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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mind Gym Plc | LSE:MIND | London | Ordinary Share | GB00BF3SQB83 | ORD 0.001P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 40.00 | 38.00 | 42.00 | 40.00 | 40.00 | 40.00 | 6,114 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Schools & Education Svcs,nec | 55.01M | 2.94M | 0.0293 | 13.65 | 40.08M |
TIDMMIND
RNS Number : 4420T
Mind Gym PLC
20 March 2023
20 March 2023
Mind Gym plc
("Mind Gym" or the "Company")
Grant of award under the Long Term Incentive Plan
Mind Gym (AIM: MIND) announces that on 21 July 2022, Dominic Neary, Chief Financial Officer and a Director of the Company, was awarded 183,333 nil-cost options over ordinary shares of 0.001 pence each in the Company under the Company's Long Term Incentive Plan ("LTIP"). In accordance with the LTIP rules, such award has a vesting period between three and five years and is exercisable up to the tenth anniversary of the award date or earlier if the Board decides otherwise. Vesting is subject to performance conditions, which have been set based on revenue (75% of the award) and earnings before interest, tax, depreciation and amortisation ("EBITDA") (25% of the award).
The details of the award are set out below:
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Dominic Neary --------------------------- -------------------------------------- 2 Reason for the notification ------------------------------------------------------------------- a) Position/status Chief Financial Officer --------------------------- -------------------------------------- b) Is this an initial Initial notification notification or an amendment to a prior notification? --------------------------- -------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Mind Gym plc --------------------------- -------------------------------------- b) LEI 213800ER1PA5QSNKIL80 --------------------------- -------------------------------------- 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, Ordinary Shares of 0.001 pence each type of instrument ISIN: GB00BF3SQB83 Identification code --------------------------- -------------------------------------- b) Nature of the transaction Grant of nil-cost options under the Long-Term Incentive Plan (LTIP) --------------------------- -------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) Nil 183,333 ---------- --------------------------- -------------------------------------- d) Aggregated information (if any) N/A - single transaction - Aggregated volume - Price --------------------------- -------------------------------------- e) Date of transaction 21 July 2022 --------------------------- -------------------------------------- f) Place of the transaction Outside a trading venue --------------------------- --------------------------------------
Enquiries
Mind Gym plc +44 (0) 20 7376 0626 Dominic Neary (CFO) investors@themindgym.com Liberum (Nominated Adviser and Broker) +44 (0) 20 3100 2000 Nick How Edward Mansfield Cara Murphy MHP +44 (0) 20 3128 8004 Reg Hoare Katie Hunt Veronica Farah mindgym@mhpgroup.com
About Mind Gym
Mind Gym is a company that delivers business improvement solutions using scalable, proprietary products which are based on behavioural science. The Group operates in three global markets: business transformation, human capital management and learning & development.
Mind Gym is listed on the London Stock Exchange Alternative Investment Market (ticker: MIND) and headquartered in London. The business has offices in London, New York and Singapore.
Further information is available at www.themindgym.com
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(END) Dow Jones Newswires
March 20, 2023 03:00 ET (07:00 GMT)
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