Draper Esprit PLC Grant of Options and dealings by PDMRs (6405G)

TIDMGROW

RNS Number : 6405G

Draper Esprit PLC

27 July 2021

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")

Draper Esprit PLC (LSE: GROW, Euronext Dublin: GRW) , a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that a one off grant of options (the "Options") over a total of 3,044 ordinary shares with a nominal value of 1p each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company's new CSOP ("CSOP"), as set out below.

The Options awarded under the CSOP have a nominal value exercise of 1p price and will vest on the first anniversary of grant. A summary of the Options and the CSOP are set out in the Company's prospectus published on 19 July 2021, a copy of which is available at www.draperesprit.com .

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

 
 PDMR              Options awarded   Total Options   Ordinary Shares 
 Stuart Chapman              1,522         985,559         1,046,306 
                  ----------------  --------------  ---------------- 
 Ben Wilkinson               1,522         510,577            12,225 
                  ----------------  --------------  ---------------- 
 

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.

ANNEX

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                   Stuart Chapman 
     -------------------------------------  ------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status                      Chief Portfolio Officer 
     -------------------------------------  ------------------------------------- 
 b)   Initial notification / amendment       Initial notification 
     -------------------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                                   Draper Esprit plc 
     -------------------------------------  ------------------------------------- 
 b)   LEI                                    213800IPCR3SAYJWSW10 
     -------------------------------------  ------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; (iv) each place where transactions have been conducted 
     ---------------------------------------------------------------------------- 
 a)   Description of financial instrument,   Options in respect of the CSOP over 
       type of instrument                     ordinary shares of 1p each 
     -------------------------------------  ------------------------------------- 
      Identification Code                    GB00BY7QYJ50 
     -------------------------------------  ------------------------------------- 
 b)   Nature of the transaction              Issue of options 
     -------------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                 1,522 options with an exercise price 
                                              of one pence 
     -------------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume            n/a 
 
 
             *    Price 
     -------------------------------------  ------------------------------------- 
 e)   Date of the transaction                26 July 2021 
     -------------------------------------  ------------------------------------- 
 f)   Place of the transaction               Outside a trading venue 
     -------------------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                   Ben Wilkinson 
     -------------------------------------  ------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status                      CFO 
     -------------------------------------  ------------------------------------- 
 b)   Initial notification / amendment       Initial notification 
     -------------------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                                   Draper Esprit plc 
     -------------------------------------  ------------------------------------- 
 b)   LEI                                    213800IPCR3SAYJWSW10 
     -------------------------------------  ------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; (iv) each place where transactions have been conducted 
     ---------------------------------------------------------------------------- 
 a)   Description of financial instrument,   Options in respect of the CSOP over 
       type of instrument                     ordinary shares of 1p each 
     -------------------------------------  ------------------------------------- 
      Identification Code                    GB00BY7QYJ50 
     -------------------------------------  ------------------------------------- 
 b)   Nature of the transaction              Issue of options 
     -------------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                 1,522 options with an exercise price 
                                              of one pence 
     -------------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                       n/a 
 
 
             *    Price 
     -------------------------------------  ------------------------------------- 
 e)   Date of the transaction                26 July 2021 
     -------------------------------------  ------------------------------------- 
 f)   Place of the transaction               Outside a trading venue 
     -------------------------------------  ------------------------------------- 
 

For further information, please contact:

 
 Draper Esprit plc 
  Martin Davis (Chief Executive Officer) 
  Ben Wilkinson (Chief Financial 
  Officer)                                  [phone] 
 Numis Securities 
  Joint Financial Adviser and Corporate 
  Broker 
  Simon Willis 
  Richard Thomas 
  Jamie Loughborough                        [phone] 
 Goodbody Stockbrokers 
  Joint Financial Adviser and Corporate 
  Broker, Euronext Dublin Sponsor 
  Don Harrington 
  Charlotte Craigie 
  Linda Clarke                              [phone] 
 Powerscourt 
  Public relations 
  Elly Williamson                           [phone] / 
  Jane Glover                                [phone] 
 

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July 27, 2021 08:11 ET (12:11 GMT)