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BRSD Brandshield Systems Plc

3.58
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Brandshield Systems Plc LSE:BRSD London Ordinary Share GB00BM97CN29 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.58 2.50 4.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Brandshield Systems PLC Grant of Options (8345M)

26/05/2022 7:01am

UK Regulatory


Brandshield Systems (LSE:BRSD)
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TIDMBRSD

RNS Number : 8345M

Brandshield Systems PLC

26 May 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

26 May 2022

BrandShield Systems Plc

("BrandShield" or the "Company")

Grant of Options

BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, announces that, on 25 May 2022, it issued options over a total of 4,433,552 ordinary shares of 1p each ("Options") to Directors and Persons Discharging Managerial Responsibilities ("PDMRs"), all at an exercise price of GBP0.08.

BrandShield's Remuneration Committee has recommended the issuance of these Director Options following the announcement of a placing of GBP1m by the Company as notified on 24 May 2022. Since BrandShield was admitted to trading on AIM in December 2020 the senior executive management has delivered significant growth both in terms of customer numbers and Annual Recurring Revenue ("ARR"). Customer numbers have grown from around 70 to over 140 and ARR has increased from $2.87m to around $6m at the time of this announcement. The Remuneration Committee feels strongly that those responsible for such material improvements must remain suitably incentivised to continue delivering growth for the interest of all shareholders.

The 4,433,552 Options will vest equally in monthly instalments over a period between 2 and 4 years.

Details of the Options are outlined below:

 
 Option            No. of Options                      Exercise   Vesting         Vesting Conditions 
  Holder                                                Price      Commencement 
                                                                   Date 
                                                                                  2 years vesting 
                                                                                   in monthly instalments 
                                                                                   plus acceleration 
                                                                                   in the event of 
                                                                                   the change of control 
 Yoav Keren                              1,897,313     GBP0.08    25 May 2022      of the Company 
                  ----------------------------------  ---------  --------------  ------------------------ 
                                                                                  2 years vesting 
                                                                                   in monthly instalments 
                                                                                   plus acceleration 
                                                                                   in the event of 
                                                                                   the change of control 
 Yuval Zantkeren                           1,897,313   GBP0.08    25 May 2022      of the Company 
                  ----------------------------------  ---------  --------------  ------------------------ 
                                                                                  2 years vesting 
                                                                                   in monthly instalments 
                                                                                   plus acceleration 
                                                                                   in the event of 
                                                                                   the change of control 
 Itai Galmor       434,452                             GBP0.08    25 May 2022      of the Company 
                  ----------------------------------  ---------  --------------  ------------------------ 
                                                                                  4 years vesting 
                                                                                   in monthly instalments 
                                                                                   plus acceleration 
                                                                                   in the event of 
                                                                                   the change of control 
 Ravit Freedman    59,000                              GBP0.08    25 May 2022      of the Company 
                  ----------------------------------  ---------  --------------  ------------------------ 
 

A further 145,474 Options have been granted to non-PDMRs on the same terms as those granted to Ravit Freedman.

Enquiries:

 
 BrandShield Systems plc                          +44 (0)20 3143 
  Yoav Keren, CEO                                  8300 
 Spark Advisory Partners Limited (Nominated 
  Adviser)                                        +44 (0)20 3368 
  Neil Baldwin / Andrew Emmott / James Keeshan     3554 
 Shore Capital (Joint Broker) 
  Toby Gibbs / James Thomas / Liam Zabludowicz 
  (Corporate Advisory)                            +44 (0)20 7408 
  Henry Willcocks (Corporate Broking)              4090 
 Tennyson Securities (Joint Broker)               +44 (0)20 3368 
  Peter Krens                                      3554 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Kendall Hill                    +44 (0)20 7390 
  brandshield@vigoconsulting.com                   0237 
 

About BrandShield

BrandShield is a provider of cybersecurity solutions from brand protection to online threat hunting. BrandShield detects online threats and takes them down. The Company's client base is a growing list of organisations including Fortune 500 and FTSE100 companies. By utilising AI and big-data analysis, BrandShield monitors, detects, and removes online threats facing companies. These threats include social phishing, executive impersonation, fraud, brand abuse, and counterfeits.

   For more information, visit   www.brandshield.com . 
 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                            Yoav Keren 
     ------------------------------  --------------------------------------- 
 2    Reason for notification 
     ----------------------------------------------------------------------- 
 a)   Position / status               Director 
     ------------------------------  --------------------------------------- 
 b)   I nitial notification           Initial 
       /Amendment 
     ------------------------------  --------------------------------------- 
 3    Details of t he issu er, e mission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer or 
       auc tion monitor 
     ----------------------------------------------------------------------- 
 a)   Name                            BrandShield Systems Plc 
     ------------------------------  --------------------------------------- 
 b)   LEI                             213800K5AXTQDWB6BP80 
     ------------------------------  --------------------------------------- 
 4    Details of t he t ransact ion (s): section to be re p 
       eated for ( i) e a ch type of instr u m e n t; (ii) each 
       type of transac tion; (iii) each date; and ( iv) each place 
       w h ere transactions have b een condu cted 
     ----------------------------------------------------------------------- 
 a)   Description of the              Ordinary shares of 1p (GBP0.01) each 
       financial instrument,           in the capital of BrandShield Systems 
       t ype of instrument             Plc 
       I d e ntification               ISIN GB00BM97CN29 
       code 
     ------------------------------  --------------------------------------- 
      Nature of the transaction       Grant of options 
     ------------------------------  --------------------------------------- 
      Price(s) and volumes(s)           Price(s)    Volume(s) 
                                         GBP0.08     1,897,313 
                                                    ---------- 
     ------------------------------  --------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     1,897,313 
                                        GBP0.08 
 
