Tekmar Group plc

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

Grant of Share Options  

Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, announces that the Group has established a share option plan which has granted share options on 6 May 2026 (the "May 2026 Plan", the "Plan") to certain directors of the Group ("Directors") and other Persons Discharging Managerial Responsibility ("PDMR") employees.

Background to and Key Terms of the Share Option Plan

Richard Turner, CEO, and Phil Lanigan, CFO, have been granted share options as part of the contractual arrangements put in place when they respectively joined the business and also to incentivise and align their performance with the interests of the Company's shareholders.

Richard Turner has been granted the following share options under the Plan:

-      2,750,000 share options at an exercise price of 9.50p, being the average share price for the three-month period prior to his start date in September 2024; and

-      1,650,000 share options at an exercise price of 20.00p.

Phil Lanigan has been granted 708,334 share options under the Plan at an exercise price of 5.74p, again being the average share price for the three-month period prior to his start date in August 2025.

Under the Plan, the options granted in May 2026 may be exercised at the relevant exercise price at any date after 1 October 2027 for Richard Turner's share options and after 1 September 2028 for Phil Lanigan's share options. The exercise dates represent three full years from when the individuals commenced their employment with the Company.

As part of establishing the May 2026 Plan, share option grants have also been awarded to certain PDMRs, with the exercise price for these options being the current market price at close of business on 6 May 2026.

Under the Plan, the options granted in May 2026 may be exercised at the relevant exercise price at any date after 7 May 2029 provided that the individuals remain employed at that date.

The share options under the Plan (the "New Share Options") represent 5,783,334 shares in aggregate, equivalent to 4.14% of the Company's current issued share capital of 139,551,387. Total ordinary shares under option (including the New Share Options) represent 8.2% of the Company's current issued share capital.

The relevant Director / PDMR Notification is set out further below.

Enquiries:

About Tekmar Group plc

Tekmar Group plc is a leading provider of asset protection technology and offshore energy services, supporting the global energy transition and marine infrastructure markets.

Operating across two core divisions - Asset Protection Technology and Offshore Energy Services - the Group delivers proprietary, engineering-led solutions that protect, stabilise and extend the life of critical offshore assets, including offshore wind farms, subsea interconnectors, oil and gas infrastructure, and ports and harbours.

With 40 years of experience, Tekmar has delivered asset protection and stabilisation solutions to more than 120 offshore wind projects across 25 countries, supporting over 40GW of installed capacity globally. The Group has deployed over 12,000 cable protection systems, supplied more than 100,000 subsea stabilisation products, and delivered in excess of 300,000 geotechnical and analysis hours, underpinned by a team of specialist engineers across multiple disciplines.

Through continuous innovation and scalable engineering and manufacturing capability, Tekmar supports increasingly complex offshore energy and marine infrastructure developments worldwide.

Headquartered in Newton Aycliffe, UK, Tekmar Group operates internationally with offices, manufacturing facilities, strategic supply partnerships and representation across Europe, Africa, the Middle East, Asia- Pacific and North America.

For more information visit: www.tekmargroup.com

Director / PDMR Notification