Grant of Share Options

Candessa AI PLC

29 October 2026

 

29 October 2026

Candessa AI plc

("Candessa AI" or the "Company")

Grant of Share Options

Candessa AI plc (AIM: CAS), a leading provider of AI-led data infrastructure and machine learning solutions, announces the grant of share options over 4,100,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares”) to certain employees.

Options over 2,100,000 Ordinary Shares were granted under the Company’s Enterprise Management Incentive ("EMI") scheme (the "EMI Options"), and options over 2,000,000 Ordinary Shares were granted as unapproved options outside the scheme (the "Non-Scheme Options").

Schedule of EMI Options:

	Position	Date of grant	No. Options granted	Exercise price	Expiry date
Employees (various)	N/A	28 October 2026	2,000,000 50,000 50,000	8.8p 20p 25p	27 October 2031 27 October 2031 27 October 2031

Schedule of Non-Scheme Options:

	Position	Date of grant	No. Options granted	Exercise price	Expiry date
Employee	N/A	28 October 2026	2,000,000	30p	27 October 2031

Following the grant of the Options, the Company now has a total of 14,675,000 share options in issue, which represents 11.3% of the current issued share capital, and will represent 10.93% of the enlarged issued share capital following the admission of the new Ordinary Shares pursuant to the Subscription and the Additional Subscription (each as defined in the Company’s announcement made earlier today). The weighted average exercise price of the 14,675,000 options in issue is 37.73p.

For further information, please visit www.candessa.com or contact:  

Candessa AI plc Richard Bernstein (CEO)	[e-mail]
Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold	[phone]
CMC Markets (Joint Broker) Doug Crippin	[phone]

 

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