26 November 2021
CROMA SECURITY SOLUTIONS GROUP PLC
("CSSG", the "Company" or the "Group")
Grant of Options, PDMR dealing
Croma Security Solutions Group plc, the AIM listed total security provider, announces that on 24 November 2021 the remuneration committee approved the grant of options over, in aggregate, 68,180 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") to Paul Williamson, Executive Director, and Sebastian Morley, Executive Chairman (the "Options"). The Options have been granted with effect from 2 November 2021 at an exercise price of 88p and will vest and become exercisable on the third anniversary of date of grant, and lapse on the earlier of cessation of employment (or 6 months thereafter if options have vested at cessation date) or the 5th anniversary of date of grant.
There are no other options currently in issue, therefore a total of 68,180 option are outstanding following these latest grants, which represents approximately 0.4 per cent. of the Company's existing issued share capital of 15,898,656 Ordinary Shares of which 996,514 are held in treasury.
The Options have been issued under the CSSG Share Option Scheme 2014, which is a share option scheme approved by HMRC.
For further information visit www.cssgroupplc.com or contact:
Croma Security Solutions Group Plc Tel: +44 (0)7768 006 909
Sebastian Morley (Chairman)
WH Ireland Limited Tel: +44 (0)207 220 1666
(Nominated Adviser and Broker)
Mike Coe/ Jessica Cave/ Sarah Mather
Novella Tel: +44 (0)203 151 7008
Tim Robertson
Fergus Young
PDMR Dealings
The notification of dealing forms for each Director can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
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| a)
| Name
| Paul Williamson | |||
| 2
| Reason for the notification
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| a)
| Position/status
| 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
| Croma Security Solutions Group plc | |||
| b)
| LEI
| 2138003YT8SFYNFB1G30 | |||
| 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 | Ordinary Shares of 5p each | |||
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| Identification code | GB00B5MJV178 | ||||
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| b)
| Nature of the transaction
| Grant of options | |||
| c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| Purchase |
| 88p | 34,090 |
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| Transfer Purchase |
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| d)
| Aggregated information |
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| - Aggregated volume | N/A | ||||
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| - Aggregated Price |
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| e)
| Date of the transaction
| 24 November 2021 | |||
| f)
| Place of the transaction | London Stock Exchange, AIM | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Sebastian Morley | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Executive Chairman | |||
| b)
| Initial notification /Amendment
| Initial Notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Croma Security Solutions Group plc | |||
| b)
| LEI
| 2138003YT8SFYNFB1G30 | |||
| 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 | Ordinary Shares of 5p each | |||
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| Identification code | GB00B5MJV178 | ||||
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| b)
| Nature of the transaction
| Grant of options | |||
| c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
| |
| Purchase |
| 88p | 34,090 |
| |
| Transfer Purchase |
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| d)
| Aggregated information |
| |||
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| - Aggregated volume | N/A | ||||
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| - Aggregated Price |
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| e)
| Date of the transaction
| 24 November 2021 | |||
| f)
| Place of the transaction | London Stock Exchange, AIM | |||
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