GETECH GROUP PLC — Remuneration Information 2022

Feb 9, 2022

National Storage Mechanism | Additional information

RNS Number : 0771B

GETECH Group plc

09 February 2022

Getech Group plc

("Getech" or the "Company")

Grant of Share Options

Getech announces the grant of 2,250,000 share options on 8 February 2022 as long-term incentives, including the following grants to directors and persons discharging managerial responsibilities ("PDMRs"): 

Recipient	Number of share options granted	Total number of options held	Current shareholding
Jonathan Copus, CEO	650,000	2,400,000	45,000
Christopher Jepps, COO	500,000	750,000	903,226
Andrew Darbyshire, CFO	500,000	750,000	-
Total	1,650,000	3,900,000	948,226

A further 600,000 options were granted to members of the senior management team who are not classified as PDMRs.

The options were granted with an exercise price of 27.5p per ordinary share, being the mid-market closing price on 7 February 2022. The options have a seven-year term and vest one third on each of the next three anniversaries of the grant date, subject to satisfying certain performance conditions.

For further information, please contact:

Getech Group plc Jonathan Copus, Chief Executive	Tel:  0113 322 2200
Cenkos Securities plc Neil McDonald / Pete Lynch (Corporate Finance) Michael Johnson / Julian Morse (Sales)	Tel:  0207 397 8900
Camarco James Crothers / Toby Strong	Tel: 020 3781 8331

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 £0.275	650,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

8 February 2022

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 £0.275	500,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

8 February 2022

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 £0.275	500,000

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of the transaction

8 February 2022

f)

Place of the transaction

Outside a trading venue

Notes to editors:

Getech (AIM: GTC) helps countries and companies to manage their natural resources and energy infrastructure to assist in the delivery of a successful energy transition to a net-zero economy. We use our extensive geoscience, geotechnical and geospatial technology, and skills to locate sustainable energy resources, de-risk and optimise their development and long-term economic production. Our focus is on scalable projects that can deliver meaningful impact across industries including oil and gas, mining of battery metals, geothermal, green & blue hydrogen, and smart cities.

H2 Green is a developer and operator of green hydrogen hub infrastructure. Its mission is to develop a national network of hydrogen production, storage, and retail facilities, providing customers with a secure supply of low-cost green hydrogen. H2 Green's data-led location analytics allows it to optimise the positioning of hubs and minimise capital costs by repurposing legacy infrastructure for a greener future.

H2 Green is a wholly owned subsidiary of the Getech Group.

For further information, please visit www.getech.com, www.h2green.co.uk

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