Business
Grant of options under Sharesave Scheme
Grant of options under Sharesave Scheme.
About this update from Bytes Technology Group Plc
[{"type":"text","content":"\n\n26 June 2025\n \nBytes Technology Group plc (\"the Company\")\n \nGrant of options under Sharesave Scheme\n \nOn 25 June 2025, the Company granted options over a total of 489,323 ordinary shares of £0.01 each (\"the Options\") under the Bytes Technology Group Sharesave Scheme (\"the Scheme\"). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of £4.18 per ordinary share from 1 August 2028 in accordance with the rules of the Scheme.\n \n\n\n\n\nSharesave Scheme\n\n\nExercise price\n\n\nExercise date\n\n\n\n\n2021 Scheme\n\n\n£4.00\n\n\n1 August 2024\n\n\n\n\n2022 Scheme\n\n\n£3.72\n\n\n1 August 2025\n\n\n\n\n2023 Scheme\n\n\n£3.92\n\n\n1 August 2026\n\n\n\n\n2024 Scheme\n\n\n£4.57\n\n\n1 August 2027\n\n\n\n\n2025 Scheme\n\n\n£4.18\n\n\n1 August 2028\n\n\n\n\n \nJack Watson, Clare Metcalfe and Paul Emms, Persons Discharging Managerial Responsibilities, were each granted 4,389 Options under the 2025 Scheme, with an exercise period of 1 August 2028 - 31 January 2029.\n \nThe notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.\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\nJack Watson\n\n\n\n\n2.\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition / status\n\n\nManaging Director: Bytes Software Services Limited\n\n\n\n\nb)\n\n\nInitial notification / amendment\n\n\nInitial Notification\n\n\n\n\n3.\n\n\nDetails of the issuer or emission allowance market participant\n\n\n\n\na)\n\n\nName\n\n\nBytes Technology Group plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800LA4DZLFBAC9O33\n\n\n\n\n4.\n\n\nDetails of the transaction(s)\n\n\n\n\na)\n\n\nDescription of the financial instrument\nIdentification code\n\n\nOrdinary shares of 1 pence\nGB00BMH18Q19\n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nGrant of share options under the Bytes Technology Group Sharesave Scheme\n\n\n\n\nc)\n\n\nPrice(s) and volume(s)\n\n\nPrice:\n\n\n\n\n418.00p\n\n\n\n\n\n\n\n Volume:\n\n\n\n\n4,389\n\n\n\n\n\n\n\n\n\nd)\n\n\nAggregated information\n- Aggregated volume...