             *    Aggregated price 
     ------------------------------  --------------------------------------- 
 e)   Date of the transaction         25 May 2021 
     ------------------------------  --------------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  --------------------------------------- 
 
 
      Details of t he p erson disc harging managerial responsib 
  1    ilities / p erson closely associated 
 a)   Name                            Yuval Zantkeren 
     ------------------------------  ---------------------------------------- 
      Reason for notification 
  2 
     ------------------------------------------------------------------------ 
 a)   Position / status               Director 
     ------------------------------  ---------------------------------------- 
 b)   I nitial notification           Initial 
       /Amendment 
     ------------------------------  ---------------------------------------- 
      Details of t he issu er, e mission allow a n ce m a r k 
  3    et participan t, au ct ion plat for m, au ction eer or auc 
       tion monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            BrandShield Systems Plc 
     ------------------------------  ---------------------------------------- 
 b)   LEI                             213800K5AXTQDWB6BP80 
     ------------------------------  ---------------------------------------- 
      Details of t he t ransact ion (s): section to be re p eated 
  4    for ( i) e a ch type of instr u m e n t; (ii) each type of 
       transac tion; (iii) each date; and ( iv) each place w h ere 
       transactions have b een condu cted 
     ------------------------------------------------------------------------ 
 a)   Description of the              Ordinary shares of 1p (GBP0.01) each in 
       financial instrument,           the capital of BrandShield Systems Plc 
       t ype of instrument             ISIN GB00BM97CN29 
       I d e ntification 
       code 
     ------------------------------  ---------------------------------------- 
      Nature of the transaction       Grant of options 
     ------------------------------  ---------------------------------------- 
      Price(s) and volumes(s)          Price(s)    Volume(s) 
                                        GBP0.08     1,897,313 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     1,897,313 
                                        GBP0.08 
 
             *    Aggregated price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         25 May 2021 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  ---------------------------------------- 
 
 
      Details of t he p erson disc harging managerial responsib 
  1    ilities / p erson closely associated 
 a)   Name                        Itai Galmor 
     --------------------------  ---------------------------------------- 
      Reason for notification 
  2 
     -------------------------------------------------------------------- 
 a)   Position / status           PDMR 
     --------------------------  ---------------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ---------------------------------------- 
      Details of t he issu er, e mission allow a n ce m a r k 
  3    et participan t, au ct ion plat for m, au ction eer or auc 
       tion monitor 
     -------------------------------------------------------------------- 
 a)   Name                        BrandShield Systems Plc 
     --------------------------  ---------------------------------------- 
 b)   LEI                         213800K5AXTQDWB6BP80 
     --------------------------  ---------------------------------------- 
      Details of t he t ransact ion (s): section to be re p eated 
  4    for ( i) e a ch type of instr u m e n t; (ii) each type of 
       transac tion; (iii) each date; and ( iv) each place w h ere 
       transactions have b een condu cted 
     -------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p (GBP0.01) each in 
       financial instrument,       the capital of BrandShield Systems Plc 
       t ype of instrument         ISIN GB00BM97CN29 
       I d e ntification 
       code 
     --------------------------  ---------------------------------------- 
      Nature of the transaction   Grant of options 
     --------------------------  ---------------------------------------- 
      Price(s) and volumes(s)      Price(s)    Volume(s) 
                                    GBP0.08     434,452 
                                               ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          434,452 
       - Aggregated price           GBP0.08 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     25 May 2021 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ---------------------------------------- 
 
 
      Details of t he p erson disc harging managerial responsib 
  1    ilities / p erson closely associated 
 a)   Name                        Ravit Freedman 
     --------------------------  ---------------------------------------- 
      Reason for notification 
  2 
     -------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  ---------------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ---------------------------------------- 
      Details of t he issu er, e mission allow a n ce m a r k 
  3    et participan t, au ct ion plat for m, au ction eer or auc 
       tion monitor 
     -------------------------------------------------------------------- 
 a)   Name                        BrandShield Systems Plc 
     --------------------------  ---------------------------------------- 
 b)   LEI                         213800K5AXTQDWB6BP80 
     --------------------------  ---------------------------------------- 
      Details of t he t ransact ion (s): section to be re p eated 
  4    for ( i) e a ch type of instr u m e n t; (ii) each type of 
       transac tion; (iii) each date; and ( iv) each place w h ere 
       transactions have b een condu cted 
     -------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p (GBP0.01) each in 
       financial instrument,       the capital of BrandShield Systems Plc 
       t ype of instrument         ISIN GB00BM97CN29 
       I d e ntification 
       code 
     --------------------------  ---------------------------------------- 
      Nature of the transaction   Grant of options 
     --------------------------  ---------------------------------------- 
      Price(s) and volumes(s)      Price(s)    Volume(s) 
                                    GBP0.08     59,000 
                                               ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          59,000 
       - Aggregated price           GBP0.08 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     25 May 2021 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ---------------------------------------- 
 

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