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MicroSalt Plc announced on 13 February 2026 that it granted options over 575,000 ordinary shares to certain directors and other Persons Discharging Managerial Responsibilities (PDMRs) on 29 January 2026. These options, with a nominal value of £0.001625 each and an exercise price of £0.45, were issued under the Company's 2024 Long Term Incentive Plan. The options will vest over a two-year period from 31 December 2025, subject to revenue performance conditions for the financial years ending 31 December 2026 and 2027, and lapse on the tenth anniversary of the grant.
| Date | 13 Feb 2026 |
| Time | 07:00:06 |
| Category | Director/PDMR dealings |
| ID | 8623S |
13 February 2026
MicroSalt Plc
("MicroSalt" or the "Company")
Grant of Options and PDMR Dealings
MicroSalt plc (AIM:SALT), a leading provider of full-flavour, natural salt with approximately 50% less sodium, announces that it has granted options over 575,000 ordinary shares of £0.001625 each in the Company ("Ordinary Shares") (the "Options") under the Company's 2024 Long Term Incentive Plan (the "2024 LTIP"). The Options have been granted to certain directors and other PDMRs of the Company as follows:
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Subscriber |
|
No. Share Options granted |
|
Rick Guiney |
CEO |
250,000 |
|
Gary Urmston |
Interim CFO |
50,000 |
|
Javier Contreras |
COO |
75,000 |
|
Mario Habre |
Business development director |
100,000 |
|
Carolina Berardi |
VP of marketing |
50,000 |
|
Stephanie Chavez |
VP of finance |
50,000 |
|
TOTAL |
|
575,000 |
Subject to satisfaction of the acceptance conditions under the 2024 LTIP, the Options will vest, subject to the achievement of certain revenue performance conditions for the financial years ending 31 December 2026 and 2027, over a 2 year period from 31 December 2025, and lapse on the tenth anniversary of grant. The exercise price of the Options is £0.45, being the issue price of the Company's recent equity fundraise.
The new Options (if all are accepted), together with other options already granted, represent approximately 11.8% of the current issued share capital of the Company.
For further information, please contact:
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MicroSalt plc |
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Rick Guiney (CEO) |
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Zeus (Nominated Adviser and Broker) |
+44 (0)20 3829 5000 |
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David Foreman / James Edis (Investment Banking) |
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Dom King (Corporate Broking) / Rupert Woolfenden (Sales) |
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Gracechurch Group (Financial PR) |
+44 (0)20 4582 3500 |
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Heather Armstrong, Alexis Gore, Rebecca Scott |
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Further information on the Company can be found on its website at: www.microsaltinc.co
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
(i) Rick Guiney (ii) Gary Urmston (iii) Javier Contreras (iv) Mario Habre (v) Carolina Berardi (vi) Stephanie Chavez |
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2 |
Reason for notification |
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a. |
Position/Status |
(i) CEO (ii) Interim CFO (iii) COO (iv) Business development director (v) VP of marketing (vi) VP of finance |
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b. |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
MicroSalt plc |
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b. |
LEI |
213800L7WRHP8CCEEQ48 |
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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 |
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a. |
Description of the financial instrument, type of instrument |
Ordinary Shares of £0.001625 each
ISIN: GB00BQB6FF85 |
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b. |
Nature of the transaction |
Grant of options |
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c. |
Price(s) and volume(s)
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Price(s) |
Volume(s) |
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(i) |
£0.45 |
250,000 |
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(ii) |
£0.45 |
50,000 |
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(iii) |
£0.45 |
75,000 |
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(iv) |
£0.45 |
100,000 |
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(v) |
£0.45 |
50,000 |
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(vi) |
£0.45 |
50,000 |
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d. |
Aggregated information
|
See above |
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e. |
Date of the transactions |
29 January 2026 |
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f. |
Place of the transaction |
London Stock Exchange |
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