Brand Architekts Group plc
("Brand Architekts" or "the Company")
Grant of share options
Brand Architekts Group plc (the Company), pursuant to the rules of the Company's 2017 CSOP scheme ("CSOP"), announces the grant of options over ordinary shares of 5p each in the Company ("Ordinary Shares") including to an Executive Director and certain PDMR's of the Company.
Grant of Options
The Company has granted, on 14 December 2023, (the 'Grant Date'), a total of 575,000 options over Ordinary Shares of the Company ('Options') to certain employees including an Executive Director and two PDMR's of the company under the Company's 2017 CSOP scheme as follows:
|
| Name | Role | Total Number of Options granted
| ||
|
| Geoff Ellis | Chief Financial Officer (Executive Director) | 50,000
| ||
|
| Anna Palmgren-Houel
| Marketing Director (PDMR)
| 90,000
| ||
|
| Charlotte Lee | Financial Controller (PDMR) | 90,000
| ||
| | | |
| ||
The options vest after 3 years and are exercisable at a price of 26.5 pence per share, representing the closing price of the Company's Ordinary Shares on 13 December 2023, being the day prior to the Grant Date. The Options are subject to the individual remaining an employee of the Company. All options expire six years after the Grant Date.
Following the grant of Options above, the total number of ordinary shares subject to options awarded to Directors and staff and which could, in the future, be issued is 1,344,515. This represents 4.8% of the current issued share capital of the Company which comprises 27,943,180 Ordinary Shares.
| For further information, please contact: | | |
| Brand Architekts Group plc | | |
| Quentin Higham | Chief Executive Officer | |
| Geoff Ellis | Chief Financial Officer | |
| | | |
| Shaun Dobson/ Jen Boorer | Singer Capital Markets | 0207 496 3000 |
| Josh Royston / Sam Modlin | Alma PR | 0203 405 0205 |
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 | Geoff Ellis | |||||
| 2 | Reason for the notification | ||||||
| a) | Position/status | Chief Financial Officer | |||||
| b) | Initial notification /Amendment | Initial Notification | |||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a) | Name | Brand Architekts Group PLC | |||||
| b) | LEI | 213800BSD8D9QEUKCE17 | |||||
| 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 5 pence each | |||||
| Identification code | GB0008667304 | | |||||
| b) | Nature of the transaction | Grant of options | |||||
| c) | Price(s) and volume(s) |
| | ||||
| | | ||||||
| d) | Aggregated information | N/A | |||||
| - Aggregated volume | |||||||
| - Price | |||||||
| e) | Date of the transaction | 14 December 2023 | |||||
| f) | Place of the transaction | London Stock Exchange | |||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
| a) | Name | Anna Palmgren-Houel
| |||||
| 2 | Reason for the notification | ||||||
| a) | Position/status | Marketing Director | |||||
| b) | Initial notification /Amendment | Initial Notification | |||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a) | Name | Brand Architekts Group PLC | |||||
| b) | LEI | 213800BSD8D9QEUKCE17 | |||||
| 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 5 pence each | |||||
| Identification code | GB0008667304 | | |||||
| b) | Nature of the transaction | Grant of options | |||||
| c) | Price(s) and volume(s) |
|
| ||||
| d) | Aggregated information | N/A | |||||
| - Aggregated volume | |||||||
| - Price | |||||||
| e) | Date of the transaction | 14 December 2023 | |||||
| f) | Place of the transaction | London Stock Exchange | |||||
| Details of the person discharging managerial responsibilities / person closely associated | ||||||
| Name | Charlotte Lee
| |||||
| Reason for the notification | ||||||
| Position/status | Financial Controller | |||||
| Initial notification /Amendment | Initial Notification | |||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| Name | Brand Architekts Group PLC | |||||
| LEI | 213800BSD8D9QEUKCE17 | |||||
| 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 | ||||||
| Description of the financial instrument, type of instrument | Ordinary Shares of 5 pence each | |||||
| Identification code | GB0008667304 | | ||||
| Nature of the transaction | Grant of options | |||||
| Price(s) and volume(s) |
|
| ||||
| Aggregated information | N/A | |||||
| - Aggregated volume | ||||||
| - Price | ||||||
| Date of the transaction | 14 December 2023 | |||||
| Place of the transaction | London Stock Exchange | |||||
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