Red Leopard Holdings PLC Issue of Options (6567Y)

TIDMRLH

RNS Number : 6567Y

Red Leopard Holdings PLC

06 March 2017

6 March 2017

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

GRANT OF OPTIONS

Red Leopard announces the grant of a total of 12,495,406 options under the Company's 2013 Unapproved Share Option Scheme ("the Options") to existing directors and consultants of the Company. Of the 22,495,406 option pool representing 10% of the issued share capital as at 5 March 2013 and enlarged as at September 2013, the Options were allocated previously, but not issued until today.

The Options vest as follows: (a) 50% shall vest when the Company's share price reaches 0.4 pence per share or above for a continuous period of 30 trading days; and (b) 50% shall vest when the Company's share price reaches 0.6 pence or above for the same period. The Options have an exercise price of 0.1 pence per share and are exercisable for a period of 2 years from the relevant vesting date.

Having been previously allocated, 4,247,703 Options have been issued to John May, Chairman, and are held through his Self-Invested Personal Pension (SIPP), 4,247,703 options have been issued to Stuart Adam, Finance Director, and 4,000,000 options have been issued to Amala Management Limited, an independent consultant to the Company. Accordingly, the Directors are now interested in the following holdings in the Company:

 
 Director       Ordinary Shares   % of Issued      Options held 
                 held              Share Capital 
-------------  ----------------  ---------------  ------------- 
 
 John May       77,141,238        9.22             4,247,703 
-------------  ----------------  ---------------  ------------- 
 Stuart Adam    57,947,222        6.93             4,247,703 
-------------  ----------------  ---------------  ------------- 
 

The balance of 10,000,000 options remains available for new directors.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 
 Enquiries: 
 
  Red Leopard Holdings PLC 
 John May, Chairman              Tel: +44 (0) 207 
                                  917 6826 
 Beaumont Cornish Limited        Tel: +44 (0) 207 
                                  628 3396 
 Roland Cornish 
 James Biddle 
 
  Peterhouse Corporate Finance     Tel: [phone] 
  Limited (Broker)                 0930 
  Lucy Williams 
  Eran Zucker 
 

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:                              John May (held 
                                          through his Self 
                                          Invested Pension 
                                          Scheme) 
---  ---------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------------------- 
 a)   Position/status:                   Chairman 
---  ---------------------------------  ---------------------------------------- 
 b)   Initial notification/Amendment:    Initial notification 
---  ---------------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------- 
 a)   Name:                              Red Leopard Holdings 
                                          plc 
---  ---------------------------------  ---------------------------------------- 
 b)   LEI:                                 2138006RKDK7AXNSM355 
---  ---------------------------------  ---------------------------------------- 
 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 over Ordinary 
       instrument, type of instrument:    shares of 0.1p 
       Identification code:               each 
                                          GB00B4JXWP66 
---  ---------------------------------  ---------------------------------------- 
 b)   Nature of the transaction:         Issue of options 
---  ---------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s):              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            nil         4,247,703 
                                           ----------  ---------- 
---  ---------------------------------  ---------------------------------------- 
 d)   Aggregated information:            Single transaction 
       Aggregated volume:                 as in 4 c) above Price(s)    Volume(s) 
       Price:                             ----------  ---------- 
                                           nil         4,247,703 
                                          ----------  ---------- 
---  ---------------------------------  ---------------------------------------- 
 e)   Date of the transaction:           3 March 2017 
                                          16.00pm GMT 
---  ---------------------------------  ---------------------------------------- 
 f)   Place of the transaction:          Outside a trading 
                                          venue 
---  ---------------------------------  ---------------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------------- 
 a)   Name:                              Stuart Adam 
---  ---------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------------------- 
 a)   Position/status:                   Director 
---  ---------------------------------  ---------------------------------------- 
 b)   Initial notification/Amendment:    Initial notification 
---  ---------------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------- 
 a)   Name:                              Red Leopard Holdings 
                                          plc 
---  ---------------------------------  ---------------------------------------- 
 b)   LEI:                                 2138006RKDK7AXNSM355 
---  ---------------------------------  ---------------------------------------- 
 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 over Ordinary 
       instrument, type of instrument:    shares of 0.1p each 
       Identification code:               GB00B4JXWP66 
---  ---------------------------------  ---------------------------------------- 
 b)   Nature of the transaction:         Issue of options 
---  ---------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s):              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            nil         4,247,703 
                                           ----------  ---------- 
---  ---------------------------------  ---------------------------------------- 
 d)   Aggregated information:            Single transaction 
       Aggregated volume:                 as in 4 c) above Price(s)    Volume(s) 
       Price:                             ----------  ---------- 
                                           nil         4,247,703 
                                          ----------  ---------- 
---  ---------------------------------  ---------------------------------------- 
 e)   Date of the transaction:           3 March 2017 
                                          16.00pm GMT 
---  ---------------------------------  ---------------------------------------- 
 f)   Place of the transaction:          Outside a trading 
                                          venue 
---  ---------------------------------  ---------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 06, 2017 10:51 ET (15:51 GMT)