This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
6 January 2025
Supernova Digital Assets PLC
("Supernova" or the "Company")
Grant of Share Options and Director's Dealings
Supernova Digital Assets PLC (AQSE: SOL) announces that it has granted options over a total of 160,000,000 ordinary shares of £0.001 each ("Options"), details of which are set out below.
The Options are exercisable at 0.325p per share, the current share price on the grant day of 2 January 2025. A total of 50,000,000 Options were granted pursuant to the Company's Enterprise Management Incentive ("EMI") Option Plan.
| Option holder | Number of options | Exercise Price per Share | Whether EMI or non-qualifying Option | Lapse date | Vesting |
| Nicholas Lyth
| 50,000,000 | 0.325 pence per Share | EMI | 10th anniversary of the Grant Date | 12/36ths vest on Grant Date, and thereafter a further 1/24th of the remaining Shares vest each month |
| Marallo Pte Ltd (Controlled by Mike Edwards) | 100,000,000 | 0.325 pence per Share | Non-qualifying | 10th anniversary of the Grant Date | 12/36ths vest on Grant Date, and thereafter a further 1/24th of the remaining Shares vest each month |
| Carraway Capital Corporation (Controlled by Mark Rutledge) | 10,000,000 | 0.325 pence per Share | Non-qualifying | 10th anniversary of the Grant Date | 12/36ths vest on Grant Date, and thereafter a further 1/24th of the remaining Shares vest each month |
The Directors of Supernova accept responsibility for this announcement.
For further information please contact:
| Supernova Digital Assets | |
| Mike Edwards Executive Chairman | Via First Sentinel
|
| First Sentinel | |
| Corporate Adviser Brian Stockbridge | +44 7858 888 007
|
About Supernova Digital Assets:
The Company will look to identify investment and business building opportunities in the high growth Solana and crypto currency ecosystem. The Board intends to deploy the majority of the Company's cash resources in the acquisition of minority interests in a number of different, yet to be identified, companies in the broad Solana and crypto currency ecosystem, and to apply expertise to the business operations and strategic plans of these companies. The experience, operational skills and contacts of the Board are intended to act as an accelerator to start-ups and early-stage companies to maximise their profit opportunity. It is anticipated that returns to Shareholders will be delivered through a combination of an appreciation in the Company's share price and through the adoption of a progressive dividend policy. The Company's Directors have an established track record, experience and networks in the crypto currency sector, digital assets management, as well as the media industry to drive value creation.
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 | Nicholas Lyth | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Director | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Supernova Digital Assets PLC | ||||
| b) | LEI | 213800JY9TG4848ZLR34 | ||||
| 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 | ||||
| | ISIN | GB00BN6JHS87 | ||||
| b) | Nature of the transaction | Grant of an option over ordinary shares under the Enterprise Management Incentive Option Plan at Nil consideration | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
50,000,000 Ordinary Shares £162,500 | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the Transaction | Outside trading venue | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Marallo Pte Ltd | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | PCA of Mike Edwards, Director of Supernova Digital Assets PLC | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Supernova Digital Assets PLC | ||||
| b) | LEI | 213800JY9TG4848ZLR34 | ||||
| 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 | ||||
| | ISIN | GB00BN6JHS87 | ||||
| b) | Nature of the transaction | Grant of an option over ordinary shares at Nil consideration | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
100,000,000 Ordinary Shares £325,000 | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the Transaction | Outside trading venue | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Carraway Capital Corporation | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | PCA of Mark Rutledge, Director of Supernova Digital Assets PLC | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Supernova Digital Assets PLC | ||||
| b) | LEI | 213800JY9TG4848ZLR34 | ||||
| 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 | ||||
| | ISIN | GB00BN6JHS87 | ||||
| b) | Nature of the transaction | Grant of an option over ordinary shares at Nil consideration | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
10,000,000 Ordinary Shares £32,500 | ||||
| e) | Date of the transaction | 2 January 2025 | ||||
| f) | Place of the Transaction | Outside trading venue | ||||
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