TIDMSYME

RNS Number : 9984E

Supply @ME Capital PLC

02 November 2022

2 November 2022

Supply@ME Capital plc

(the " Company ", " Supply@ME " or " SYME ")

Grant of Awards under the Supply@ME Long Term Incentive Plan

SYME, the fintech business which provides an innovative fintech platform ("Platform") for use by manufacturing and trading companies to access Inventory Monetisation(c) solutions enabling their businesses to generate cashflow , announces that, following approval from the Company's board of directors (the "Board" or "Directors") and remuneration committee of the Board, on 31 October 2022 awards in the form of nominal-cost share options ("Awards") over 897,424,157 ordinary shares of nominal value 0.002 pence each in the capital of the Company ("Ordinary Shares") were granted under the Supply@ME Long Term Incentive Plan (the "LTIP") to certain of the Company's executives and senior management.

The Awards granted include those made to the following Director and person discharging managerial responsibilities ("PDMR"):

 
 Name                  Position                    Number of Ordinary Shares 
                                                          under Award 
                       Chief Executive Officer; 
 Alessandro Zamboni     Executive Director                258,750,000 
                      --------------------------  -------------------------- 
                       Chief Financial Officer; 
 Amy Benning            PDMR                              187,500,000 
                      --------------------------  -------------------------- 
 

Pursuant to the terms of the LTIP the Awards will normally become exercisable on 31 October 2025.

Awards may become exercisable subject to continued employment and the achievement of an absolute Total Shareholder Return performance condition measured over a three-year performance period over the 2022, 2023 and 2024 financial years (as set out in SYME's 2021 Annual Report and Accounts).

The Award granted to the Chief Executive Officer is additionally subject to a two-year holding period following the vesting date.

Enquiries:

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com

Media:

Nicola Louis, MHP, Nicola.Louis@mhpc.com

The information set out below is provided in accordance with the requirements of Article 19(3) of Regulation 2014/596/EU, which is part of the domestic law of the United Kingdom of Great Britain and Northern Ireland pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310).

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                                             1. Alessandro Zamboni 
                                                                        2. Amy Benning 
     ------------------------------------------------------------  -------------------------------------------------- 
 2    Reason for notification 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                                  1. Chief Executive Officer; Executive Director 
                                                                        2. Chief Financial Officer; PDMR 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   Initial notification/Amendment                                Initial notification 
     ------------------------------------------------------------  -------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Supply@ME Capital plc 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   LEI                                                           213800ZY2C2TI2C5WQ61 
     ------------------------------------------------------------  -------------------------------------------------- 
 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 financial instrument, type of instrument   Ordinary shares of nominal value 0.002p 
       Identification code                                           each in the capital of Supply@Me Capital 
                                                                     plc 
                                                                     ISIN: GB00BFMDJC60 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   Nature of the transaction                                     Grant of awards in the form of nominal-cost 
                                                                     options over Ordinary Shares under the 
                                                                     Supply@ME Long Term Incentive Plan 
     ------------------------------------------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)             Volume(s) 
                                                                                 1. Nil               1. 258,750,000 
                                                                                  2. Nil               2. 187,500,000 
                                                                                          --------------------------- 
     ------------------------------------------------------------  -------------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                                   446,250,000 
                                                                      Nil 
 
             *    Price 
     ------------------------------------------------------------  -------------------------------------------------- 
 e)   Date of the transaction                                       31 October 2022 
     ------------------------------------------------------------  -------------------------------------------------- 
 f)   Place of the transaction                                      Outside of a trading venue 
     ------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 
 
 

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END

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