Director/PDMR Shareholding

RNS Number : 3753W
Draper Esprit PLC
31 July 2018
 

 

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

 

Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")

 

Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that options (the "Options") over a total of 534,300 ordinary shares with a nominal value of 1 pence each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company Share Option Plan ("CSOP"), as set out below. The Options have an exercise price of 492p, a performance condition of an 8% per annum share price hurdle and a vesting period of 3 years.

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

PDMR

Options awarded

Total Options

Ordinary Shares

Simon Cook

178,100

647,770

1,619,306

Stuart Chapman

178,100

647,770

1,619,306

Ben Wilkinson

178,100

527,396

2,479

 

 

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.

ANNEX

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Simon Cook

 

2

Reason for the notification

 

a)

Position / status

CEO

 

b)

Initial notification / amendment

Initial notification

 

3

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

 

a)

Name

Draper Esprit PLC

 

b)

LEI

 

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Options in respect of the CSOP over ordinary shares of 1p each


Identification Code

 

GB00BY7QYJ50

b)

Nature of the transaction

Issue of options

 

c)

Price(s) and volume(s)

 

178,100 options with an exercise price of 492 pence

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

 

30 July 2018

f)

Place of the transaction

 

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Stuart Chapman

 

2

Reason for the notification

 

a)

Position / status

COO

 

b)

Initial notification / amendment

Initial notification

 

3

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

 

a)

Name

Draper Esprit PLC

 

b)

LEI

 

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Options in respect of the CSOP over ordinary shares of 1p each


Identification Code

 

GB00BY7QYJ50

b)

Nature of the transaction

Issue of options

 

c)

Price(s) and volume(s)

 

178,100 options with an exercise price of 492 pence

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

 

30 July 2018

f)

Place of the transaction

 

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Ben Wilkinson

 

2

Reason for the notification

 

a)

Position / status

CFO

 

b)

Initial notification / amendment

Initial notification

 

3

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

 

a)

Name

Draper Esprit PLC

 

b)

LEI

 

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Options in respect of the CSOP over ordinary shares of 1p each


Identification Code

 

GB00BY7QYJ50

b)

Nature of the transaction

Issue of options

 

c)

Price(s) and volume(s)

 

178,100 options with an exercise price of 492 pence

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

 

30 July 2018

f)

Place of the transaction

 

London

 

 

For further information, please contact:

Draper Esprit plc

Simon Cook (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser & Joint Broker

Richard Thomas

Jamie Loughborough

+44 (0)20 7260 1000

Goodbody Stockbrokers

ESM Adviser & Joint Broker

Corporate Finance: Don Harrington / Richard Tunney

Corporate Broking: Linda Hickey / Charlotte Craigie

+353 1 667 0420

MHP Communications (PR)

James White

Vera Prokhorenko

Pete Lambie

+44 (0)20 3128 8570

 

 

 


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