RiverFort Global Opportunities PLC Director/PDMR Shareholding (9932O)
February 12 2021 - 9:21AM
UK Regulatory
TIDMRGO
RNS Number : 9932O
RiverFort Global Opportunities PLC
12 February 2021
12 February 2021
RiverFort Global Opportunities plc
("RGO" or the "Company")
Issue of options
Director/PDMR Shareholding
RGO is pleased to announce that it has agreed to grant 33.8
million share options under the Company's Share Option Scheme (the
"Options") to directors Nicholas Lee and Philip Haydn-Slater. The
grant of share options were approved by the Independent Directors
of the Board, and in making this award, the Board was conscious
that no option awards have been made in recent years
notwithstanding the growth in the Company's net assets and
improvement in financial performance.
The share option awards are as follows:
Nicholas Lee 16,900,000
Philip Haydn-Slater 16,900,000
Neither Mr Lee, who currently holds 4,601,470 ordinary shares or
0.67% of the issued share capital, nor Mr Haydn Slater, who
currently holds 20,000,000 ordinary shares or 2.94% of the issued
share capital, have existing share options.
The share options have an exercise price of 1 pence per share
and will vest as to 50 per cent. on grant and 50 per cent. upon the
Company's volume weighted average share price being 1.5 pence or
greater (being 50 per cent. above the Exercise Price) for a period
of 10 consecutive days. The options have a 10 year term from 12
February 2021, the date of issue. Following the grant of the share
options outlined above, the total share options outstanding will be
33,800,000 representing 4.98% of the Company's 678,933,600 ordinary
shares in issue.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For more information please contact:
RiverFort Global Opportunities
plc +44 20 3368 8978
Philip Haydn-Slater,
Non-executive Chairman
-----------------
Nicholas Lee, Investment
Director
-----------------
Nominated Adviser +44 20 7628 3396
-----------------
Beaumont Cornish
-----------------
Roland Cornish/Felicity
Geidt
-----------------
Joint Broker +44 20 7186 9950
-----------------
Shard Capital Partners
LLP
-----------------
Damon Heath/ Erik Woolgar
-----------------
Joint Broker +44 20 7562 3351
-----------------
Peterhouse Capital Limited
-----------------
Lucy Williams
-----------------
The following information relating to the transaction has been
filed with the FCA in accordance with Article 19(1) of the Market
Abuse Regulation,
Nicholas Lee
1 Details of t he p erson disc harging managerial responsib
ilities/p erson closely associated
a) Name Nicholas Lee
-------------------------- -----------------------------------------
2 Reason for notification
---------------------------------------------------------------------
a) Position / status Investment Director
-------------------------- -----------------------------------------
b) I nitial notification Initial
/Amendment
-------------------------- -----------------------------------------
3 Details of t he issu er, emission allow a n ce m a r
k et participan t, au ct ion plat for m, au ction eer
or auc tion monitor
---------------------------------------------------------------------
a) Name RiverFort Global Opportunities plc
-------------------------- -----------------------------------------
b) LEI 2138005S1G2RM953YX87
-------------------------- -----------------------------------------
4 Details of t he t ransact ion (s): section to be re
p eated for ( i) e a ch type of instr u m e n t; (ii)
each type of transac tion; (iii) each date; and ( iv)
each place w h ere transactions have b een condu cted
---------------------------------------------------------------------
a) Description of the Options over Ordinary shares of GBP0.001
financial instrument, each in RiverFort Global Opportunities
t ype of instrument plc
I d e ntification
code ISIN GB0001636918
-------------------------- -----------------------------------------
Nature of the transaction Issue of Options
-------------------------- -----------------------------------------
c) Price(s) and volumes(s) Exercise Price(s) Volumes(s)
1 pence 16,900,000
-----------
-------------------------- -----------------------------------------
d) Aggregated information n/a
-------------------------- -----------------------------------------
e) Date of the transaction 12 February 2021
-------------------------- -----------------------------------------
f) Place of the transaction Off market
-------------------------- -----------------------------------------
The following information relating to the transaction has been
filed with the FCA in accordance with Article 19(1) of the Market
Abuse Regulation,
Philip Haydn-Slater
1 Details of t he p erson disc harging managerial responsib
ilities/p erson closely associated
a) Name Philip Haydn-Slater
-------------------------- -----------------------------------------
2 Reason for notification
---------------------------------------------------------------------
a) Position / status Non-Executive Chairman
-------------------------- -----------------------------------------
b) I nitial notification Initial
/Amendment
-------------------------- -----------------------------------------
3 Details of t he issu er, emission allow a n ce m a r
k et participan t, au ct ion plat for m, au ction eer
or auc tion monitor
---------------------------------------------------------------------
a) Name RiverFort Global Opportunities plc
-------------------------- -----------------------------------------
b) LEI 2138005S1G2RM953YX87
-------------------------- -----------------------------------------
4 Details of t he t ransact ion (s): section to be re
p eated for ( i) e a ch type of instr u m e n t; (ii)
each type of transac tion; (iii) each date; and ( iv)
each place w h ere transactions have b een condu cted
---------------------------------------------------------------------
a) Description of the Options over Ordinary shares of GBP0.001
financial instrument, each in RiverFort Global Opportunities
t ype of instrument plc
I d e ntification
code ISIN GB0001636918
-------------------------- -----------------------------------------
Nature of the transaction Issue of Options
-------------------------- -----------------------------------------
c) Price(s) and volumes(s) Exercise Price(s) Volumes(s)
1 pence 16,900,000
-----------
-------------------------- -----------------------------------------
d) Aggregated information n/a
-------------------------- -----------------------------------------
e) Date of the transaction 12 February 2021
-------------------------- -----------------------------------------
f) Place of the transaction Off market
-------------------------- -----------------------------------------
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