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SKL Skillcast Group Plc

32.50
1.50 (4.84%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Skillcast Group Plc LSE:SKL London Ordinary Share GB00BNLXS042 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 4.84% 32.50 32.00 33.00 32.50 31.00 31.00 5,023 11:01:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Schools & Education Svcs,nec 9.83M -412k -0.0046 -70.65 29.07M

Skillcast Group PLC Grant of share options (0109Z)

11/05/2023 7:00am

UK Regulatory


Skillcast (LSE:SKL)
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TIDMSKL

RNS Number : 0109Z

Skillcast Group PLC

11 May 2023

11 May 2023

Skillcast Group plc

("Skillcast", the "Group", or the "Company")

Grant of share options

Skillcast Group plc (AIM: SKL), the provider of content and technology for digital compliance transformation, announces the grant of 1,600,000 share options (the "Options") over ordinary shares of 0.1 pence each ("Ordinary Shares") to a Director and a number of employees of the Company, under the Skillcast Group plc EMI and Non-Qualifying Share Option Plan. The Options have an exercise price of 21 pence per option, being the closing mid-market price of an Ordinary Share on 10 May 2023, the date of the grant.

Of the 1,600,000 Options granted, 920,000 Options have been granted to a director of the Company and persons discharging managerial responsibilities ("PDMRs"), as follows:

 
                                    Existing 
                                     options                           Total 
                               over Ordinary        Number           options     % of current 
                                      Shares    of Options    held following           issued 
 Director/PDMR                          held       granted             grant    share capital 
 Richard Steele (CFO)                360,000       700,000         1,060,000            1.18% 
 MaryAnn DeBattista (Group 
  FC)                                180,000        60,000           240,000            0.27% 
 Sharon Mulligan (Chief 
  People Officer)                     80,000       160,000           240,000            0.27% 
 

The 700,000 Options granted to Richard Steele will vest equally over three years based on continuing service. The remaining 900,000 Options will vest equally over four years based on continuing service.

Of the total 1,600,000 Options granted, 220,000 Options are non-tax advantaged share options over Ordinary Shares to two employees of the Company who are not resident in the UK. The remaining 1,380,000 Options are EMI qualifying options.

Following today's grant of Options, the Company currently has options outstanding over a total of 6,090,000 Ordinary Shares, representing 6.81% of the Company's current issued share capital.

The FCA notifications, made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.

For further information, please contact:

 
 Skillcast Group plc 
  Richard Amos, Chairman 
  Vivek Dodd, CEO                                  +44 (0) 207 929 
  Richard Steele, CFO                               5000 
 Allenby Capital Limited (Nominated Adviser 
  and Broker) 
  James Reeve / Piers Shimwell (Corporate 
  Finance) 
  Jos Pinnington/Tony Quirke (Corporate Broking    +44 (0) 203 328 
  and Sales)                                        5656 
 

About Skillcast Group plc

Skillcast helps companies build ethical, inclusive, and resilient workplaces. It provides content and technology to digitise and streamline compliance processes and manage them from a single compliance portal. Its product range includes a Learning management system with comprehensive off-the-shelf compliance course libraries, a Policy hub, Staff declarations, Anonymous surveys, CPD tracking, and compliance registers for gifts, expenses, PA dealing, whistleblowing.

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 Steele 
     -----------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status          CFO 
     -----------------------  ------------------------------------------ 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                     Skillcast Group plc 
     -----------------------  ------------------------------------------ 
 b)   LEI                      213800OV1WLNFL7YRY20 
     -----------------------  ------------------------------------------ 
 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              Options over ordinary shares of 0.1 
       of the financial         pence each in Skillcast Group plc 
       instrument, 
       type of instrument 
 
       Identification           Identification code (ISIN) for Skillcast 
       code                     Group plc ordinary shares: GB00BNLXS042 
     -----------------------  ------------------------------------------ 
 b)   Nature of the            Grant of options 
       transaction 
     -----------------------  ------------------------------------------ 
 c)   Price(s) and              Price(s)        Volume(s) 
       volume(s)                 21p exercise 
                                  price          700,000 
                                                ---------- 
     -----------------------  ------------------------------------------ 
 d)   Aggregated information 
       - Aggregated              n/a 
       volume                    n/a 
       - Price 
     -----------------------  ------------------------------------------ 
 e)   Date of the              10 May 2023 
       transaction 
     -----------------------  ------------------------------------------ 
 f)   Place of the             Outside a trading venue - grant of 
       transaction              options 
     -----------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     MaryAnn DeBattista 
     -----------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status          Group Financial Controller (PDMR) 
     -----------------------  ------------------------------------------ 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                     Skillcast Group plc 
     -----------------------  ------------------------------------------ 
 b)   LEI                      213800OV1WLNFL7YRY20 
     -----------------------  ------------------------------------------ 
 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              Options over ordinary shares of 0.1 
       of the financial         pence each in Skillcast Group plc 
       instrument, 
       type of instrument 
 
       Identification           Identification code (ISIN) for Skillcast 
       code                     Group plc ordinary shares: GB00BNLXS042 
     -----------------------  ------------------------------------------ 
 b)   Nature of the            Grant of options 
       transaction 
     -----------------------  ------------------------------------------ 
 c)   Price(s) and              Price(s)        Volume(s) 
       volume(s)                 21p exercise 
                                  price          60,000 
                                                ---------- 
     -----------------------  ------------------------------------------ 
 d)   Aggregated information 
       - Aggregated              n/a 
       volume                    n/a 
       - Price 
     -----------------------  ------------------------------------------ 
 e)   Date of the              10 May 2023 
       transaction 
     -----------------------  ------------------------------------------ 
 f)   Place of the             Outside a trading venue - grant of 
       transaction              options 
     -----------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     Sharon Mulligan 
     -----------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status          Chief People Officer (PDMR) 
     -----------------------  ------------------------------------------ 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                     Skillcast Group plc 
     -----------------------  ------------------------------------------ 
 b)   LEI                      213800OV1WLNFL7YRY20 
     -----------------------  ------------------------------------------ 
 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              Options over ordinary shares of 0.1 
       of the financial         pence each in Skillcast Group plc 
       instrument, 
       type of instrument 
 
       Identification           Identification code (ISIN) for Skillcast 
       code                     Group plc ordinary shares: GB00BNLXS042 
     -----------------------  ------------------------------------------ 
 b)   Nature of the            Grant of options 
       transaction 
     -----------------------  ------------------------------------------ 
 c)   Price(s) and              Price(s)        Volume(s) 
       volume(s)                 21p exercise 
                                  price          160,000 
                                                ---------- 
     -----------------------  ------------------------------------------ 
 d)   Aggregated information 
       - Aggregated              n/a 
       volume                    n/a 
       - Price 
     -----------------------  ------------------------------------------ 
 e)   Date of the              10 May 2023 
       transaction 
     -----------------------  ------------------------------------------ 
 f)   Place of the             Outside a trading venue - grant of 
       transaction              options 
     -----------------------  ------------------------------------------ 
 

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May 11, 2023 02:00 ET (06:00 GMT)

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