Online Blockchain PLC Director/PDMR Shareholding (8182M)
May 02 2018 - 2:00AM
UK Regulatory
TIDMOBC
RNS Number : 8182M
Online Blockchain PLC
02 May 2018
For immediate release
2 May 2018
Online Blockchain PLC
("Online" or the "Company")
Director / PDMR shareholding
Issue of options and warrants
The Company announces that on 1 May 2018, the board of directors
of Online agreed to award 50,000 options over new ordinary shares
to William Louden, a director of the Company. The options vest in
full with effect from 31 May 2018 and have an exercise price of
48.5 pence per new ordinary share, being the London closing
mid-market price as at 1 May 2018, and must be exercised on or
before 1 September 2022. The option award represents approximately
0.58% of the current issued share capital of 8,662,348 ordinary
shares.
In addition, the board of directors of Online has agreed to
award in aggregate 200,000 warrants over new ordinary shares to
consultants and advisers to the Company. The warrants vest in full
with effect from 31 October 2018 and have an exercise price of 48.5
pence per new ordinary share and must be exercised on or before 31
October 2022.
Accordingly, the Company makes the following announcement
notification in accordance with Article 19 of the EU Market Abuse
Regulation No. 596/2014:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name William Louden
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2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/status Non-executive Director
------------------------------------- --------------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Online Blockchain plc
------------------------------------- --------------------------------------------
b) LEI 213800EYT2IXOZHDQC16
------------------------------------- --------------------------------------------
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 Options over ordinary shares of
instrument, type of instrument. 5 pence each
Identification code
GB0006601479
------------------------------------- --------------------------------------------
b) Nature of transaction Award of options to subscribe for
Ordinary Shares
------------------------------------- --------------------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
------------------------------------- ---------------------- --------------------
48.5 pence 50,000
------------------------------------- ---------------------- --------------------
d) Aggregated information See 4(c) above
- Aggregated volume
- Price
------------------------------------- --------------------------------------------
e) Date of the transaction 1 May 2018
------------------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------- --------------------------------------------
A copy of this announcement is available on the Company's
website, at www.onlineblockchain.io
Enquiries:
For further information please contact:
Online Blockchain PLC
Clement Chambers +44 (0) 207 070 0909
Beaumont Cornish Limited (Nominated
Adviser)
www.beaumontcornish.com
Roland Cornish/Michael Cornish +44 (0) 207 628 3396
Smaller Company Capital Limited
(Broker) +44 (0) 203 651 2910
Jeremy Woodgate
Cassiopeia Ltd (Investor Relations) stefania@cassiopeia-ltd.com
Stefania Barbaglio
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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