Veltyco Group PLC Grant of Options (2465K)
06 July 2017 - 2:04AM
UK Regulatory
TIDMVLTY
RNS Number : 2465K
Veltyco Group PLC
05 July 2017
5 July 2017
Veltyco Group PLC
("Veltyco" or "the Company")
Grant of Options
Veltyco Group plc (AIM: VLTY), the online marketing company for
the gaming industry, announces that on 5 July 2017 options over
300,000 ordinary shares of zero par value (Ordinary Shares") were
granted under the Company's Long Term Incentive Plan May 2016 (as
amended) to each of David Mathewson, Marcel Noordeloos, Hans
Dahlgren and Mark Rosman with an exercise price of 65p per share,
being the closing bid price of the Ordinary Shares the day before
the grant. The 1,200,000 options vest in equal instalments over 4
years following the expiry of one year from the date of grant. Any
unexercised options lapse on the fifth anniversary of the date of
grant.
This announcement contains inside information.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the Market Abuse Regulation (EU)
No 596/2014.
1 Details of the persons discharging managerial
responsibilities
--- ------------------------------------------------------------------
a) Name 1. David Mathewson
2. Mark Rosman
3. Marcel Noordeloos
4. Hans Dahlgren
--- ------------------------- ---------------------------------------
2 Reason for the notification
--- ------------------------------------------------------------------
a) Position/status 1. Chairman
2. Director
3. CFO
4. CTO
--- ------------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ---------------------------------------
3 Details of the issuer
--- ------------------------------------------------------------------
a) Name Veltyco Group plc
--- ------------------------- ---------------------------------------
b) LEI 2138007KWLZHV5I1A979
--- ------------------------- ---------------------------------------
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 Options over Ordinary Shares
the financial of no par value
instrument, type
of instrument
--- ------------------------- ---------------------------------------
Identification ISIN for Ordinary Shares: IM00BYT32K14
code
--- ------------------------- ---------------------------------------
b) Nature of the Grant of options
transaction
--- ------------------------- ---------------------------------------
c) Price(s) and volume(s) Option Volume(s)
Price(s)
---------- ----------------
65p 1. 300,000
---------- ----------------
2. 300,000
---------- ----------------
3. 300,000
----------------
4. 300,000
---------- ----------------
--- ------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume * Options over 1,200,000 shares
- Price
* 65p per share (exercise price)
--- ------------------------- ---------------------------------------
e) Date of the transaction 5 July 2017
--- ------------------------- ---------------------------------------
f) Place of the transaction Outside a trading venue.
Shares issued on exercise of
options to be admitted to trading
on AIM, London Stock Exchange
--- ------------------------- ---------------------------------------
For further information please contact:
+44 (0)16 2460
Veltyco 5764
David Mathewson, Chairman
Marcel Noordeloos, CFO
Northland Capital Partners +44 (0)20 3861
Limited 6625
Tom Price
Edward Hutton
Margarita Mitropoulou
+44 (0)203 053
IFC Advisory (Financial PR) 8671
Graham Herring
Tim Metcalfe
Miles Nolan
About Veltyco
Veltyco is a group of companies primarily focused on generating
marketing leads and entering into marketing contracts for the
activities of various partners in the gaming industry. Veltyco
focuses on complementary activities under one umbrella, leveraging
its historical cash generative activities of marketing online
casinos and sports betting.
Website: www.veltyco.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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