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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mysquar | LSE:MYSQ | London | Ordinary Share | VGG6361G1072 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.29 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMMYSQ
RNS Number : 0493W
MySQUAR Limited
06 February 2017
06.02.2017
MySQUAR Limited ("MySQUAR" or the "Company")
ESOP and Grant of Options
The Company announces that further to details included in paragraph 19, Part I of the Company's AIM Admission Document and in addition to existing granted share options, it has established an ESOP with options over a pool of up to 7,137,819 ordinary share of no par value in the capital of the Company ("Ordinary Shares") ("ESOP Shares"), equivalent to approximately 2.75% of the current shares in issue (and 2.72% of the shares in issue following the exercise of share options as set out below), for the benefit of key employees and directors based on their performance in 2016.
The strike price of these options is 2.4p for employees, 3.5p for executive directors and 10p for a non-executive director, with a term of five years subject to immediate vesting. All of the granted options are subject to orderly market conditions for 6 months following exercise. Three directors of the Company, Eric Alfred Schaer, Pham Dang Hung and Ross David Marsh, were included in the award.
In addition David Serge Rossellat, Chief Technology Officer (CTO), exercised 2,395,978 existing share options at GBP0.00001 per share as per his Share Option Grant Agreement dated 10 May 2015.
Details of outstanding share options following the award and exercise for the CTO and directors are set out below. This excludes employees that have received a one-time share option award to date.
Hot Features
Premium
Employee Total No. Existing Options New Share
of Ordinary Options
Shares Subject
to Share
Options
No. Exercise No. Exercise
Price Price
(p) (p)
David Serge
Rossellat 1,453,183 703,183 0.00001 750,000 2.4
Eric Alfred
Schaer 3,916,665 1,916,665 10.0 2,000,000 3.5
Pham Dang
Hung 3,916,665 1,916,665 10.0 2,000,000 3.5
Ross David
Marsh 1,846,152 958,333 10.0 887,819 10.0
Following the grant of these options and the exercise of David Serge Rossellat's share options, the Company now has a total of 13,997,151 share options outstanding representing approximately 5.34% of the enlarged issued share capital.
Application will be made for the ordinary shares being issued as a result of the option exercise, which will rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM. It is expected that admission will become effective and that trading in the Conversion Shares will commence on or around 10 February 2017 ('Admission').
In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that following Admission it will have 262,145,684 Ordinary Shares in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 262,145,684.
The above figure of 262,145,684 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information:
MySQUAR Limited
Eric Schaer (Chief Executive) Tel: +65 6818
6089
Pham Dang Hung (CFO)
SP Angel Corporate Finance
LLP
Nominated Adviser
Stuart Gledhill/Laura Tel: +44 (0)
Harrison 203 470 0470
Beaufort Securities Limited
Joint Broker
Jon Belliss/Elliot Hance Tel: +44 (0) 207
382 8300
Mirabaud Securities LLP
Joint Broker
Edward Haig-Thomas/Peter
Krens Tel: +44 (0)20
7878 3447
Public Relations Tel: +44 (0) 7816
Damien McCrystal 770 758
damien@mccrystal.info
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1. Details of the person discharging managerial
responsibilities/person closely associated
--- -----------------------------------------------------------------------------
a) Name: David Serge Rossellat
--- --------------------------------- ------------------------------------------
2. Reason for the notification
--- -----------------------------------------------------------------------------
a) Position/status: Chief Technology
Officer
--- --------------------------------- ------------------------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- ------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------
a) Name: MySQUAR Limited
--- --------------------------------- ------------------------------------------
b) LEI: 213800KAO3ZI9LZJ4174
--- --------------------------------- ------------------------------------------
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 Ordinary shares
instrument, type of instrument: of no par value
Identification code: VGG6361G1072
--- --------------------------------- ------------------------------------------
b) Nature of the transaction: Exercise of options
--- --------------------------------- ------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------ ----------
GBP0.00001 2,395,978
------------ ----------
--- --------------------------------- ------------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ------------ ----------
GBP0.00001 2,395,978
--- --------------------------------- ------------------------------------------
e) Date of the transaction: 2 February 2017
10am GMT
--- --------------------------------- ------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------- ------------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------------------
a) Name: David Serge Rossellat
--- --------------------------------- -----------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position/status: Chief Technology
Officer
