Business
Grant of Options
Grant of Options.
About this update from Celebrus Technologies Plc
[{"type":"text","content":"\n\n28 July 2023\n \nD4t4 Solutions Plc\n \nGrant of Awards under Long Term Incentive Plan\n \nD4t4 Solutions Plc (AIM: D4t4, \"the Group\", \"D4t4\"), the AIM-listed data solutions provider, announces that on 27 July 2023, a number of employees of the Group were granted options over 388,089 ordinary shares of two pence each in the Company, at an exercise price of two pence per share.\nThe awards were made as set out below under the terms of the D4t4 Long Term Incentive Plan (\"LTIP\") and included the PDMRs listed below.\n \n\n\n\n \nPDMR\n\n\nNumber of Options\n \n\n\n\n\nBill Bruno\n\n\n168,913\n\n\n\n\nAsh Mehta\n\n\n84,176\n\n\n\n \nVesting of awards is subject to the satisfaction over the three-year period, beginning 1 April 2023 of specified performance conditions, based on the Company's relative Total Shareholder Return (TSR) in respect of half of the award, and growth in Annual Recurring Revenue (ARR) in respect of the other half. Vesting criteria have been set as follows:\n· TSR of no less than median performance against the selected benchmark for minimum vesting, with a sliding scale above this level, up to full vesting for top-quartile performance.\n· 15% annual compound growth in ARR to achieve minimum award vesting, with a sliding scale above this level, up to full vesting at 27.5% compound growth; and\n \nEnquiries\n\n\n\n\n\n\n\n\n\n\n\nfinnCap (Nominated Adviser & Joint Broker)\nJulian Blunt / Edward Whiley, Corporate Finance\nAlice Lane, ECM\n \n\n\n+44 (0) 20 7220 0500\n\n\n\n\nCanaccord Genuity (Joint Broker)\nSimon Bridges / Andrew Potts\n \n\n\n+44 (0) 20 7523 8000\n\n\n\n \nAbout D4t4 Solutions plc\n \nD4t4 Solutions plc (AIM: D4t4) was founded around a passion for helping brands improve their relationships with their consumers via better data.\n \nSupporting customers in financial services, retail, travel, healthcare, and telecommunications across over 27 countries, D4t4 enables businesses to make smarter, informed decisions via Celebrus, the company's flagship first-party...