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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mobile Tornado Group Plc | LSE:MBT | London | Ordinary Share | GB00B01RQV23 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.50 | -16.95% | 2.45 | 2.10 | 2.80 | 3.30 | 2.45 | 2.95 | 1,933,332 | 10:41:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 2.28M | -1.38M | -0.0033 | -7.42 | 10.23M |
TIDMMBT
RNS Number : 5137R
Mobile Tornado Group PLC
01 March 2019
01 March 2019
Mobile Tornado Group plc
("Mobile Tornado", the "Company" or the "Group")
Grant of options
Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces that it has, on 28 February 2019, granted options over 1,000,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") to Abraham ('Avi') Tooba, CEO, pursuant to the Group's Israeli share option plan (the "Options").
The Options have been granted at an exercise price of 5 pence per Ordinary Share and may be exercised from three years up until ten years from the date of grant (save as may be provided under the rules of the share option plan).
Following this award, Avi Tooba holds 4,000,000 Ordinary Shares, representing 1.15% of the issued ordinary share capital, and 8,000,000 options.
In total, following this award, the Company has options in issue over a total of 26,831,866 Ordinary Shares, representing 7.68% of the Company's issued ordinary share capital.
Further detail is set out in the PDMR disclosure table below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Abraham Tooba, Chief Executive -------------------------------- --------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------- a) Position/status See 1 a) above -------------------------------- --------------------------------------- b) Initial notification /Amendment Initial notification -------------------------------- --------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name Mobile Tornado Group plc -------------------------------- --------------------------------------- b) LEI 213800N3WLD78UBKC521 -------------------------------- --------------------------------------- 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 shares of 2p instrument, type of instrument each in Mobile Tornado Group plc Identification code Identification code (ISIN) for Mobile Tornado Group plc ordinary shares: GB00B01RQV23 -------------------------------- --------------------------------------- b) Nature of the transaction Grant of options over new ordinary shares -------------------------------- --------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 5p exercise price 1,000,000 ---------- -------------------------------- --------------------------------------- d) Aggregated information N/A - Aggregated volume - Price -------------------------------- --------------------------------------- e) Date of the transaction 28 February 2019 -------------------------------- --------------------------------------- f) Place of the transaction Outside of a trading venue - grant of options -------------------------------- ---------------------------------------
For further details please contact:
Enquiries:
Mobile Tornado Group plc www.mobiletornado.com Jeremy Fenn, Chairman +44 (0)7734 475 888 Allenby Capital Limited (Nominated Adviser & Broker) James Reeve / Nicholas Chambers +44 (0)20 3328 5656 Walbrook PR Ltd mobiletornado@walbrookpr.com Paul Cornelius / Sam Allen +44 (0)20 7933 8780
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
March 01, 2019 02:01 ET (07:01 GMT)
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