Global Invacom Group Limited Grant of Options (5697R)
02 March 2023 - 8:30PM
UK Regulatory
TIDMGINV
RNS Number : 5697R
Global Invacom Group Limited
02 March 2023
Global Invacom Group Limited
("Global Invacom", the "Company" or the "Group")
Grant of Options
Singapore/London, 2 March 2023 - Global Invacom (SGX: QS9) (AIM:
GINV), the global provider of satellite communications equipment
and electronics, announces that a total of 1,800,000 options
("Options") over the Company's ordinary shares of no par value
("Ordinary Shares") were granted to Mr Gordon Blaikie, Interim
Chief Executive Officer and Executive Director, pursuant to the
Global Invacom Share Option Scheme 2013 ("Scheme"). The Options
were granted with an exercise price of S$0.05 (c. 3 pence) per
Ordinary Share, being the average of the last dealt price on the
SGX for the five consecutive trading days. Of the Options, 900,000
are exercisable from 2 March 2024 to 1 March 2033 and 900,000 are
exercisable from 2 March 2025 to 1 March 2033.
The total Options held by Mr Gordon Blaikie will be
3,994,000.
Save for the above, the Directors' interests remain unchanged
and as previously announced.
Following this grant, the Company has a total of 16,394,000
Options in issue under the Scheme.
For further information, please contact:
Global Invacom Group Limited www.globalinvacom.com
Gordon Blaikie, Interim Chief Executive via Vigo Consulting
Officer
Strand Hanson Limited (Nominated Adviser www.strandhanson.co.uk
and Broker)
James Harris / Richard Johnson / David Tel: +44 20 7409
Asquith 3494
Vigo Consulting (UK Media & Investor www.vigoconsulting.com
Relations)
Jeremy Garcia / Fiona Hetherington / Tel: +44 20 7390
Kendall Hill 0238
ginv@vigoconsulting.com
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name Mr Gordon Blaikie
------------------------------- -------------------------------------------
Reason for the Notification
2.
----------------------------------------------------------------------------
a) Position/status Interim CEO and Executive Director
------------------------------- -------------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- -------------------------------------------
Details of the issuer, emission allowance market participant,
3. auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Global Invacom Group Limited
------------------------------- -------------------------------------------
b) LEI 213800EHSM1ITAQYDT90
------------------------------- -------------------------------------------
Details of the transaction(s): section to be repeated for
4. (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 no par value
Financial instrument,
type of instrument
Identification code ISIN: SG2E91982768
------------------------------- -------------------------------------------
b) Nature of the transaction Grant of Options to subscribe for ordinary
shares of no par value
------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
S$0.05 (c.
3 pence) 1,800,000
----------
------------------------------- -------------------------------------------
d) Aggregated information: N/A
Aggregated volume
Price
------------------------------- -------------------------------------------
e) Date of the transaction 2 March 2023
------------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- -------------------------------------------
About Global Invacom Group Limited
Global Invacom is a fully integrated satellite equipment
provider with sites across Singapore, China, Indonesia,
Philippines, Malaysia, Israel, UK and the U.S. Its customers
include satellite broadcasters such as Sky Group of the UK and Dish
Network of the USA and Data over Satellite providers including
Hughes Network Systems, Viasat and Gilat Satellite Networks.
Global Invacom provides a full range of satellite ground
equipment including antennas, LNB receivers, transceivers, fibre
distribution equipment, transmitters, switches, and video
distribution components, as well as manufacturing services for the
defence and healthcare sectors. The Group is the world's only
full--service outdoor unit supplier.
Global Invacom is listed on the Mainboard of the Singapore
Exchange Securities Trading Limited and its shares are admitted to
trading on the AIM Market of the London Stock Exchange.
For more information, please refer to www.globalinvacom.com
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END
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