Grant of Options
ARCONTECH GROUP PLC
("Arcontech" or the "Company")
Grant of Options
Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that on 4 December 2024 it granted a total of 30,000 options ("Options") over ordinary shares of £0.125 in the Company ("Ordinary Shares") under the Company's EMI scheme to the following person disclosing managerial responsibility ("PDMRs"), Mark Maguire (Head of Customer Support).
The Options have been granted at a price of 125.5p pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 3 December 2024. The Options will be exercisable from 30 June 2027 and are not subject to performance criteria.
Following this grant, there are a total of 610,500 options outstanding, representing approximately 4.5% of the current issued share capital of the Company.
Further detail is set out in the PDMR disclosure tables below.
* Fully diluted earnings will be based on: (a) the Company's pre-tax profit excluding exceptional items and the share option charge and (b) the current UK corporation tax rate of 19%, such that the fully diluted earnings calculation takes no account of R&D and deferred tax credits. For the purposes of the fully diluted earnings calculation, the applied rate of corporation tax will remain constant at 19% irrespective of any current or future changes to corporation tax.
Enquiries: | |
Arcontech Group plc | 020 7256 2300 |
Geoff Wicks, Chairman and Non-Executive Director | |
Matthew Jeffs, Chief Executive Officer | |
Cavendish Capital Markets Ltd (Nomad & Broker) | |
Carl Holmes/Rory Sale (Corporate Finance) Harriet Ward (Corporate Broking) | 020 7220 0500 |
To access more information on the Group please visit: www.arcontech.com
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Mark Maguire | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Head of Customer Support | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Arcontech Group Plc | ||||
b) | LEI | 213800O7PM9V79TP7523 | ||||
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 instrument, type of instrument | Options over Ordinary Shares of £0.125 | ||||
Identification code | ARC GB00BDBBJZ03 | |||||
b) | Nature of the transactions | Grant of Options over Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volumes · Prices | See 4(c) above | ||||
e) | Date of the transaction | 04 December 2024 | ||||
f) | Place of the transaction | Off market transaction | ||||
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