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MIND GYM PLC Director's Dealing 2023
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3244H
Mind Gym PLC
27 July 2023
27 July 2023
Mind Gym plc
("Mind Gym" or the "Company)
Grant of Awards under the Long Term Incentive Plan
Mind Gym announces that on 26 July 2023 it has made awards to the Persons Discharging Managerial Responsibility (PDMRs) set out below over ordinary shares of 0.001 pence each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"). In accordance with the LTIP rules, awards to PDMRs based in the UK are in the form of nil-cost options and awards to PDMRs in the US are in the form of restricted stock. The vesting period for all awards is three years and they are exercisable up to the tenth anniversary of the award date or earlier if the Board decide otherwise. Vesting is subject to performance conditions based on Revenue (70% of each award) and EBITDA (30% of each award) targets.
| PDMR | Title | Type of Award | Options Granted |
| Dominic Neary | Chief Financial Officer | Nil-Cost Option | 461,552 |
| Janet Ahn | President, Americas | Restricted Stock | 715,585 |
| Crystal Metcalfe | Managing Director, EMEA | Nil-Cost Option | 415,397 |
| David Lush | Chief Technology Officer | Nil-Cost Option | 332,317 |
| Cindy Steagall | Executive Vice President, Americas | Restricted Stock | 572,468 |
Enquiries
| Mind Gym plc Octavius Black (CEO) Dominic Neary (CFO) |
+44 (0) 20 7376 0626 [email protected] |
| Liberum (Nominated Adviser and Sole Broker) Nicholas How Edward Mansfield Cara Murphy |
+44 (0) 20 3100 2000 |
| MHP (for media enquiries) Reg Hoare Katie Hunt Veronica Farah |
+44 (0) 20 3128 8793 [email protected] |
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dominic Neary
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Is this an initial notification or an amendment to a prior notification?
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mind Gym plc
b)
LEI
213800ER1PA5QSNKIL80
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
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83
b)
Nature of the transaction
Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 461,552 |
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
26 July 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Janet Ahn
2
Reason for the notification
a)
Position/status
President, Americas
b)
Is this an initial notification or an amendment to a prior notification?
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mind Gym plc
b)
LEI
213800ER1PA5QSNKIL80
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
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83
b)
Nature of the transaction
Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 715,585 |
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
26 July 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Crystal Metcalfe
2
Reason for the notification
a)
Position/status
Managing Director, EMEA
b)
Is this an initial notification or an amendment to a prior notification?
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mind Gym plc
b)
LEI
213800ER1PA5QSNKIL80
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
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83
b)
Nature of the transaction
Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 415,397 |
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
26 July 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Lush
2
Reason for the notification
a)
Position/status
Chief Technology Officer
b)
Is this an initial notification or an amendment to a prior notification?
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mind Gym plc
b)
LEI
213800ER1PA5QSNKIL80
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
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83
b)
Nature of the transaction
Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 332,317 |
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
26 July 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Cindy Steagall
2
Reason for the notification
a)
Position/status
Executive Vice President, Americas
b)
Is this an initial notification or an amendment to a prior notification?
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mind Gym plc
b)
LEI
213800ER1PA5QSNKIL80
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
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83
b)
Nature of the transaction
Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 572,468 |
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
26 July 2023
f)
Place of the transaction
Outside a trading venue
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