Director/PDMR Shareholding

Satsuma Technology PLC

19 December 2025

 

19 December 2025

Satsuma Technology PLC

('Satsuma' or the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR")

Satsuma Technology PLC (LSE: SATS) announces that the Company has granted options to each of Henry Elder and Andrew Smith, in accordance with the terms of the Satsuma Technology PLC (Employees) Share Option Plan, to subscribe for 560,195,010 Ordinary Shares and 168,058,503 new Ordinary Shares respectively, vesting equally over 4 years, at an exercise price of (i) £0.01 per Ordinary Share for those options vesting on the first and second anniversary from the date of the grant, and (ii) £0.02 per Ordinary Share for those options vesting on the third and fourth anniversary from the date of the grant.

In addition, further to the conversion of the loan notes as announced on 17 December 2025, the Company has allotted and issued 50,000,000 Ordinary Shares to Henry Elder on 18 December 2025.

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities under UK MAR

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Elder
2	Reason for the notification
a)	Position/status	PDMR - CEO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Satsuma Technologies PLC
b)	LEI	984500FV43C9G16DK633
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 Identification code	Ordinary Shares of £0.001 each GB00BMFCRZ80
b)	Nature of the transaction	Grant of options to subscribe for Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 560,195,010
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	14 December 2025
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Elder
2	Reason for the notification
a)	Position/status	PDMR - CEO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Satsuma Technologies PLC
b)	LEI	984500FV43C9G16DK633
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 Identification code	Ordinary Shares of £0.001 each GB00BMFCRZ80
b)	Nature of the transaction	Issue of new Ordinary Shares following conversion of the convertible loan notes
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.002 50,000,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	18 December 2025
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Smith
2	Reason for the notification
a)	Position/status	PDMR - CFO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Satsuma Technologies PLC
b)	LEI	984500FV43C9G16DK633
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 Identification code	Ordinary Shares of £0.001 each GB00BMFCRZ80
b)	Nature of the transaction	Grant of options to subscribe for Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 168,058,503
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	14 December 2025
f)	Place of the transaction	Outside a trading venue

Satsuma Technology PLC                Henry K. Elder, CEO Data Counsel                                     Steffan Williams                                 William Barker

[phone] [e-mail] [phone] [phone]

 

END