mporium Group PLC Grant of options (7650F)

TIDMMPM

RNS Number : 7650F

mporium Group PLC

23 February 2018

23 February 2018

Mporium Group plc

("Mporium" or the "Company")

Grant of options

Mporium Group PLC (AIM: MPM), the technology firm delivering event-driven marketing, announces that on 23 February 2018 Nelius De Groot, Chief Executive Officer of the Company, was granted an option over 8,000,000 ordinary shares of 0.5 pence each in the share capital of the Company ("Share Option") exercisable at a price of 8 pence per ordinary share, being the closing mid-market price on the trading day prior to the grant.

The Share Option, which has been granted under the Company's existing employee share option scheme and has a 10-year life, will vest in three equal tranches over the next three years on 23 February 2019, 23 February 2020 and 23 February 2021. Such vestings will, however, normally be conditional on continued employment.

Following this grant, Nelius De Groot's interest in options over ordinary shares in the Company totals 20,771,588. Nelius also holds 9,277,633 ordinary shares, representing 1.58 per cent. of the issued share capital of Mporium.

Enquiries

 
Mporium:                 020 3841 8411 
Barry Moat, Executive 
 Chairman 
 
N+1 Singer:              020 7496 3000 
Mark Taylor 
 Michael Taylor 
 Alex Laughton-Scott 
 
Alma PR:                 020 3865 9668 
Rebecca Sanders-Hewett 
 Josh Royston 
Susie Hudson 
 

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                         Nelius De Groot 
---  ---------------------------  ----------------------------- 
 2    Reason for the 
       notification 
---  ---------------------------  ----------------------------- 
 a)   Position/status              Chief Executive Officer 
---  ---------------------------  ----------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
---  ---------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                         Mporium Group plc 
---  ---------------------------  ----------------------------- 
 b)   LEI                          213800MW95OGF7DIUO37 
---  ---------------------------  ----------------------------- 
 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               Ordinary shares of 0.5p each 
       the financial instrument,    ("Ordinary Shares") 
       type of instrument 
 
       Identification 
       code                         ISIN Code: GB00BGDW0L56 
---  ---------------------------  ----------------------------- 
 b)   Nature of the transaction    Grant of Option 
---  ---------------------------  ----------------------------- 
 c)   Price(s) and volume(s) 
                                       Price(s): Volume(s): 
 
                                       8 pence 8,000,000 
---  ---------------------------  ----------------------------- 
      Aggregated information       N/A 
 
 
        *    Aggregated volume 
 
 
 
 
        *    Price 
---  ---------------------------  ----------------------------- 
 e)   Date of the transaction      23/02/2018 
---  ---------------------------  ----------------------------- 
 f)   Place of the transaction     London Stock Exchange 
---  ---------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 23, 2018 03:31 ET (08:31 GMT)