Business
Notification of Transactions of PDMR
Notification of Transactions of PDMR.
About this update from Me Group International Plc
[{"type":"text","content":"\n \n \n 12 May 2022\n \n \n \n \n \n \n \n \n \n Photo-Me International PLC\n \n \n \n \n (the \"Company\")\n \n \n \n \n \n \n \n \n \n Notification of Transactions of Persons Discharging Managerial Responsibility (PDMRs)\n \n \n \n The Company announces that the following PDMRs have today been granted share options over the Company's ordinary shares of 0.5 pence each (\"Ordinary Shares\"), under the Company's Executive Share Option Scheme (2014) (the \"Scheme\").\n \n \n Under the Scheme, Tania Crasnianski, Executive Director, was granted an option over 100,000 Ordinary Shares, and Stéphane Gibon, Chief Financial Officer, was also granted an option over 100,000 Ordinary Shares; in each case, the performance conditions attached to the options relate to 2024 earnings per share (\"EPS\") as follows:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Percentage of vesting\n \n \n \n \n \n \n \n \n EPS to 31 Oct 2024\n \n \n \n \n \n \n \n \n \n Pro-rata vesting between points\n \n \n \n \n \n \n 0%\n \n \n \n \n \n \n Below 10.5\n \n \n \n \n \n \n \n \n Up to portion with an aggregate Exercise Price of no more than 25% of basic salary at grant\n \n \n \n \n \n \n \n 10.5\n \n \n \n \n \n \n \n \n \n Up to portion with an aggregate Exercise Price of no more than 50% of basic salary at grant\n \n \n \n \n \n \n 11\n \n \n \n \n \n \n \n \n Up to portion with an aggregate Exercise Price of no more than 75% of basic salary at grant\n \n \n \n \n \n \n 11.5\n \n \n \n \n \n \n \n \n Up to portion with an aggregate Exercise Price of no more than 100% of basic salary at grant\n \n \n \n \n \n \n \n 12\n \n \n \n \n \n \n \n \n \n Up to portion with an aggregate Exercise Price of no more than 125% of basic salary at grant\n \n \n \n \n \n \n 12.5\n \n \n \n \n \n \n \n \n Up to portion with an aggregate Exercise Price of no more than 150% of basic salary at grant\n \n \n \n \n \n \n \n 13\n \n \n \n \n \n \n \n \n No consideration was paid for the grants. The number of options over Ordinary Shares was calculated using an Ordinary Share price of 68.73\n pence per share which is also the applicable Exercise Price. The options will vest three years after the date of grant subject to continued service (save for good leavers) and the extent to which the performance conditions are met. O...