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| Date | 17 Apr 2023 |
| Time | 07:00:05 |
| Category | Director/PDMR dealings |
| ID | 3219W |
17 April 2023
CentralNic Group plc
("CentralNic" or the "Company")
(AIM: CNIC)
Share Awards and Exercise of Options
Share Awards
CentralNic announces that on 14th April 2023 it has made awards over ordinary shares of £0.001 each ("Ordinary Shares") under the CentralNic Group plc Long Term Incentive Plan and the CentralNic Group plc Share Option Plan (the "LTIP" and "SOP") to Group employees of CentralNic ("Awards").
The Awards were granted as nil-cost options under the terms of the LTIP and/or the SOP (as relevant) over a total of 1,504,619 Ordinary Shares. The Awards under the LTIP and SOP vest over a three-year period subject to the continued employment of the Award holder.
Exercise of Options
CentralNic further announces that on 14 April 2023 Michael Riedl, CEO, has exercised the following share options previously granted by the Company ("Options):
|
PDMR |
Number of Ordinary Shares acquired on exercise of Options |
Date of grant of Option |
|
Michael Riedl |
53,250 |
10 March 2020 |
|
Michael Riedl |
231,050 |
10 March 2020 |
|
Michael Riedl |
231,050 |
10 March 2020 |
|
Michael Riedl |
173,288 |
10 March 2020 |
The exercise of options was satisfied by 688,638 shares from the CentralNic Employee Benefit Trust. Michael Riedl intends to keep all the shares acquired through the exercise of his options and has no plans to sell any shares in the foreseeable future.
Following the exercise of his options, Michael Riedl holds 2,726,776 Ordinary Shares, representing 0.95% of the total voting rights of the Company.
The table below summarises the total number of Ordinary Shares under options held by the Directors as at the date of this announcement:
|
Director |
Number of Ordinary Share subject to options |
Issue Date |
Vesting date |
Exercise price per Ordinary Share |
|
|
Michael Riedl |
231,050 |
10 March 2020 |
1 March 2022 - 1 March 2024 |
Nil |
|
|
Michael Riedl |
462,100 |
10 March 2020 |
1 March 2023 - 1 March 2025 |
Nil |
|
|
William Green |
18,181 |
7 March 2022 |
1 Jan 2023 - 1 Jan 2025 |
Nil |
|
A total number of 9,801,242 Ordinary Shares are held under options granted to all employees and Directors of the CentralNic group.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Michael Riedl |
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2 |
Reason for the notification |
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a) |
Position/status |
CEO |
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b)
|
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
CentralNic Group plc |
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b) |
LEI |
213800M4IINBWMXEKV82 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.001
GB00BCCW4X83 |
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b) |
Nature of the transaction |
Exercise of share options & Sale |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
14 April 2023 |
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f) |
Place of the transaction |
Outside of trading venue |
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For further information contact:
|
CentralNic Group Plc Michael Riedl, Chief Executive Officer William Green, Chief Financial Officer |
+44 203 388 0600 |
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Zeus Capital Limited (NOMAD Joint Broker) Nick Cowles / Jamie Peel / James Edis (investment Banking) Dominic King (Corporate Broking) |
+44 161 831 1512 +44 203 829 5000 |
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Berenberg (Joint Broker) Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff
|
+44 (0) 20 3207 7800 |
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SEC Newgate (for Media) Bob Huxford / Alice Cho / Harry Handyside |
+44 (0) 203 757 6880
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