Osirium Technologies PLC Director/PDMR Shareholding (6713J)
September 13 2016 - 03:55AM
UK Regulatory
TIDMOSI
RNS Number : 6713J
Osirium Technologies PLC
13 September 2016
Osirium Technologies plc
("Osirium", "the Company" or "the Group")
Grant of Options and PDMR Dealings
The Board of Osirium, a UK based cyber-security software
provider, announces that, on 12 September 2016, the Company granted
options ("Options") over a total of 584,673 ordinary shares of 1
pence each in the capital of the Company ("Ordinary Shares")
pursuant to the Osirium Technologies plc Enterprise Management
Incentive (EMI) Share Option Plan 2016 ("Share Option Scheme").
This included the grant of Options to Directors and certain other
Persons Discharging Managerial Responsibilities ("PDMRs") on behalf
of the Company as follows:
Director Role Number of Total number
Options granted of Options
over Ordinary granted over
Shares Ordinary
Shares
--------------- ---------------------- ----------------- --------------
Chief Executive
David Guyatt Officer 51,971 638,387
--------------- ---------------------- ----------------- --------------
Chief Financial
Rupert Hutton Officer 38,978 38,978
--------------- ---------------------- ----------------- --------------
Non-Executive
Steve Purdham Director 25,985 25,985
--------------- ---------------------- ----------------- --------------
PDMR Role Number of Total number
Options granted of Options
over Ordinary granted over
Shares Ordinary
Shares
--------------- ---------------------- ----------------- --------------
Catherine Chief Operating
Jamieson Officer 103,943 103,943
--------------- ---------------------- ----------------- --------------
Chief Marketing
Officer and
Andrew Harris Head of Engineering 103,943 103,943
--------------- ---------------------- ----------------- --------------
Chief Technical
Kevin Pearce Officer 25,985 235,139
--------------- ---------------------- ----------------- --------------
The balance of the Options (in respect of 233,868 Ordinary
Shares) have been granted to certain of the Company's other
employees.
All Options are conditional on the Group's consolidated revenue
for the financial year ending 31 December 2019 being no less than
GBP12,000,000. 51,970 of these Options, which have been granted to
members of the Company's sales team, will also only vest subject to
achievement of additional individual and team performance-related
criteria to be set year on year for each of the financial years
ending 31 December 2017, 31 December 2018 and 31 December 2019.
In each case, the Options are exercisable at 190 pence per
Ordinary Share, as determined by the Board in accordance with the
Rules of the Share Option Scheme, representing a 21.8 per cent.
premium to the placing price of the Company's ordinary share
capital at admission to AIM and no less than the average closing
mid-price per Ordinary Share for the three days immediately
preceding the date of Option grant.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------
a) Names David Guyatt - Chief Executive
Officer
Rupert Hutton - Chief Financial
Officer
Steve Purdham - Non-Executive
Director
Catherine Jamieson - Chief Operating
Officer
Andrew Harris - Chief Marketing
Officer and Head of Engineering
Kevin Pearce - Chief Technical
Officer
--- ------------------------ --------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------
a) Position/status See 1(a) above for positions
- all classified as PDMRs of
Osirium
--- ------------------------ --------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------ --------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------
a) Name Osirium Technologies plc
--- ------------------------ --------------------------------------
b) LEI
--- ------------------------ --------------------------------------
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 In each case, the grant of Options
the financial on 12 September 2016 over Ordinary
instrument, type Shares
of instrument
--- ------------------------ --------------------------------------
b) Identification GB00BZ58DH10
code
--- ------------------------ --------------------------------------
c) Nature of the Grant of Options over Ordinary
transaction Shares pursuant to the Osirium
Technologies plc Enterprise
Management Incentive (EMI) Share
Option Plan 2016
--- ------------------------ --------------------------------------
d) Price(s) and Price - n/a
volume(s) Volume(s)
David Guyatt - 51,971 Options
Rupert Hutton - 38,978 Options
Steve Purdham - 25,985 Options
Catherine Jamieson - 103,943
Options
Andrew Harris - 103,943 Options
Kevin Harris - 25,985 Options
--- ------------------------ --------------------------------------
d) Aggregated information N/a
- Aggregated
volume
- Price
--- ------------------------ --------------------------------------
e) Date of the transaction 12 September 2016
--- ------------------------ --------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------ --------------------------------------
Name of authorised official of issuer responsible for making
notification.
Martin Kay
Company Secretary to Osirium Technologies plc
For further information:
Osirium Technologies plc Tel: 44 (0) 118 324
2444
David Guyatt, Chief Executive
Officer
Rupert Hutton, Chief Financial
Officer
www.osirium.com
Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886
(Nominated Adviser and 2500
Broker)
Fred Walsh / Peter Steel
/ James Greenwood/
William Wickham - Corporate
Finance
Charles Leigh-Pemberton
- Corporate Broking
Hollins Communications Tel: +44 (0) 7764 947137
(Financial PR)
Sarah Hollins
This information is provided by RNS
The company news service from the London Stock Exchange
END
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