TIDMGROW

RNS Number : 3758P

Molten Ventures PLC

17 June 2022

17 June 2022

MOLTEN VENTURES PLC

("Molten Ventures" or the "Company")

Grant of Options to Persons Discharging Managerial Responsibility ("PDMR")

Molten Ventures PLC (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, announ ces that options (the "Options") over a total of 754,719 ordinary shares with a nominal value of 1p each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company's 2021 Long-Term Incentive Plan ("LTIP") and 2021 Deferred Bonus Plan ("DBP"), as set out below.

The Options awarded under the LTIP have a nominal value exercise of 1p price and are subject to LTIP performance conditions which, together with a summary of the LTIP, are set out in the Company's prospectus issued on 19 July 2022 (a copy of which is available at www.moltenventures.com) ("Prospectus") and the Company's Annual Report and Accounts for the year ended 31 March 2022 published on 13 June 2022 (a copy of which is available at www.moltenventures.com) ("Annual Report").

The Options awarded under the DBP have a nominal value exercise of 1p price and are subject to LTIP deferral conditions before they can be exercised which, together with a summary of the DBP, are set out in the Prospectus and the Annual Report.

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

 
 PDMR              LTIP Options  DBP Options   Total Options    Ordinary 
                        awarded      awarded                      Shares 
 Martin Davis           230,319       89,444         949,283      21,132 
                  -------------  -----------  --------------  ---------- 
 Stuart Chapman         158,314       61,481       1,196,904   1,054,756 
                  -------------  -----------  --------------  ---------- 
 Ben Wilkinson          154,976       60,185         725,738      16,923 
                  -------------  -----------  --------------  ---------- 
 

The notification set out in the Annex below, which was made in accordance with the requirements of the UK Market Abuse Regulation, provides further details of such dealings.

ANNEX

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Martin Davis 
     ----------------------------  ------------------------------------- 
 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 participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          Molten Ventures plc 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800IPCR3SAYJWSW10 
     ----------------------------  ------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------- 
 a)   Description of financial      Options in respect of the LTIP 
       instrument,                   and DBP over ordinary shares of 
       type of instrument            1p each 
     ----------------------------  ------------------------------------- 
      Identification Code           GB00BY7QYJ50 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Issue of options 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        319,763 options over ordinary 
                                     shares of 1p each with an exercise 
                                     price of one pence per share 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        n/a 
       - Aggregated volume 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       17 June 2022 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Stuart Chapman 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / status             Chief Portfolio Officer 
     ----------------------------  ------------------------------------- 
 b)   Initial notification /        Initial notification 
       amendment 
     ----------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          Molten Ventures plc 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800IPCR3SAYJWSW10 
     ----------------------------  ------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------- 
 a)   Description of financial      Options in respect of the LTIP 
       instrument,                   and DBP over ordinary shares of 
       type of instrument            1p each 
     ----------------------------  ------------------------------------- 
      Identification Code           GB00BY7QYJ50 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Issue of options 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        219,795 options over ordinary 
                                     shares of 1p each with an exercise 
                                     price of one pence per share 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        n/a 
       - Aggregated volume 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       17 June 2022 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Ben Wilkinson 
     ----------------------------  ------------------------------------- 
 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                          Molten Ventures plc 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800IPCR3SAYJWSW10 
     ----------------------------  ------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------- 
 a)   Description of financial      Options in respect of the LTIP 
       instrument,                   and DBP over ordinary shares of 
       type of instrument            1p each 
     ----------------------------  ------------------------------------- 
      Identification Code           GB00BY7QYJ50 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Issue of options 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        215,161 options over ordinary 
                                     shares of 1p each with an exercise 
                                     price of one pence per share 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        n/a 
       - Aggregated volume 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       17 June 2022 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 

Enquiries

 
Molten Ventures plc 
 Martin Davis (Chief Executive Officer) 
 Ben Wilkinson (Chief Financial Officer)   +44 (0)20 7931 8800 
Numis Securities 
 Nominated Adviser & Joint Broker 
 Simon Willis 
 Richard Thomas 
 Jamie Loughborough                        +44 (0)20 7260 1000 
Goodbody Stockbrokers 
 Euronext Growth Adviser & Joint Broker 
 Don Harrington 
 Charlotte Craigie 
 Dearbhla Gallagher                        +44 (0) 20 3841 6202 
Powerscourt 
 Public relations 
 Robin O'Kelly 
 Jane Glover                               +44 (0)20 7250 1446 
 

END

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June 17, 2022 12:45 ET (16:45 GMT)

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