Business
Grant of Options and PDMR Dealings
Grant of Options and PDMR Dealings.
About this update from Altitude Group Plc
[{"type":"text","content":"\n\nAltitude Group plc\n(\"Altitude\", the \"Company\" or the \"Group\")\nGrant of Options and PDMR Dealings\nAltitude Group plc (AIM: ALT), the leading end-to-end solutions provider for branded merchandise, announces that on 13 May 2025 it granted options over 500,000 ordinary shares of 0.4p each (\"Ordinary Shares\") (the \"Options\") to Alexander Brennan, Non-Executive Chair of the Company.\nThe Options are exercisable at nil cost and will vest on the achievement of the following share price targets within the 3 year period following the date of grant (the \"Performance Period\")\n· 250,000 Options will vest if the closing price of an Ordinary Share is 40 pence or higher for a period of 5 continuous days during the Performance Period; and\n· 250,000 Options will vest if the closing price of an Ordinary Share is 50 pence or higher for a period of 5 continuous days during the Performance Period.\nOnce vested, the Options will be exercisable between the third and fifth anniversary of the date of grant and will expire two years after the third anniversary of grant.\nIn aggregate the Options, when added to other employee options already in existence, will result in employee options existing in relation to approximately 7.6 per cent. of the issued share capital of the Company.\nOf this, options over 2.8% per cent of the issued share capital of the Company are at exercise prices of between 75 pence and 97.5 pence per Ordinary Share and 4.2% are exercisable on achievement of EPS growth targets over a three year period.\nFor enquiries, please contact:\n\n\n\n\nAltitude Group plc\nNichole Stella, Chief Executive Officer\nGraham Feltham, Chief Financial Officer\n \n\n\nVia Zeus Capital\n\n\n\n\nZeus (Nominated Adviser & Broker)\nDan Bate / James Edis (Investment Banking)\nDominic King (Corporate Broking)\n\n\nTel: 0203 829 5000\n\n\n\n\n \n \nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them\n \n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName:\n\n\nAlexander Brennan\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/Status:\n \n\n\nNon-Executive Chair\n\n\...