Grant of Options/PDMR Dealing

RNS Number : 8360S

Sopheon PLC

13 July 2020

 

For Immediate Release

SOPHEON PLC

("Sopheon" or "the Company")

Grant of Options / PDMR dealing

Sopheon announces that the Company has granted options over 85,000 ordinary shares of 20 pence each in the share capital of the Company ("Options") to certain senior employees of the Company including two directors. Of the directors, Andrew Michuda, CEO and Arif Karimjee, CFO have been granted 30,000 and 8,000 Options respectively, and including this grant, the total number of Options held by each is 320,000 and 85,500 Options respectively. 

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 775 pence per share, being the mid-market closing price on AIM on 10 July 2020 the last business day prior to the grant.

For further information contact:

Barry Mence, Chairman Arif Karimjee, CFO	Sopheon plc	+ 44 (0) 1276 919 560
Carl Holmes / Giles Rolls (corporate finance) Alice Lane (ECM)	finnCap Ltd	+ 44 (0) 20 7220 0500

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 250 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	213800TA9E6UG2WWG646
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 775 pence per share 8,000
d)	Aggregated information: · Aggregated volume · Price	Grant of 8,000 options over ordinary shares of 20p pence at an exercise price of 775 pence
e)	Date of the transaction	13 July 2020
f)	Place of the transaction	Outside of trading venue

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	213800TA9E6UG2WWG646
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 775 pence per share 30,000
d)	Aggregated information: · Aggregated volume · Price	Grant of 30,000 options over ordinary shares of 20p pence at an exercise price of 775 pence
e)	Date of the transaction	13 July 2020
f)	Place of the transaction	Outside of trading venue

 

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