AI assistant
Molten Ventures PLC — Director's Dealing 2019
Feb 13, 2019
4951_dirs_2019-02-13_9638a308-64c7-42fe-89ca-fd88457a4ee3.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
RNS Number : 8273P
Draper Esprit PLC
13 February 2019
DRAPER ESPRIT PLC
("Draper Esprit" or the "Company")
Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")
Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that options (the "Options") over a total of 535,302 ordinary shares with a nominal value of 1 pence each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company Share Option Plan ("CSOP"), as set out below. The Options have an exercise price of 530p, a performance condition of an 8% per annum share price hurdle and a vesting period of 3 years.
After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:
| PDMR | Options awarded | Total Options | Ordinary Shares |
| Simon Cook | 178,434 | 826,204 | 1,619,306 |
| Stuart Chapman | 178,434 | 826,204 | 1,619,306 |
| Ben Wilkinson | 178,434 | 705,830 | 2,479 |
The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.
ANNEX
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Simon Cook |
| 2 | Reason for the notification | |
| a) | Position / status | CEO |
| b) | Initial notification / amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Draper Esprit PLC |
| b) | LEI | 213800IPCR3SAYJWSW10 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| a) | Description of financial instrument, type of instrument |
Options in respect of the CSOP over ordinary shares of 1p each |
| Identification Code | GB00BY7QYJ50 | |
| b) | Nature of the transaction | Issue of options |
| c) | Price(s) and volume(s) | 178,434 options with an exercise price of 530 pence |
| d) | Aggregated information - Aggregated volume - Price |
n/a |
| e) | Date of the transaction | 12 February 2019 |
| f) | Place of the transaction | London |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Stuart Chapman |
| 2 | Reason for the notification | |
| a) | Position / status | COO |
| b) | Initial notification / amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Draper Esprit PLC |
| b) | LEI | 213800IPCR3SAYJWSW10 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| a) | Description of financial instrument, type of instrument |
Options in respect of the CSOP over ordinary shares of 1p each |
| Identification Code | GB00BY7QYJ50 | |
| b) | Nature of the transaction | Issue of options |
| c) | Price(s) and volume(s) | 178,434 options with an exercise price of 530 pence |
| d) | Aggregated information - Aggregated volume - Price |
n/a |
| e) | Date of the transaction | 12 February 2019 |
| f) | Place of the transaction | London |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ben Wilkinson |
| 2 | Reason for the notification | |
| a) | Position / status | CFO |
| b) | Initial notification / amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Draper Esprit PLC |
| b) | LEI | 213800IPCR3SAYJWSW10 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| a) | Description of financial instrument, type of instrument |
Options in respect of the CSOP over ordinary shares of 1p each |
| Identification Code | GB00BY7QYJ50 | |
| b) | Nature of the transaction | Issue of options |
| c) | Price(s) and volume(s) | 178,434 options with an exercise price of 530 pence |
| d) | Aggregated information - Aggregated volume - Price |
n/a |
| e) | Date of the transaction | 12 February 2019 |
| f) | Place of the transaction | London |
For further information, please contact:
| Draper Esprit plc Simon Cook (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer) |
+44 (0)20 7931 8800 | |
| Numis Securities Nominated Adviser & Joint Broker Alex Ham Richard Thomas Jamie Loughborough |
+44 (0)20 7260 1000 | |
| Goodbody Stockbrokers ESM Adviser & Joint Broker Corporate Finance: Don Harrington / Richard Tunney Corporate Broking: Linda Hickey / Charlotte Craigie |
+44 (0) 20 3128 8570 | |
| MHP Communications (PR) Reg Hoare Pete Lambie Flo Mayo |
+44 (0)20 3128 8570 [email protected] |
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 [email protected] or visit www.rns.com.
END
DSHLFFVLFEIFLIA