DeepMatter Group PLC Grant of PDMR Options (1572J)
18 December 2020 - 9:30PM
UK Regulatory
TIDMDMTR
RNS Number : 1572J
DeepMatter Group PLC
18 December 2020
18 December 2020
DeepMatter Group plc
("DeepMatter", the "Company" or "the Group")
Grant of Options
DeepMatter (AIM: DMTR), the AIM-quoted company focusing on
digitising chemistry, announces that options over a total of
5,000,000 ordinary shares have been granted to Fraser Benson, Chief
Financial Officer, under the Share Option Plan 2017 ("Options").
The exercise price of the Options is 2.5p, aligned with those
issued to the management team in 2019 under the same scheme.
Provided Fraser Benson remains an employee, his options vest over
36 months starting from 1 February 2021 subject to the specific
share price triggers set out in the table below being reached. All
unexercised options lapse after 10 years from the date of
grant.
Share Price Number of plan shares in respect of which the
Trigger (GBP) Options may be exercised
None 1,666,656
----------------------------------------------
0.04 1,111,112
----------------------------------------------
0.06 277,778
----------------------------------------------
0.08 277,778
----------------------------------------------
0.10 277,778
----------------------------------------------
0.12 277,778
----------------------------------------------
0.14 277,778
----------------------------------------------
0.16 277,778
----------------------------------------------
0.18 277,778
----------------------------------------------
0.20 277,775
----------------------------------------------
For more information, please contact:
DeepMatter Group plc T: 0141 548 8156
Mark Warne, Chief Executive Officer
C anaccord Genuity Limited (Nominated
Advisor and Broker) T: 020 7523 8000
Bobbie Hilliam / Angelos Vlatakis
Alma PR T: 020 3405 0205
Caroline Forde / Harriet Jackson / Kieran deepmatter@almapr.co.uk
Breheny
About DeepMatter Group plc
DeepMatter's long term strategy is to integrate chemistry with
technology, thereby enabling a greater use of artificial
intelligence and reaching a point where chemicals can be
autonomously synthesised through robotics. It has developed and is
commercialising data rich platform technologies, including software
and laboratory hardware, focused on applications to improve R&D
productivity and discovery using Machine Learning / Artificial
Intelligence.
DeepMatter's technologies allow chemistry experiments to be
accurately and systematically recorded, coded and entered into a
shared data cloud. They are designed to enable chemists to work
together effectively; sharing the details of their experiments from
anywhere and in real-time, so that work is not needlessly
duplicated, time and money wasted, and ultimately so new
discoveries may be made faster.
Visit: www.deepmatter.io and follow @deepmattergroup
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Fraser Benson
--------------------------- ------------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------- ------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name DeepMatter Group plc
--------------------------- ------------------------------------
b) LEI 213800WSAEORFSGUAB87
--------------------------- ------------------------------------
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 Ordinary Shares of 0.01 pence each
financial instrument,
type of instrument
Identification code ISIN: GB00B29YYY86
b) Nature of the transaction Grant of options
--------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
2.5p 5,000,000
==========
--------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
- Total
e) Date of the transaction 17 December 2020
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------
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END
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