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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Safecharge International Group Limited | LSE:SCH | London | Ordinary Share | GG00BYMK4250 | ORD USD0.0001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 435.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSCH
RNS Number : 3737T
SafeCharge International Group Ltd
11 October 2017
SafeCharge International Group Limited
("SafeCharge" or the "Company")
Grant of Awards under the Company's Long Term Incentive Plan 2016
On 9 October 2017, the Company's executive directors were granted nil cost option awards over ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 (the "Plan") as noted below:
Executive Directors Number of Shares under Award --------------------- ----------------------- David Avgi* 282,256 --------------------- ----------------------- Tsach Einav 150,778 --------------------- ----------------------- Yuval Ziv 112,577 --------------------- -----------------------
*The award has been granted to Foxberry Limited, Foxberry Limited is ultimately owned by a trust, the beneficiary of which is David Avgi
Subject to the terms of the Plan, the awards granted will ordinarily vest and become exercisable from 1 March 2020, subject to the grantee's continued service and to the extent to which Adjusted EBITDA performance criteria are met over a measurement period comprising three financial years of the Company commencing with the current financial year.
Once exercisable, an award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the awards.
No consideration was paid for the grant of the awards and no consideration is due on the vesting and/or exercise of the awards.
The Company was notified of the above transactions on 9 October 2017.
- Ends -
Enquiries
SafeCharge International Group Limited David Avgi, Chief Executive Officer Tsach Einav, Chief Financial Officer c/o FTI Consulting +44 (0) 20 3727 1725 Jean Beaubois, Head of Investor Relations +44 (0) 7826 936619 Shore Capital Mark Percy Toby Gibbs +44 (0) 20 7408 4090 FTI Consulting Matthew O'Keeffe Rob Mindell +44 (0) 20 3727 1725
About SafeCharge
SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omni--channel payments services from card acquiring and issuance to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the London Stock Exchange AIM market since 2014.
www.safecharge.com
This information set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities / person closely associated --- -------------------------------------------------------------------- a) Name David Avgi The award has been granted to Foxberry Limited, Foxberry Limited is ultimately owned by a trust, the beneficiary of which is David Avgi --- ------------------------ ------------------------------------------ 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 SafeCharge International Group Limited --- ------------------------ ------------------------------------------ b) LEI N/A --- ------------------------ ------------------------------------------ 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 Ordinary shares of US$0.0001 value instrument, type of instrument GG00BYMK4250 Identification code --- ------------------------ ------------------------------------------ b) Nature of the Grant of nil cost option awards over transaction ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 --- ------------------------ ------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) ---------- ---------- Nil cost 282,256 ---------- ---------- --- ------------------------ ------------------------------------------ d) Aggregated information - Aggregated 282,256 volume Nil cost - Price --- ------------------------ ------------------------------------------ e) Date of the transaction 9 October 2017 --- ------------------------ ------------------------------------------ f) Place of the Guernsey transaction --- ------------------------ ------------------------------------------ 1 Details of the person discharging managerial responsibilities / person closely associated --- -------------------------------------------------------------------- a) Name Tsach Einav --- ------------------------ ------------------------------------------ 2 Reason for the notification --- -------------------------------------------------------------------- a) Position/status Chief Financial Officer --- ------------------------ ------------------------------------------ b) Initial notification Initial notification /Amendment --- ------------------------ ------------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- -------------------------------------------------------------------- a) Name SafeCharge International Group Limited --- ------------------------ ------------------------------------------ b) LEI N/A --- ------------------------ ------------------------------------------ 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 Ordinary shares of US$0.0001 value instrument, type of instrument GG00BYMK4250 Identification code --- ------------------------ ------------------------------------------ b) Nature of the Grant of nil cost option awards over transaction ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 --- ------------------------ ------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) ---------- ---------- Nil cost 150,778 ---------- ---------- --- ------------------------ ------------------------------------------ d) Aggregated information - Aggregated 150,778 volume Nil cost - Price --- ------------------------ ------------------------------------------ e) Date of the transaction 9 October 2017 --- ------------------------ ------------------------------------------ f) Place of the Guernsey transaction --- ------------------------ ------------------------------------------ 1 Details of the person discharging managerial responsibilities / person closely associated --- -------------------------------------------------------------------- a) Name Yuval Ziv --- ------------------------ ------------------------------------------ 2 Reason for the notification --- -------------------------------------------------------------------- a) Position/status Chief Operating Officer --- ------------------------ ------------------------------------------ b) Initial notification Initial notification /Amendment --- ------------------------ ------------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- -------------------------------------------------------------------- a) Name SafeCharge International Group Limited
--- ------------------------ ------------------------------------------ b) LEI N/A --- ------------------------ ------------------------------------------ 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 Ordinary shares of US$0.0001 value instrument, type of instrument GG00BYMK4250 Identification code --- ------------------------ ------------------------------------------ b) Nature of the Grant of nil cost option awards over transaction ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 --- ------------------------ ------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) ---------- ---------- Nil cost 112,577 ---------- ---------- --- ------------------------ ------------------------------------------ d) Aggregated information - Aggregated 112,577 volume Nil cost - Price --- ------------------------ ------------------------------------------ e) Date of the transaction 9 October 2017 --- ------------------------ ------------------------------------------ f) Place of the Guernsey transaction --- ------------------------ ------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
October 11, 2017 13:03 ET (17:03 GMT)
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