Altitude Group plc
("Altitude", the "Company" or the "Group")
Exercise of Options, Director Dealings and Total Voting Rights
Altitude Group plc (AIM: ALT), the leading end-to-end solutions provider for branded merchandise, announces it allotted 1,334,000 new ordinary shares of 0.4p ("Ordinary Shares") following the exercise of nil cost options in the Company (the "Option Exercise"). The allotment has been made to two Directors of the Company, Nichole Stella (Chief Executive Officer), and Deborah Wilkinson (Chief Operating Officer), as well as other Group employees.
Following the Option Exercise, Nichole Stella has been allotted 460,000 Ordinary Shares, and her beneficial holding has increased to 1,625,475 Ordinary Shares, representing 2.24% of the issued share capital of the Company. Deborah Wilkinson has been allotted 115,000 Ordinary Shares and her beneficial holding has increased to 728,030 Ordinary Shares, representing 1.00% of the issued share capital of the Company.
Admission and Total Voting Rights
Following the Option Exercise, Application has been made to the London Stock Exchange for the 1,334,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 6 June 2024.
Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 72,469,730. There are no Shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rule.
For enquiries, please contact:
| Altitude Group plc Nichole Stella, Chief Executive Officer Graham Feltham, Chief Financial Officer
| Via Zeus |
| Zeus (Nominated Adviser & Broker) Dan Bate / David Foreman / James Edis (Investment Banking) Dominic King (Corporate Broking) | Tel: 0203 829 5000 |
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: | i) Nichole Stella ii) Deborah Wilkinson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/Status:
| i) Chief Executive Officer ii) Chief Operating Officer | ||||
| b) | Initial Notification/Amendment:
| Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | |||||
| a) | Name: | Altitude Group plc | ||||
| b) | LEI: |
| ||||
| 4. | Details of 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:
Identification code: | Ordinary shares of 0.4p
GB00B0LSFV82 | ||||
| b) | Nature of the transaction:
| Exercise of Options | ||||
| c) | Price(s) and volume(s): |
| Price(s) | Volume(s) | ||
| i) | Nil | 460,000 | ||||
| ii) | Nil | 115,000 | ||||
| d) | Aggregated volume: Price: | See above | ||||
| e) | Date of the Transaction: | 30 May 2024 | ||||
| f) | Place of the Transaction: | Off Market | ||||
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