RNS Number : 0470P
Arcontech Group PLC
05 December 2024
 

ARCONTECH GROUP PLC

 

("Arcontech" or the "Company")

 

Grant of Options

 

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that on 4 December 2024 it granted a total of 30,000 options ("Options") over ordinary shares of £0.125 in the Company ("Ordinary Shares") under the Company's EMI scheme to the following person disclosing managerial responsibility ("PDMRs"), Mark Maguire (Head of Customer Support).

 

The Options have been granted at a price of 125.5p pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 3 December 2024. The Options will be exercisable from 30 June 2027 and are not subject to performance criteria.

 

Following this grant, there are a total of 610,500 options outstanding, representing approximately 4.5% of the current issued share capital of the Company.

 

Further detail is set out in the PDMR disclosure tables below.

 

* Fully diluted earnings will be based on: (a) the Company's pre-tax profit excluding exceptional items and the share option charge and (b) the current UK corporation tax rate of 19%, such that the fully diluted earnings calculation takes no account of R&D and deferred tax credits. For the purposes of the fully diluted earnings calculation, the applied rate of corporation tax will remain constant at 19% irrespective of any current or future changes to corporation tax.

 

 

Enquiries:



Arcontech Group plc

 020 7256 2300

Geoff Wicks,  Chairman and Non-Executive Director



Matthew Jeffs,  Chief Executive Officer







Cavendish Capital Markets Ltd (Nomad & Broker)



Carl Holmes/Rory Sale (Corporate Finance)

Harriet Ward (Corporate Broking)

020 7220 0500

To access more information on the Group please visit:   www.arcontech.com

 

1.           

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Maguire

2.           

Reason for the Notification

a)

Position/status

Head of Customer Support

b)

Initial notification/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Arcontech Group Plc

b)

LEI

213800O7PM9V79TP7523

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

Options over Ordinary Shares of £0.125

Identification code

ARC GB00BDBBJZ03

b)

Nature of the transactions

Grant of Options over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

125.5p

30,000

d)

Aggregated information:

·    Aggregated volumes

·    Prices

See 4(c) above

e)

Date of the transaction

04 December 2024

f)

Place of the transaction

Off market transaction

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDELFBZLLZFBL
Arcontech (LSE:ARC)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Arcontech Charts.
Arcontech (LSE:ARC)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Arcontech Charts.