Business
Grant of Share Options to Chief Financial Officer
Grant of Share Options to Chief Financial Officer.
About this update from Mycelx Technologies Corp.
[{"type":"text","content":"\n\n18 March 2024\nMYCELX Technologies Corporation\n(\"MYCELX\" or the \"Company\") (AIM: MYX)\n \n \nGrant of Share Options to Chief Financial Officer\n \nOn 15 March 2024 Ms. Slayton, a PDMR of the Company, was awarded the following options over the Company's common shares of US$0.025 each (\"Common Shares\") under the MYCELX Omnibus Performance Incentive Plan (\"Plan\"):\n \n\n\n\n\nName of PDMR\n\n\nNumber of share options granted\n\n\nExercise price\n\n\nTotal number of share options held following this notification\n\n\nTotal number of share options as % of current issued share capital\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKimberly Slayton\n\n\n50,000\n\n\nUS$0.59\n\n\n313,334\n\n\n1.36%\n\n\n\n\n \nMs. Slayton holds no Common Shares in the issued capital of the Company.\n \nThe share options granted to Kimberly Slayton on 15 March 2024 will vest as to 50% on 31 December 2024 and 50% on 31 December 2025. The exercise price was based on the mid-market closing price of the Company's Common Shares at 15 March 2024, and the closing US/£ exchange rate at that date.\n \nThe above grant is included as part of wider grants of 300,000 options in aggregate to employees across the Company on 13 March 2024 and 15 March 2024, representing 1.31% of the current issued share capital. All of the options must be exercised prior to the tenth anniversary of the date of grant, subject to the restrictions on dealing under the Company's share dealing code.\n \nDetails of the transaction are reported in the PDMR notification below:\n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n \n\n\n\n\na)\n\n\nName\n\n\n Kimberly Slayton\n\n\n\n\n2\n\n\nReason for the notification\n \n\n\n\n\na)\n\n\nPosition/status\n\n\nChief Financial Officer\n \n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial Notification\n \n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nMYCELX Technologies Corporation\n \n\n\n\n\nb)\n\n\nLEI\n\n\n213800UJZINIK2VD1G48 \n\n\n\n\n4\n\n\nDetails of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) eac...