TIDMGFIN
RNS Number : 9559A
Gfinity PLC
07 June 2021
7 June 2021
Gfinity plc
("Gfinity" or the "Company")
Issue of Equity
Director/PDMR Shareholding
Grant of Options
Exercise of Options
Gfinity (AIM: GFIN), a world-leading esports and gaming
solutions provider, announces that it has issued 15,000,000
ordinary shares of 0.1 pence each ("Ordinary Shares") pursuant to
the exercise of options over Ordinary Shares ("Options"), including
the exercise of 500,000 Options by John Clarke, Chief Executive
Officer of Gfinity, and 500,000 Options by Jonathan Hall, Chief
Finance and Operating Officer of Gfinity, each at a price of 1
pence per Ordinary Share.
Following the above Option exercises, Mr Clarke and Mr Hall each
hold 1,222,222 Ordinary Shares.
Application has been made for admission of the Ordinary Shares
to trading ("Admission"), expected to be effective 10 June 2021.
Following Admission, the total number of Ordinary Shares and voting
rights in the Company will be 930,513,248. This figure may be used
by shareholders in the Company 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 Guidance
and Transparency Rules.
Grant of Options
Gfinity also announces the Company's remuneration committee has
agreed to grant the following Options to directors, at an exercise
price of 4.65 pence per Ordinary Share. 50% of the Option awards
will vest immediately, and 50% will vest after 1 year. The Options
will expire after 10 years if not exercised.
Director Role Number of Options Resultant number
granted of Options held
Chief Executive
John Clarke Officer 6,000,000 14,000,000
================= ================== =================
Chief Finance
and Operating
Jonathan Hall Officer 4,000,000 9,000,000
================= ================== =================
S
Enquiries :
Gfinity plc www.gfinityplc.com
John Clarke, CEO Via Teneo
Teneo (Media) Tel: +44 7880 715975
Anthony Di Natale Gfinity@teneo.com
Canaccord Genuity Limited (Nominated Adviser Tel:+44 (0)207 523
& Broker) 8150
Bobbie Hilliam / Georgina McCooke
About Gfinity
Gfinity (AIM: GFIN) is a world leading esports business. Created
by gamers for the world's 2.7 billion gamers, Gfinity has a unique
understanding of this fast-growing global community. It uses this
expertise both to provide advisory services and to design, develop
and deliver unparalleled experiences and winning strategies for
game publishers, sports rights holders, commercial partners and
media companies.
Gfinity connects its partners with the esports community in
authentic and innovative ways. This consists of on-- and off-line
competitions and industry--leading content production.
Relationships include EA SPORTS, Activision Blizzard, F1 Esports
Series and the Forza Racing Championship.
Gfinity connects directly with tens of millions of gamers each
month through its digital media group, Gfinity Digital Media.
Gfinity Digital Media includes websites such as: Gfinityesports,
RealSport101, StealthOptional, RacingGames.gg, MTGRocks.com and
their respective social channels.
All Gfinity services are underpinned by the Company's
proprietary technology platform delivering a level playing field
for all competitors and supporting scalable multi-format leagues,
ladders and knockout competitions.
1 Details of PDMR / person closely associated with them
('PCA')
a) Full Name John Clarke
------------------------------ -------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position / status Chief Executive Officer
------------------------------ -------------------------------------
b) Initial notification Initial Notification
/ amendment
------------------------------ -------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Gfinity plc
---------------------------- ---------------------------------------
b) LEI 213800GNV14EDQNRWI17
---------------------------------------
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 Options over ordinary shares in the
financial instrument capital of the Company
Identification code ISIN: GB00BT9QD572
------------------------------ -------------------------------------
b) Nature of the transaction Exercise of Options
------------------------------ -------------------------------------
c) Price(s) and volume(s) Price: 1.0p
Volume: 500,000
------------------------------ -------------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
and Price
------------------------------ -------------------------------------
e) Date of the transaction 4 June 2021
------------------------------ -------------------------------------
f) Place of the transaction Off Market
------------------------------ -------------------------------------
1 Details of PDMR / person closely associated with them
('PCA')
a) Full Name John Clarke
----------------------------- --------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position / status Chief Executive Officer
----------------------------- --------------------------------------
b) Initial notification Initial Notification
/ amendment
----------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Gfinity plc
--------------------------- ----------------------------------------
b) LEI 213800GNV14EDQNRWI17
----------------------------------------
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 Option over ordinary shares in the
financial instrument capital of the Company
Identification code
ISIN: GB00BT9QD572
----------------------------- --------------------------------------
b) Nature of the transaction Grant of options over ordinary shares
in the capital of the Company
----------------------------- --------------------------------------
c) Price(s) and volume(s) Price: 4.65p
Volume: 6,000,000
----------------------------- --------------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
and Price
----------------------------- --------------------------------------
e) Date of the transaction 4 June 2021
----------------------------- --------------------------------------
f) Place of the transaction Off Market
----------------------------- --------------------------------------
1 Details of PDMR / person closely associated with them
('PCA')
a) Full Name Jonathan Hall
------------------------------ -------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position / status Chief Finance and Operating Officer
------------------------------ -------------------------------------
b) Initial notification Initial Notification
/ amendment
------------------------------ -------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Gfinity plc
---------------------------- ---------------------------------------
b) LEI 213800GNV14EDQNRWI17
---------------------------------------
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 Options over ordinary shares in the
financial instrument capital of the Company
Identification code ISIN: GB00BT9QD572
------------------------------ -------------------------------------
b) Nature of the transaction Exercise of Options
------------------------------ -------------------------------------
c) Price(s) and volume(s) Price: 1.0p
Volume: 500,000
------------------------------ -------------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
and Price
------------------------------ -------------------------------------
e) Date of the transaction 4 June 2021
------------------------------ -------------------------------------
f) Place of the transaction Off Market
------------------------------ -------------------------------------
1 Details of PDMR / person closely associated with them
('PCA')
a) Full Name Jonathan Hall
----------------------------- --------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position / status Chief Finance and Operating Officer
----------------------------- --------------------------------------
b) Initial notification Initial Notification
/ amendment
----------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Gfinity plc
--------------------------- ----------------------------------------
b) LEI 213800GNV14EDQNRWI17
----------------------------------------
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 Option over ordinary shares in the
financial instrument capital of the Company
Identification code
ISIN: GB00BT9QD572
----------------------------- --------------------------------------
b) Nature of the transaction Grant of options over ordinary shares
in the capital of the Company
----------------------------- --------------------------------------
c) Price(s) and volume(s) Price: 4.65p
Volume: 4,000,000
----------------------------- --------------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
and Price
----------------------------- --------------------------------------
e) Date of the transaction 4 June 2021
----------------------------- --------------------------------------
f) Place of the transaction Off Market
----------------------------- --------------------------------------
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
IOEUPURUQUPGPGQ
(END) Dow Jones Newswires
June 07, 2021 02:00 ET (06:00 GMT)
Gfinity (LSE:GFIN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gfinity (LSE:GFIN)
Historical Stock Chart
From Apr 2023 to Apr 2024
