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SCH Safecharge International Group Limited

435.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

SafeCharge International Group Ltd Grant of Awards (3737T)

11/10/2017 6:03pm

UK Regulatory


Safecharge (LSE:SCH)
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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

END

DSHFFFFWFFWSESS

(END) Dow Jones Newswires

October 11, 2017 13:03 ET (17:03 GMT)

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