Pelatro PLC Award of Share Options to Director (5013D)

TIDMPTRO

RNS Number : 5013D

Pelatro PLC

31 January 2018

31 January 2018

Pelatro Plc

("Pelatro" or the "Company")

Award of Share Options to Director

Pelatro Plc (AIM: PTRO), the global precision marketing software specialist, announces that the Board has issued options over an aggregate of 24,000 ordinary shares of 2.5 pence each in the Company ("Share Options"), on the recommendation of the Company's Remuneration Committee, as detailed below. The Share Options have been awarded to Richard Day, Chairman of the Company, and they will vest and may be exercised on or after 19 January 2019 at an exercise price of 62.5p per share.

Following the grant of the Share Options, Richard Day is interested in 19,457 Pelatro ordinary shares, representing 0.08 per cent. of the Company's issued share capital and options over a further 24,000 ordinary shares, representing 0.10 per cent. of the Company's current issued share capital.

Enquiries:

 
 Pelatro Plc                                    C/O IFC 
  Subash Menon, Managing Director 
  Nic Hellyer, Finance Director 
 finnCap Limited (Nominated Adviser 
  and Broker) 
  Adrian Hargrave/Giles Rolls/Kate 
  Bannatyne (Corporate Finance) 
  Stephen Norcross / Sultan Awan         [phone] 
  (Corporate Broking)                              0500 
 
   IFC Advisory Limited (Financial 
   PR & IR) 
   Tim Metcalfe / Graham Herring         [phone] 
   / Miles Nolan                                   6630 
 

Notes to Editors

Pelatro provides precision marketing software for use by its customers in B2C applications, with a current focus on providing multi channel campaign management software to Telcos that provides a contextualised, relevant and personalised solution for end users.

Pelatro's precision marketing solution, mViva, uses Big Data analytics to study growing end user data to reveal patterns, trends, associations and key behavioural traits. mViva then applies algorithms to analyse this data and to identify patterns for each end user. Based on this analysis, relevant offers (which can include additional services or customised campaigns) are made to end users through a variety of channels like SMS, email and apps. mViva allows customers to generate smaller relevant segments of end users, which can be as small as one end user. By using mViva's targeted approach, Pelatro's customers have experienced an increase of up to 5 per cent. of annual incremental revenue per end user through the upselling of products.

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                             Richard Day 
---  -------------------------------  ------------------------ 
 2.   Reason for the Notification 
---  --------------------------------------------------------- 
 a)   Position/status                  Chairman 
---  -------------------------------  ------------------------ 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------ 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                             Pelatro plc 
---  -------------------------------  ------------------------ 
 b)   LEI                              213800U45T7TEZX38V60 
---  -------------------------------  ------------------------ 
 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                     Options over ordinary 
       the Financial                       shares of 2.5p 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00BYXH8F66 
       code 
---  -------------------------------  ------------------------ 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------ 
 c)   Price(s) and                      Price(s)    Volume(s) 
       volume(s)                        ----------  ---------- 
                                         N/A         24,000 
                                        ----------  ---------- 
---  -------------------------------  ------------------------ 
 d)   Aggregated information: 
        *    Aggregated volume           See above 
 
 
        *    Price 
---  -------------------------------  ------------------------ 
 e)   Date of the transaction          31 January 2018 
---  -------------------------------  ------------------------ 
 f)   Place of the                     UK 
       transaction 
---  -------------------------------  ------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 31, 2018 07:27 ET (12:27 GMT)