Fadel Partners, Inc.
('FADEL', the 'Company' or, together with its subsidiaries, the 'Group')
Grant of Options
On 22 March 2024 Ian Flaherty, Chief Financial Officer, was awarded the following options over the Company's common shares of US $0.001 par value each ("Common Shares") under the FADEL 2023 Equity Incentive Plan ("Plan"):
| Name of PDMR | Number of share options granted | Exercise price | Total number of share options held following this notification | Total number of share options as % of current issued share capital |
|
|
|
|
|
|
| Ian Flaherty | 252,890 | GBP£1.44 | 252,890 | 1.25% |
The market priced share options granted to Ian Flaherty on 22 March 2024 shall become 25% vested and exercisable on the twelve-month anniversary of the date of grant, 22 March 2025, with the remaining balance of option shares becoming vested and exercisable in 36 equal monthly installments commencing with the month following the twelve-month anniversary of the grant date.
In addition, further grants of, in aggregate, 377,312 options over Common Shares have been made to certain employees, also under the Plan.
Further to the above grants, the number of options over Common Shares granted under the Plan now represents 7.21% of the Company's current issued share capital.
This announcement contains inside information for the purposes of the retained UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK MAR").
For further information please contact:
| Tarek Fadel, Chief Executive Officer Ian Flaherty, Chief Financial Officer | Via Alma PR |
| | |
| Cavendish Capital Markets Limited (Nomad & Broker) | 020 7220 0500 |
| Jonny-Franklin Adams, Emily Watts, Abigail Kelly (Corporate Finance) | |
| Tim Redfern, Sunila De Silva (ECM) | |
| | |
| Alma Strategic Communications | Tel: +44(0)20 3405 0205 |
| Josh Royston | fadel@almastrategic.com |
| Andy Bryant | |
| Sam Modlin | |
Details of the transaction are reported in the PDMR notification below:
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
| a) | Name | Ian Flaherty | |
| 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 | Fadel Partners, Inc. | |
| b) | LEI | 2138006CF39FSLKDRZ65 | |
| 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 | Grant of options over 252,890 common shares of US $0.001 par value each.
ISIN: USU3033R1024
| |
| c) | Currency | GBP£ | |
| d) | Price(s) and volumes(s) | Price(s) | Volume(s)
|
|
|
| GBP£1.44 | 252,890 |
| e) | Aggregated information - Aggregated volume - Price
| As above | |
| f) | Date of the transaction | 22 March 2024 | |
| g) | Place of the transaction | NA (grant of options) | |
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