--- --------------------------------- -----------------------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------------
a) Name: MySQUAR Limited
--- --------------------------------- -----------------------------------------
b) LEI: 213800KAO3ZI9LZJ4174
--- --------------------------------- -----------------------------------------
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 Options of ordinary
instrument, type of instrument: shares of no
Identification code: par value
VGG6361G1072
--- --------------------------------- -----------------------------------------
b) Nature of the transaction: Issue of of options
--- --------------------------------- -----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
----------- ----------
2.4 pence 750,000
----------- ----------
--- --------------------------------- -----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ----------- ----------
2.4 pence 750,000
--- --------------------------------- -----------------------------------------
e) Date of the transaction: 2 February 2017
10am GMT
--- --------------------------------- -----------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------- -----------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------------------
a) Name: Eric Alfred Schaer
--- --------------------------------- -----------------------------------------
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: MySQUAR Limited
--- --------------------------------- -----------------------------------------
b) LEI: 213800KAO3ZI9LZJ4174
--- --------------------------------- -----------------------------------------
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 Options of ordinary
instrument, type of instrument: shares of no
Identification code: par value
VGG6361G1072
--- --------------------------------- -----------------------------------------
b) Nature of the transaction: Issue of options
--- --------------------------------- -----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
----------- ----------
3.5 pence 2,000,000
----------- ----------
--- --------------------------------- -----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ----------- ----------
3.5 pence 2,000,000
--- --------------------------------- -----------------------------------------
e) Date of the transaction: 2 February 2017
10am GMT
--- --------------------------------- -----------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------- -----------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------------------
a) Name: Pham Dang Hung
--- --------------------------------- -----------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position/status: COO/CFO
--- --------------------------------- -----------------------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------------
a) Name: MySQUAR Limited
--- --------------------------------- -----------------------------------------
b) LEI: 213800KAO3ZI9LZJ4174
--- --------------------------------- -----------------------------------------
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 Options of ordinary
instrument, type of instrument: shares of no
Identification code: par value
VGG6361G1072
--- --------------------------------- -----------------------------------------
b) Nature of the transaction: Issue of options
--- --------------------------------- -----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
----------- ----------
3.5 pence 2,000,000
----------- ----------
--- --------------------------------- -----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ----------- ----------
3.5 pence 2,000,000
--- --------------------------------- -----------------------------------------
e) Date of the transaction: 2 February 2017
10am GMT
--- --------------------------------- -----------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------- -----------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------------------------
a) Name: Ross David Marsh
--- --------------------------------- ----------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------------
a) Position/status: Non-Executive
Director
--- --------------------------------- ----------------------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------
a) Name: MySQUAR Limited
--- --------------------------------- ----------------------------------------
b) LEI: 213800KAO3ZI9LZJ4174
--- --------------------------------- ----------------------------------------
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 Options of ordinary
instrument, type of instrument: shares of no
Identification code: par value
VGG6361G1072
--- --------------------------------- ----------------------------------------
b) Nature of the transaction: Issue of options
--- --------------------------------- ----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------ ----------
10.0 pence 887,819
------------ ----------
--- --------------------------------- ----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ---------- ----------
10.0
pence 887,819
--- --------------------------------- ----------------------------------------
e) Date of the transaction: 2 February 2017
10am GMT
--- --------------------------------- ----------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------- ----------------------------------------
The company news service from the London Stock Exchange
END
DSHTAMITMBJMBRR
(END) Dow Jones Newswires
February 06, 2017 02:00 ET (07:00 GMT)
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