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GFINITY PLC
Director's Dealing • Jun 7, 2021
7673_rns_2021-06-07_5320636c-508e-43fb-998b-e4588f24fe60.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 9559A
Gfinity PLC
07 June 2021
7 June 2021
Gfinity plc
("Gfinity" or the "Company")
Issue of Equity
Director/PDMR Shareholding
Grant of Options
Exercise of Options
Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider, announces that it has issued 15,000,000 ordinary shares of 0.1 pence each ("Ordinary Shares") pursuant to the exercise of options over Ordinary Shares ("Options"), including the exercise of 500,000 Options by John Clarke, Chief Executive Officer of Gfinity, and 500,000 Options by Jonathan Hall, Chief Finance and Operating Officer of Gfinity, each at a price of 1 pence per Ordinary Share.
Following the above Option exercises, Mr Clarke and Mr Hall each hold 1,222,222 Ordinary Shares.
Application has been made for admission of the Ordinary Shares to trading ("Admission"), expected to be effective 10 June 2021. Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 930,513,248. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Grant of Options
Gfinity also announces the Company's remuneration committee has agreed to grant the following Options to directors, at an exercise price of 4.65 pence per Ordinary Share. 50% of the Option awards will vest immediately, and 50% will vest after 1 year. The Options will expire after 10 years if not exercised.
| Director | Role | Number of Options granted | Resultant number of Options held |
| John Clarke | Chief Executive Officer | 6,000,000 | 14,000,000 |
| Jonathan Hall | Chief Finance and Operating Officer | 4,000,000 | 9,000,000 |
ENDS
Enquiries :
| Gfinity plc John Clarke, CEO |
www.gfinityplc.com Via Teneo |
| Teneo (Media) | Tel: +44 7880 715975 |
| Anthony Di Natale | [email protected] |
| Canaccord Genuity Limited (Nominated Adviser & Broker) | Tel:+44 (0)207 523 8150 |
| Bobbie Hilliam / Georgina McCooke |
About Gfinity
Gfinity (AIM: GFIN) is a world leading esports business. Created by gamers for the world's 2.7 billion gamers, Gfinity has a unique understanding of this fast-growing global community. It uses this expertise both to provide advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.
Gfinity connects its partners with the esports community in authentic and innovative ways. This consists of on‑ and off-line competitions and industry‑leading content production. Relationships include EA SPORTS, Activision Blizzard, F1 Esports Series and the Forza Racing Championship.
Gfinity connects directly with tens of millions of gamers each month through its digital media group, Gfinity Digital Media. Gfinity Digital Media includes websites such as: Gfinityesports, RealSport101, StealthOptional, RacingGames.gg, MTGRocks.com and their respective social channels.
All Gfinity services are underpinned by the Company's proprietary technology platform delivering a level playing field for all competitors and supporting scalable multi-format leagues, ladders and knockout competitions.
| 1 | Details of PDMR / person closely associated with them ('PCA') | ||
| a) | Full Name | John Clarke | |
| 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 participation, auction platform, auctioneer or auction monitor | ||
| a) | Name | Gfinity plc | |
| b) | LEI | 213800GNV14EDQNRWI17 | |
| 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 Identification code |
Options over ordinary shares in the capital of the Company ISIN: GB00BT9QD572 |
|
| b) | Nature of the transaction | Exercise of Options | |
| c) | Price(s) and volume(s) | Price: 1.0p Volume: 500,000 |
|
| d) | Aggregated information Aggregated volume and Price |
N/A - single transaction | |
| e) | Date of the transaction | 4 June 2021 | |
| f) | Place of the transaction | Off Market | |
| 1 | Details of PDMR / person closely associated with them ('PCA') | ||
| a) | Full Name | John Clarke | |
| 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 participation, auction platform, auctioneer or auction monitor | ||
| a) | Name | Gfinity plc | |
| b) | LEI | 213800GNV14EDQNRWI17 | |
| 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 Identification code |
Option over ordinary shares in the capital of the Company ISIN: GB00BT9QD572 |
|
| b) | Nature of the transaction | Grant of options over ordinary shares in the capital of the Company | |
| c) | Price(s) and volume(s) | Price: 4.65p Volume: 6,000,000 |
|
| d) | Aggregated information Aggregated volume and Price |
N/A - single transaction | |
| e) | Date of the transaction | 4 June 2021 | |
| f) | Place of the transaction | Off Market | |
| 1 | Details of PDMR / person closely associated with them ('PCA') | ||
| a) | Full Name | Jonathan Hall | |
| 2 | Reason for the notification | ||
| a) | Position / status | Chief Finance and Operating Officer | |
| b) | Initial notification / amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name | Gfinity plc | |
| b) | LEI | 213800GNV14EDQNRWI17 | |
| 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 Identification code |
Options over ordinary shares in the capital of the Company ISIN: GB00BT9QD572 |
|
| b) | Nature of the transaction | Exercise of Options | |
| c) | Price(s) and volume(s) | Price: 1.0p Volume: 500,000 |
|
| d) | Aggregated information Aggregated volume and Price |
N/A - single transaction | |
| e) | Date of the transaction | 4 June 2021 | |
| f) | Place of the transaction | Off Market | |
| 1 | Details of PDMR / person closely associated with them ('PCA') | ||
| a) | Full Name | Jonathan Hall | |
| 2 | Reason for the notification | ||
| a) | Position / status | Chief Finance and Operating Officer | |
| b) | Initial notification / amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name | Gfinity plc | |
| b) | LEI | 213800GNV14EDQNRWI17 | |
| 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 Identification code |
Option over ordinary shares in the capital of the Company ISIN: GB00BT9QD572 |
|
| b) | Nature of the transaction | Grant of options over ordinary shares in the capital of the Company | |
| c) | Price(s) and volume(s) | Price: 4.65p Volume: 4,000,000 |
|
| d) | Aggregated information Aggregated volume and Price |
N/A - single transaction | |
| e) | Date of the transaction | 4 June 2021 | |
| f) | Place of the transaction | Off Market | |
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