Share Incentive Plan

By

Regulatory News | 12 Aug, 2024

Updated : 14:22

RNS Number : 9834Z
TPXimpact Holdings PLC
12 August 2024
 

12 August 2024

 

TPXimpact Holdings PLC

("TPX" or the "Company")

Share Incentive Plan

 

The SIP Trustees (Cytec Trustees Limited) acquired a total of 17,768 shares (the "Partnership Shares") on 8th August 2024 at a price of £0.49 per Ordinary Share and a total aggregate cost of £8,706.32. The Partnership Shares were acquired through market purchases and have been allocated to those Company employees participating in its Share Incentive Plan (SIP) scheme.

 

As set out at the time of the announcement of TPXimpact's interim results on 30 November 2020, this SIP Plan is designed to reward and incentivise employees of the Company through tax-efficient salary sacrifice and a free matching award of Ordinary Shares on a one-for-one basis. Accordingly, on 8th August 2024, the SIP Trustees allocated a total of 17,768 matching shares (the "Matching Shares") under the SIP. The Matching Shares have been transferred from the Company's Employee Benefit Trust (EBT). Following this transfer of shares, the EBT holds a total of 758,497 Ordinary Shares representing 0.82% of TPX's issued share capital.

TPXimpact Holdings PLC's (AIM: TPX) total issued share capital consists of 92,159,555 ordinary shares of 1 penny each.

 

Enquiries:

TPXimpact Holdings

Bjorn Conway, CEO

Steve Winters, CFO

Stifel Nicolaus Europe Limited

(Nomad and Joint Broker)

Fred Walsh

Ben Good

Sarah Wong

 

Via Alma Strategic

 

+44 (0) 207 710 7600

Dowgate Capital Limited

(Joint Broker)

 

James Serjeant

Russell Cook

+44 (0) 203 903 7715

Alma Strategic Communications

(Financial PR)

Josh Royston

Kieran Breheny

tpx@almastrategic.com

+44 (0) 203 405 0209

 

 About TPXimpact

We believe in a world enriched by people-powered digital transformation. Working in collaboration with organisations, we're on a mission to accelerate positive change and build a future where people, places and the planet are supported to thrive.

Led by passionate people, TPXimpact works closely with its clients in agile, multidisciplinary teams; challenging assumptions, testing new approaches and building confidence and capabilities. Combining our rich heritage with expertise in human-centred design, data, experience and technology, we work to create sustainable solutions with the flexibility to learn, evolve and change.

The business is being increasingly recognised as a leading alternative digital transformation provider to the UK public services sector, with over 90% of its FY24 revenues represented by public services clients.

More information is available at www.tpximpact.com.

 

 

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