Business

Molten Ventures Plc: DSH-Director/PDMR Shareh...

Molten Ventures Plc: DSH-Director/PDMR Shareh....

articleMolten Ventures PlcJune 24, 20245/company/draper-esprit-plc/news/molten-ventures-plc-dsh-directorpdmr-shareh
Molten Ventures Plc: DSH-Director/PDMR Shareh...

About this update from Molten Ventures Plc

[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nMolten Ventures Plc (GROW; GRW)\n\n\n\n\n\n\nMolten Ventures Plc: DSH-Director/PDMR Shareholding 24-Jun-2024 / 17:55 GMT/BST\n\n\nMOLTEN VENTURES PLC\n\n(\"Molten Ventures\" or the \"Company\")\n\n \n\n \n\nGrant of Options to Persons Discharging Managerial Responsibility (\"PDMR\")\n\n \n\nMolten Ventures PLC (LSE: GROW, Euronext Dublin: GRW) announces that options (the \"Options\") over a total of 977,169 ordinary shares with a nominal value of 1p each 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.\n\n \n\n\n LTIP\n \n \n No. of Options awarded\n \n \n  \n \n \n  \n \n \n Martin Davis\n \n \n 337,512\n \n \n Stuart Chapman\n \n \n 231,995\n \n \n Ben Wilkinson\n \n \n 233,592\n \n \n  \n \n \n  \n \n \n DBP\n \n \n No. of Options awarded\n \n \n  \n \n \n  \n \n \n Martin Davis\n \n \n 73,751\n \n \n Stuart Chapman\n \n \n 50,694\n \n \n Ben Wilkinson\n \n \n 49,625\n \n  \n\nThe Options awarded under the LTIP have an exercise price of 1p each and are subject to LTIP performance conditions which, together with a summary of the LTIP, are set out in the Company's Annual Report for the year ended 31 March 2024, which was published on 12 June 2024 (available at www.moltenventures.com) (“Annual Report”).\n\n \n\nThe Options awarded under the DBP have an exercise price of 1p each and are subject to a deferral period of two years before they can be exercised.\n\n \n\nThe notification set out in the Annex below, made in accordance with the requirements of the UK and EU Market Abuse Regulations, provides further details of the Options awarded:\n\n \n\nANNEX\n\n \n\n\n  \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n\n  \n \n \n  \n \n \n Name\n \n \n Martin Davis\n\n  \n \n \n  \n \n \n Reason for the notification\n\n  \n \n \n  \n \n \n Position / status\n \n \n Chief Executive Officer\n\n  \n \n \n  \n \n \n Initial notification / amendment\n \n \n Initial notification\n\n  \n \n \n  \n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or au...

More updates from Molten Ventures Plc