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SYME Supply@me Capital Plc

0.0355
0.00025 (0.71%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supply@me Capital Plc LSE:SYME London Ordinary Share GB00BFMDJC60 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00025 0.71% 0.0355 0.033 0.0378 0.037 0.03 0.03 250,105,641 16:35:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 767k -9.88M -0.0002 -2.00 24.49M

Supply @ME Capital PLC Grant of Awards under Long Term Incentive Plan (9984E)

02/11/2022 7:01am

UK Regulatory


Supply@me Capital (LSE:SYME)
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From Mar 2022 to Mar 2024

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TIDMSYME

RNS Number : 9984E

Supply @ME Capital PLC

02 November 2022

2 November 2022

Supply@ME Capital plc

(the " Company ", " Supply@ME " or " SYME ")

Grant of Awards under the Supply@ME Long Term Incentive Plan

SYME, the fintech business which provides an innovative fintech platform ("Platform") for use by manufacturing and trading companies to access Inventory Monetisation(c) solutions enabling their businesses to generate cashflow , announces that, following approval from the Company's board of directors (the "Board" or "Directors") and remuneration committee of the Board, on 31 October 2022 awards in the form of nominal-cost share options ("Awards") over 897,424,157 ordinary shares of nominal value 0.002 pence each in the capital of the Company ("Ordinary Shares") were granted under the Supply@ME Long Term Incentive Plan (the "LTIP") to certain of the Company's executives and senior management.

The Awards granted include those made to the following Director and person discharging managerial responsibilities ("PDMR"):

 
 Name                  Position                    Number of Ordinary Shares 
                                                          under Award 
                       Chief Executive Officer; 
 Alessandro Zamboni     Executive Director                258,750,000 
                      --------------------------  -------------------------- 
                       Chief Financial Officer; 
 Amy Benning            PDMR                              187,500,000 
                      --------------------------  -------------------------- 
 

Pursuant to the terms of the LTIP the Awards will normally become exercisable on 31 October 2025.

Awards may become exercisable subject to continued employment and the achievement of an absolute Total Shareholder Return performance condition measured over a three-year performance period over the 2022, 2023 and 2024 financial years (as set out in SYME's 2021 Annual Report and Accounts).

The Award granted to the Chief Executive Officer is additionally subject to a two-year holding period following the vesting date.

Enquiries:

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com

Media:

Nicola Louis, MHP, Nicola.Louis@mhpc.com

The information set out below is provided in accordance with the requirements of Article 19(3) of Regulation 2014/596/EU, which is part of the domestic law of the United Kingdom of Great Britain and Northern Ireland pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310).

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                                             1. Alessandro Zamboni 
                                                                        2. Amy Benning 
     ------------------------------------------------------------  -------------------------------------------------- 
 2    Reason for notification 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                                  1. Chief Executive Officer; Executive Director 
                                                                        2. Chief Financial Officer; PDMR 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   Initial notification/Amendment                                Initial notification 
     ------------------------------------------------------------  -------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Supply@ME Capital plc 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   LEI                                                           213800ZY2C2TI2C5WQ61 
     ------------------------------------------------------------  -------------------------------------------------- 
 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 instrument, type of instrument   Ordinary shares of nominal value 0.002p 
       Identification code                                           each in the capital of Supply@Me Capital 
                                                                     plc 
                                                                     ISIN: GB00BFMDJC60 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   Nature of the transaction                                     Grant of awards in the form of nominal-cost 
                                                                     options over Ordinary Shares under the 
                                                                     Supply@ME Long Term Incentive Plan 
     ------------------------------------------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)             Volume(s) 
                                                                                 1. Nil               1. 258,750,000 
                                                                                  2. Nil               2. 187,500,000 
                                                                                          --------------------------- 
     ------------------------------------------------------------  -------------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                                   446,250,000 
                                                                      Nil 
 
             *    Price 
     ------------------------------------------------------------  -------------------------------------------------- 
 e)   Date of the transaction                                       31 October 2022 
     ------------------------------------------------------------  -------------------------------------------------- 
 f)   Place of the transaction                                      Outside of a trading venue 
     ------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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November 02, 2022 03:01 ET (07:01 GMT)

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