03 December 2021
Mind Gym plc
("Mind Gym" or the "Company")
Grant of Awards under the Long Term Incentive Plan
Mind Gym announces that on 3 December 2021 Ruby McGregor-Smith, Board Chair, was awarded 57,971 share options over ordinary shares of 0.001 pence each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"). In accordance with the LTIP rules, awards to PDMRs based in the UK are in the form of nil-cost options. The vesting period for the awards is between three and five years, and awards are exercisable up to the tenth anniversary, of the award date or earlier if the Board decides otherwise. The Company has consulted with its major institutional shareholders prior to the making of the award.
| PDMR | Shares held | LTIP Options held prior to this award | LTIP Options granted | LTIP Options after this award |
| Ruby McGregor-Smith | - | - | 57,971 | 57,971 |
Enquiries
| Mind Gym plc | +44 (0) 20 7376 0626 |
| Octavius Black (CEO) Ruby McGregor-Smith (Chair) Richard Steele (CFO)
| |
| Liberum (Nominated Adviser and Sole Broker) | +44 (0) 20 3100 2000 |
| Nicholas How Kane Collings
| |
| MHP (for media enquiries) | +44 (0) 20 3128 8572 |
| Reg Hoare Katie Hunt Florence Mayo
| |
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Ruby McGregor-Smith | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Board Chair | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 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
Identification code |
Share options over Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of nil-cost options under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 3 December 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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