Award of share options

Gfinity PLC

20 February 2026

 

For immediate release

20 February 2026

Gfinity Plc

("Gfinity" or the "Company")

Award of Share Options

The Board of Gfinity announces that on 20 February 2026, the Company awarded 258,333,333 new options (representing 4.95 per cent. of the current issued share capital) to Directors of the Company.

In making the option awards, the Board considers that the management remuneration and incentives align with long-term shareholder value creation and provide commercial protections for the Company and its shareholders as a whole. In particular, the Directors have not received any remuneration in the current financial year and believe that the award of options in lieu of a cash remuneration, which will vest and be exercisable immediately on award, aligns their interests with shareholders.

The options exercise price of 0.0475p per new Ordinary Share has also been set at the same issue price as the last placing notified in November 2025 and represents a 53 per cent. premium to the mid-market closing price of 0.031p of the Ordinary Shares as at 19 February 2026, and a 59 per cent. premium to the 30-day volume weighted average share price for the 30 trading days ended 19 February 2026.  The new options will lapse ten years after the date of the award, being 19 February 2036.

Further details of the new options awards are as follows:

Individual		Number of new options
Directors:
David Halley		200,000,000
Neville Upton		33,333,333
Hugo Drayton		25,000,000
Total		258,333,333

There have been no other option awards or issue of Ordinary Shares to Directors in the 12 month period prior to this notification. A copy of this announcement:   www.gfinityplc.com

Enquiries :

Gfinity Plc	David Halley	[phone]
Beaumont Cornish Limited Nominated Adviser and Joint Broker	Roland Cornish Michael Cornish Felicity Geidt	[phone] www.beaumontcornish.co.uk

Other information

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

Appendix

The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.    David Halley 2.    Neville Upton 3.    Hugo Drayton
2	Reason for the notification
a)	Position/status	1. Chief Executive Officer 2. Non-Executive Chairman 3. Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gfinity plc
b)	LEI	213800GNV14EDQNRWI17
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 0.01p each ("Ordinary Shares")
	Identification code	ISIN: GB00BT9QD572
b)	Nature of the transaction	Issue of Options over Ordinary Shares
c)	Price(s) and volume(s)	Director Exercise Price per Option Volume(s)  David Halley £0.000475 200,000,000 Neville Upton   £0.000475 33,333,333 Hugo Drayton £0.000475 25,000,000
d)	Aggregated information
	- Aggregated volume	258,333,333 options over new Ordinary Shares
	- Price	£0.000475p
e)	Date of the transaction	20 February 2026
f)	Place of the transaction	Outside a trading venue

ENDS

 

END