Grant of Options / PDMR dealing

RNS Number : 0147X
Sopheon PLC
16 February 2017
 



 

 

SOPHEON PLC

("Sopheon" or "the Company")

 

Grant of Options / PDMR dealing

 

Sopheon announces that the Company has granted 36,650 options over ordinary shares of 20 pence each in the share capital of the Company ("Options") to certain directors. These grants are part of a wider option grant of 163,900 Options, to certain key executives and departmental managers of the Company. Of the directors, Andrew Michuda has been granted 25,000 Options, and Arif Karimjee has been granted 11,650 Options.

 

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 467.5 pence per share, being the mid-market closing price on AIM on 15 February 2017.

 

Following this grant, Andrew Michuda has 240,000 Options in total, and Arif Karimjee has 75,000 Options. In addition, Andrew Michuda and Arif Karimjee respectively own 30,000 and 50,000 ordinary shares of the Company, and they (or persons connected with them) are respectively invested in £45,000 and £27,000 of the Company's convertible loan stock.

 

 

For further information contact: 

Barry Mence, Chairman
Arif Karimjee, CFO

Sopheon plc

+ 44 (0) 1276 919 560

Carl Holmes / Giles Rolls (corporate finance)

Mia Gardener (corporate broking)

finnCap Ltd

+ 44 (0) 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

n/a

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 20p

Identification code

GB00BSZM1369

b)

Nature of the transaction

 

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Exercise price 467.5 pence per share

11,650

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Grant of 11,650 options over ordinary shares of 20p pence at an exercise price of 467.5 pence

e)

Date of the transaction

16 February 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 



 

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

n/a

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 the Financial instrument, type of instrument

 

Options over ordinary shares of 20p


Identification code

GB00BSZM1369

b)

Nature of the transaction

 

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Exercise Price 467.5 pence per share

25,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Grant of 25,000 options over ordinary shares of 20p pence at an exercise price of 467.5 pence

e)

Date of the transaction

16 February 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

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
 
 
RDSOKPDPOBKDOBD

Companies

Sopheon (SPE)
UK 100

Latest directors dealings