Grant of Options, Exercise of Options & PDMR

Microlise Group PLC

26 June 2026

 

26 June 2026

Microlise Group plc

("Microlise", "the Group" or "the Company")

Grant of Options, Exercise of Options, Director/PDMR Dealing and Total Voting Rights

Exercise of Options under the 2023 Microlise Performance Share Plan

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, announces that it has issued and allotted 37,527 new ordinary shares of 0.001 pence each ("Ordinary Shares") following the exercise of share options by a former employee and certain directors,  including persons discharging managerial responsibilities ("PDMRs") as set out below.

PDMR	Role	Number of Options exercised	Total Shareholding
Nadeem Raza1	Chief Executive Officer	13,712	13,712
Nick Wightman	Chief Financial Officer	6,014	145,367
Stephen Watson	Director of Product	4,330	70,843
Trevor McGahan	Chief Operating Officer	4,811	115,666
Jackie Mitchell	Director of Human Resources	3,913	82,016
Total		32,780	427,604

1.   Nadeem Raza retains the voting rights in 58,032,442 ordinary shares, held by The Raza Hamilton Trust (the "Trust"), but not the beneficial interest.

The above shares are subject to a two-year holding period in accordance with the terms of the 2023 Microlise Performance Share Plan.

Application has been made to the London Stock Exchange for the 37,527 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 2 July 2026.

The Company advises that, following Admission, the Company's issued share capital will be 115,983,483 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. As such the Company's total number of Ordinary Shares with voting rights is 115,983,483.

The above figure of 115,983,483 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

2026 Grant of Options

In addition, the Company announces that on 25 June 2026 it granted 1,394,062 options over Ordinary Shares to certain employees and directors, including persons discharging managerial responsibilities ("PDMRs"), under the 2026 Microlise Performance Share Plan ("2026 PSP Options").

The 2026 PSP Options will vest on 31 December 2028, subject to the satisfaction of the performance criteria. The 2026 PSP Options may be exercised for seven years after vesting at a price of £0.001 per Ordinary Share.

Details of the PDMRs participating in the 2026 PSP Options and the number of Ordinary Shares subject to the 2026 PSP Options are set out below:

PDMR	Role	Number of Options granted	Resultant number of Options held
Nadeem Raza	Chief Executive Officer	412,316	1,211,188
Nick Wightman	Chief Financial Officer	205,888	569,777
Stephen Watson	Director of Product	128,953	381,228
Trevor McGahan	Chief Operating Officer	147,455	427,761
Jackie Mitchell	Director of Human Resources	119,761	349,790
Mike Blackburn	Chief Revenue Officer	139,041	274,955
Dean Garvey - North	Chief Technical Officer	147,063	147,063
James Walker	Chief Information Officer	93,585	93,585
Total		1,394,062	3,455,347

The performance criteria that apply to the awards are set out below. Once the first threshold has been exceeded, options will vest on a straight-line basis between the target thresholds. 

·      The vesting of 45 per cent. of such award (the "Relative TSR Award") is based on the Company's total shareholder return ("TSR") performance over a three-year period from 1 January 2025 relative to the TSR performance of the constituents of the FTSE AIM All Share Index over the same period:

	Rank of the Company's TSR against the TSR of the members of the Comparator Group	TSR Part Vesting Percentage
Below Threshold	Below median	0%
Threshold	Median	25%
Max	Upper Quartile or above	100%
Between Threshold and Max	Between Median and Upper Quartile	Calculated on a straight line basis between 25% and 100%

·      The vesting of 45 per cent. of such award (the "EPS Award") is based on the Company's adjusted diluted earnings per share ("EPS") growth over a three-year period from 1 January 2026. 30% of the EPS Award will vest at threshold performance and 100% of the EPS Award will vest at maximum performance and will vest on a straight line basis between threshold performance and maximum performance.

·      The vesting of 10 per cent. of such award (the "ESG Award") is linked to the achievement of net zero carbon emissions by 2030.

	X	Carbon Reduction Part Vesting Percentage
Threshold	0.35	25%
Max	0.28	100%
Between Threshold and Max	Between 0.35 and 0.28	Calculated on a straight line basis between 25% and 100%

For further information, please contact:

Microlise Group plc		C/O SEC Newgate
Nadeem Raza, CEO
Nick Wightman, CFO
Canaccord Genuity Limited (Nominated Adviser and Broker)		[phone]
Simon Bridges / Harry Gooden / Andrew Potts / Elizabeth Halley-Stott
SEC Newgate (Financial PR)		Email:
Bob Huxford / Harry Handyside / Rhea Xigaki		[e-mail]

About Microlise

Microlise Group Plc is a leading provider of transport and fleet technology to transport and logistic operators helping them to improve efficiency, safety, and reduce emissions. These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience.

Established in 1982, Microlise is an award-winning business with over 2,500 clients, and a global workforce of 730 across the Group's headquarters in Nottingham in the UK, and offices in France, Australia, and India.

Microlise is listed on the AIM market of the London Stock Exchange (AIM: SAAS) and qualifies for the London Stock Exchange's Green Economy Mark.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nadeem Raza
2.	Reason for the Notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Exercise of Options (b)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 13,712 (b) 0.001p 412,316
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nick Wightman
2.	Reason for the Notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Exercise of Options (b)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 6,014 (b) 0.001p 205,888
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor McGahan
2.	Reason for the Notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Exercise of Options (b)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 4,811 (a) 0.001p 147,455
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Watson
2.	Reason for the Notification
a)	Position/status	Director of Product
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Exercise of Options (b)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 4,330 (b) 0.001p 128,953
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jackie Mitchell
2.	Reason for the Notification
a)	Position/status	Director of Human Resources
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Exercise of Options (b)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 3,913 (b) 0.001p 119,761
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike Blackburn
2.	Reason for the Notification
a)	Position/status	Chief Revenue Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 139,041
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dean Garvey - North
2.	Reason for the Notification
a)	Position/status	Chief Technical Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 147,063
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Walker
2.	Reason for the Notification
a)	Position/status	Chief Information Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	LEI	213800JRGXV9OET1LW32
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	Ordinary Shares
	Identification code	GB00BLR8L223
b)	Nature of the transaction	(a)  Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) (a) 0.001p 93,585
d)	Aggregated information: Aggregated volume Price
e)	Date of the transaction	25 June 2026
f)	Place of the transaction	London Stock Exchange (XLON)

 

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