Business
Director/PDMR Shareholding and Grant of Options
Director/PDMR Shareholding and Grant of Options.
About this update from Gfinity Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9559A\n Gfinity PLC\n 07 June 2021\n \n \n \n \n 7 June 2021 \n \n \n \n \n \n Gfinity plc\n \n \n (\"Gfinity\" or the \"Company\")\n \n \n Issue of Equity \n \n \n Director/PDMR Shareholding\n \n \n Grant of Options\n \n \n Exercise of Options\n \n \n Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider, announces that it has issued 15,000,000 ordinary shares of 0.1 pence each (\"Ordinary Shares\") pursuant to the exercise of options over Ordinary Shares (\"Options\"), including the exercise of 500,000 Options by John Clarke, Chief Executive Officer of Gfinity, and 500,000 Options by Jonathan Hall, Chief Finance and Operating Officer of Gfinity, each at a price of 1 pence per Ordinary Share.\n \n \n Following the above Option exercises, Mr Clarke and Mr Hall each hold 1,222,222 Ordinary Shares.\n \n \n Application has been made for admission of the Ordinary Shares to trading (\"Admission\"), expected to be effective 10 June 2021. Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 930,513,248. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \n \n Grant of Options\n \n \n Gfinity also announces the Company's remuneration committee has agreed to grant the following Options to directors, at an exercise price of 4.65 pence per Ordinary Share. 50% of the Option awards will vest immediately, and 50% will vest after 1 year. The Options will expire after 10 years if not exercised.\n \n \n \n \n \n Director\n \n \n \n \n Role\n \n \n \n \n Number of Options granted\n \n \n \n \n Resultant number of Options held\n \n \n \n \n \n \n John Clarke\n \n \n \n \n Chief Executive Officer\n \n \n \n \n 6,000,000\n \n \n \n \n 14,000,000\n \n \n \n \n \n \n Jonathan Hall\n \n \n \n \n Chief Finance and Operating Officer\n \n \n \n \n 4,000,000\n \n \n \n \n 9,000,000\n \n \n \n \n \n \n \n \n ENDS\n \n \n \n Enquiries \n \n :\n \n \n \n \n \n Gfinity plc\n \n \n John Clarke, CEO\n \n \n \n \n \n www.gfinityplc.com\n \n \n \n Via Teneo\n \n \n \n \n \n \n \n \n \n \n...