AI assistant
RIVERFORT GLOBAL OPPORTUNITIES PLC Remuneration Information 2021
7882_def-14a_2021-02-12_7ec34bb0-38b5-44da-90e9-de29307def5f.html
Remuneration Information
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 9932O
RiverFort Global Opportunities PLC
12 February 2021
12 February 2021
RiverFort Global Opportunities plc
("RGO" or the "Company")
Issue of options
Director/PDMR Shareholding
RGO is pleased to announce that it has agreed to grant 33.8 million share options under the Company's Share Option Scheme (the "Options") to directors Nicholas Lee and Philip Haydn-Slater. The grant of share options were approved by the Independent Directors of the Board, and in making this award, the Board was conscious that no option awards have been made in recent years notwithstanding the growth in the Company's net assets and improvement in financial performance.
The share option awards are as follows:
Nicholas Lee 16,900,000
Philip Haydn-Slater 16,900,000
Neither Mr Lee, who currently holds 4,601,470 ordinary shares or 0.67% of the issued share capital, nor Mr Haydn Slater, who currently holds 20,000,000 ordinary shares or 2.94% of the issued share capital, have existing share options.
The share options have an exercise price of 1 pence per share and will vest as to 50 per cent. on grant and 50 per cent. upon the Company's volume weighted average share price being 1.5 pence or greater (being 50 per cent. above the Exercise Price) for a period of 10 consecutive days. The options have a 10 year term from 12 February 2021, the date of issue. Following the grant of the share options outlined above, the total share options outstanding will be 33,800,000 representing 4.98% of the Company's 678,933,600 ordinary shares in issue.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For more information please contact:
| RiverFort Global Opportunities plc | +44 20 3368 8978 | |
| Philip Haydn-Slater, Non-executive Chairman | ||
| Nicholas Lee, Investment Director | ||
| Nominated Adviser | +44 20 7628 3396 | |
| Beaumont Cornish | ||
| Roland Cornish/Felicity Geidt | ||
| Joint Broker | +44 20 7186 9950 | |
| Shard Capital Partners LLP | ||
| Damon Heath/ Erik Woolgar | ||
| Joint Broker | +44 20 7562 3351 | |
| Peterhouse Capital Limited | ||
| Lucy Williams |
The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,
Nicholas Lee
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nicholas Lee
2
Reason for notification
a)
Position / status
Investment Director
b)
Initial notification
/Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
RiverFort Global Opportunities plc
b)
LEI
2138005S1G2RM953YX87
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 £0.001 each in RiverFort Global Opportunities plc
ISIN GB0001636918
Nature of the transaction
Issue of Options
c)
Price(s) and volumes(s)
| Exercise Price(s) | Volumes(s) |
| 1 pence | 16,900,000 |
d)
Aggregated information
n/a
e)
Date of the transaction
12 February 2021
f)
Place of the transaction
Off market
The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,
Philip Haydn-Slater
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Philip Haydn-Slater
2
Reason for notification
a)
Position / status
Non-Executive Chairman
b)
Initial notification
/Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
RiverFort Global Opportunities plc
b)
LEI
2138005S1G2RM953YX87
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 £0.001 each in RiverFort Global Opportunities plc
ISIN GB0001636918
Nature of the transaction
Issue of Options
c)
Price(s) and volumes(s)
| Exercise Price(s) | Volumes(s) |
| 1 pence | 16,900,000 |
d)
Aggregated information
n/a
e)
Date of the transaction
12 February 2021
f)
Place of the transaction
Off market
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHBSGDDIBBDGBD