Director/PDMR Shareholding

RNS Number : 6417K
Gattaca PLC
06 May 2022
 

6 May 2022

Gattaca plc ("Gattaca" or the "Group")

 

Director/PDMR Shareholding

 

On 6 May 2022 (the "Grant Date"), the following conditional share awards over ordinary shares (the "New Awards") in Gattaca were granted to certain of the Company's PDMRs, including the Company's Executive Directors and members of its Senior Leadership Team, under the Matchtech Group Plc 2016 Long Term Incentive Plan (the "LTIP"):

 

Executive Directors

Title

Number of Shares

Total number of Shares held (2)

Matthew Wragg

Chief Executive Officer

70,000

136,322

Oliver Whittaker

Chief Financial Officer

60,000

99,190

 

Senior Leadership Team members (1)

Title

Number of Shares

Total number of Shares held (2)

Claire Cross

Chief People Officer

15,000

47,195

John Dunaway

Managing Director of Infrastructure and Energy

15,000

57,000

Paul King

Chief Operating Officer

15,000

56,268

Mark Wilkie

Head of Fulfilment

10,000

34,390

 

(1) Members of the newly created Senior Leadership Team have recently been categorised as PDMRs of the Company

(2) Being the total conditional share awards held, including existing awards and the New Awards

 

The LTIP award is a conditional grant of shares, which vest and become exercisable at nil-cost on the third anniversary of the Grant Date, subject to the individual's continued employment with the Group.  Vesting of the LTIP awards are subject to the achievement of earnings per share targets (the "EPS Targets") over the year ended 31 July 2024 and total shareholder performance (the "TSR Targets") over a three-year period; with 50% of the maximum award vesting for threshold performance in the EPS target, and for the TSR target, 25% of the maximum vesting for threshold performance above the medium.

 

For Executive Directors, additional grant allocations will be issued on a 100% TSR hurdle against the benchmark of AIM for a full three-year period.  For members of the Senior Leadership Team, with the exception of Claire Cross, 100% of the additional grant allocation is subject to the achievement of EPS Targets.  For Claire Cross, 90% of the award is subject to the achievement of EPS Targets and 10% subject to the achievement of TSR targets.  TSR targets will be measured against the Company's average share price from 1 January 2022 to 31 March 2022.

 

For further information please contact:

 

Gattaca plc

+44 (0) 1489 898989

Matthew Wragg, Chief Executive Officer

Oliver Whittaker, Chief Financial Officer 

 


Liberum Capital Limited (Nomad and Broker)

+44 (0) 20 3100 2000

Lauren Kettle

Robert Morton

 


Citigate Dewe Rogerson


Jos Bieneman

Lucy Eyles

+44 (0) 20 7638 9571

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Matthew Wragg

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification/Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Gattaca plc

b)

 

LEI

 

 

213800LM81ZQ9V9G6866

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

Options over ordinary shares of 1 penny each



Identification code

GB00B1FMDQ43



b)

 

Nature of the transaction

 

 

Grant of conditional share awards

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

70,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

06 May 2022

f)

 

Place of the transaction

 

 

Off-market transaction

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Oliver Whittaker

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

b)

 

Initial notification/Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Gattaca plc

b)

 

LEI

 

 

213800LM81ZQ9V9G6866

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

Options over ordinary shares of 1 penny each



Identification code

GB00B1FMDQ43



b)

 

Nature of the transaction

 

 

Grant of conditional share awards

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

60,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

06 May 2022

f)

 

Place of the transaction

 

 

Off-market transaction

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Claire Cross

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief People Officer

b)

 

Initial notification/Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Gattaca plc

b)

 

LEI

 

 

213800LM81ZQ9V9G6866

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

Options over ordinary shares of 1 penny each



Identification code

GB00B1FMDQ43



b)

 

Nature of the transaction

 

 

Grant of conditional share awards

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

15,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

06 May 2022

f)

 

Place of the transaction

 

 

Off-market transaction

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

John Dunaway

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Managing Director of Infrastructure and Energy

b)

 

Initial notification/Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Gattaca plc

b)

 

LEI

 

 

213800LM81ZQ9V9G6866

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

Options over ordinary shares of 1 penny each



Identification code

GB00B1FMDQ43



b)

 

Nature of the transaction

 

 

Grant of conditional share awards

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

15,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

06 May 2022

f)

 

Place of the transaction

 

 

Off-market transaction

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Paul King

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Operating Officer

b)

 

Initial notification/Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Gattaca plc

b)

 

LEI

 

 

213800LM81ZQ9V9G6866

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

Options over ordinary shares of 1 penny each



Identification code

GB00B1FMDQ43



b)

 

Nature of the transaction

 

 

Grant of conditional share awards

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

15,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

06 May 2022

f)

 

Place of the transaction

 

 

Off-market transaction

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mark Wilkie

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Head of Fulfilment

b)

 

Initial notification/Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Gattaca plc

b)

 

LEI

 

 

213800LM81ZQ9V9G6866

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

Options over ordinary shares of 1 penny each



Identification code

GB00B1FMDQ43



b)

 

Nature of the transaction

 

 

Grant of conditional share awards

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

10,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

06 May 2022

f)

 

Place of the transaction

 

 

Off-market transaction

 

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Gattaca (GATC)
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