" or the "Company")

Grant of Share Options

The Company announces the grant of 1,350,000 share options on 20 November 2018 as long-term incentives to its Directors and Executive Committee. Details of the grant of options are as follows:

Recipient	Number of share options granted	Total number of options held	Current shareholding
Jonathan Copus	350,000	1,750,000	-
Christopher Jepps	250,000	250,000	903,226
Andrew Darbyshire	250,000	250,000	-
Jules Cullen	250,000	250,000	677,419
Lourens Koen	250,000	250,000	-
Total	1,350,000	2,750,000	1,580,645

The share options were issued with an exercise price of £0.35 per ordinary share, the mid-market closing price on 20 November 2018. The options have a ten-year term and vest one half each on the next two anniversaries of the grant date. They are exercisable at any time after the vesting date.

Each party received share options over 250,000 Ordinary Shares, with the exception of Jonathan Copus who also received options over a further 100,000 ordinary shares. These additional options are issued in lieu of share options that were awarded but not granted on his joining Getech. They also have an exercise price of £0.35 per ordinary share and a ten-year term but vest on 2 August 2019. They are exercisable at any time after the vesting date.

For further information, please contact:

Getech Group plc Jonathan Copus, Chief Executive		Tel:  0113 322 2200
WH Ireland Limited (Nomad & Broker) Katy Mitchell James Sinclair-Ford		Tel:  0161 832 2174

EU Market Abuse Regulation

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities

a)

Name

Jonathan Copus

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

Getech Group plc

b)

LEI

213800L36BCDMGT89738

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 0.25 pence each

GB00B0HZVP95

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price £0.35	350,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

20 November 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities

a)

Name

Christopher Jepps

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

Getech Group plc

b)

LEI

213800L36BCDMGT89738

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 0.25 pence each

GB00B0HZVP95

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price £0.35	250,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

20 November 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities

a)

Name

Andrew Darbyshire

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

Getech Group plc

b)

LEI

213800L36BCDMGT89738

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 0.25 pence each

GB00B0HZVP95

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price £0.35	250,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

20 November 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities

a)

Name

Jules Cullen

2

Reason for the notification

a)

Position/status

Sales Director

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

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 0.25 pence each

GB00B0HZVP95

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price £0.35	250,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

20 November 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities

a)

Name

Lourens Koen

2

Reason for the notification

a)

Position/status

Delivery Director

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

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 0.25 pence each

GB00B0HZVP95

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price £0.35	250,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

20 November 2018

f)

Place of the transaction

Outside a trading venue

Notes to Editors:

The Getech Group provides the expertise, support and knowledge that companies and governments need to better discover, develop and manage natural resources. Our data-rich products, geospatial solutions and government advisory services help our customers to achieve their business goals of risk-management, cost control, operational excellence, regulatory compliance and environmental responsibility. ​

For more information, please visit our website at www.getech.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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