Sopheon PLC Grant of Options / PDMR dealing (5754E)

TIDMSPE

RNS Number : 5754E

Sopheon PLC

12 February 2018

SOPHEON PLC

("Sopheon" or "the Company")

Grant of Options / PDMR dealing

Sopheon announces that the Company has granted options over 65,000 ordinary shares of 20 pence each in the share capital of the Company ("Options") to certain directors. These grants are part of a wider grant of 148,778 Options to certain key executives and departmental managers of the Company.

The Options granted will vest over 3 years, and are exercisable up to 10 years from the date of grant. The exercise price of the Options is 565 pence per share, being the mid-market closing price on AIM on Friday 9 February 2018.

Andrew Michuda has been granted 50,000 Options, and Arif Karimjee has been granted 15,000 Options. Following this grant, Andrew Michuda has 290,000 Options in total, and Arif Karimjee has 90,000.

For further information contact:

 
                                              + 44 (0) 
 Barry Mence, Chairman                         1276 919 
  Arif Karimjee, CFO           Sopheon plc     560 
 Carl Holmes / Giles 
  Rolls (corporate finance) 
  Mia Gardener (corporate                     + 44 (0) 
  broking)                     finnCap Ltd     20 7220 0500 
 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange. For more information, please visit www.sopheon.com

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                             Arif Karimjee 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  PDMR 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Sopheon plc 
---  -------------------------------  ------------------------------- 
 b)   LEI                              213800TA9E6UG2WWG646 
---  -------------------------------  ------------------------------- 
 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 20p 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00BSZM1369 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ---------- 
                                         Exercise price 
                                          565 pence per 
                                          share            15,000 
                                        ----------------  ---------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           Grant of 15,000 options over 
                                         ordinary shares of 20p pence 
                                         at an exercise price of 565 
        *    Price                       pence 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          11 February 2018 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     Outside of trading venue 
       transaction 
---  -------------------------------  ------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 5.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Andrew Michuda 
---  -------------------------------  ------------------------------- 
 6.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  PDMR 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 7.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Sopheon plc 
---  -------------------------------  ------------------------------- 
 b)   LEI                              213800TA9E6UG2WWG646 
---  -------------------------------  ------------------------------- 
 8.   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 20p 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00BSZM1369 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ---------- 
                                         Exercise Price 
                                          565 pence per 
                                          share            50,000 
                                        ----------------  ---------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           Grant of 50,000 options over 
                                         ordinary shares of 20p pence 
                                         at an exercise price of 565 
        *    Price                       pence 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          11 February 2018 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     Outside of trading venue 
       transaction 
---  -------------------------------  ------------------------------- 
 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 12, 2018 04:24 ET (09:24 GMT)