Grant of Options under Long Term Incentive Plan

EnSilica PLC
30 April 2024
 

30 April 2024

 

EnSilica plc

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

 

Grant of Options under Long Term Incentive Plan

 

EnSilica plc announces that on 29 April 2024, the Company awarded 30,000 share options under the EnSilica plc Long Term Incentive Plan 2022 to two of its executive directors, as set out in the table below. The award is over ordinary shares of £0.001 in the Company ("Ordinary Shares") in the form of options to acquire Ordinary Shares at their nominal value ("LTIP Awards").

 

Executive Director

Role

Number of Options

Exercise price

Mark Hodgkins

Executive Chairman

15,000

£0.001

Ian Lankshear

Chief Executive Officer

15,000

£0.001

 

The LTIP Awards will vest on the third anniversary of grant subject to meeting earnings per share performance criteria for the three year period ending 31 May 2026.

 

For further information, please contact:

 

EnSilica plc

Ian Lankshear, Chief Executive Officer

www.ensilica.com

Via Vigo Consulting

+44 (0)20 7390 0233

 

Allenby Capital Limited, Nominated Adviser & Joint Broker

Jeremy Porter / Vivek Bhardwaj (Corporate Finance)

Joscelin Pinnington / Tony Quirke (Sales & Corporate Broking)

 

 

 +44 (0)20 3328 5656

info@allenbycapital.com

Singer Capital Markets, Joint Broker

Rick Thompson / Asha Chotai

 

 

 +44 (0)20 7496 3000

Vigo Consulting (Investor & Financial Public Relations)

Jeremy Garcia / Kendall Hill

+44 (0)20 7390 0233 ensilica@vigoconsulting.com

 

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details. 

 

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Mark Hodgkins

2

Reason for the notification

(a)

Position/status

Executive Chairman

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

EnSilica plc

(b)

LEI

213800R6VXRU7MJTAF04

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

Identification code

Options over ordinary shares of £0.001 each in EnSilica plc

 

Identification code (ISIN) for EnSilica plc ordinary shares: GB00BN7F1618

(b)

Nature of the transaction

Grant of options pursuant to EnSilica plc Long Term Incentive Plan 2022

 

(c)

Price(s) and volume(s)

Prices(s)  Volume(s)

Nil             15,000

(d)

Aggregated information

-         Aggregated volume

-         Price

N/A

(e)

Date of the transaction

29 April 2024

(f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Ian Lankshear

2

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

EnSilica plc

(b)

LEI

213800R6VXRU7MJTAF04

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

Identification code

Options over ordinary shares of £0.001 each in EnSilica plc

 

Identification code (ISIN) for EnSilica plc ordinary shares: GB00BN7F1618

(b)

Nature of the transaction

Grant of options pursuant to EnSilica plc Long Term Incentive Plan 2022

 

(c)

Price(s) and volume(s)

Prices(s)  Volume(s)

Nil             15,000

 

(d)

Aggregated information

-         Aggregated volume

-         Price

N/A

(e)

Date of the transaction

29 April 2024

(f)

Place of the transaction

Outside a trading venue

 

 

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