Business
Issue of Shares, Director/PDMR Dealing and TVR
Issue of Shares, Director/PDMR Dealing and TVR.
About this update from Oberon Investments Group Plc.
[{"type":"text","content":"\n\n22 April 2025\n\n('Oberon', the 'Company', or the 'Group')\nIssue of Shares, Director/PDMR Dealing and TVR\n \nOberon Investments Group PLC (AQSE: OBE) announces that it has today issued 1,451,336 new ordinary shares of 0.5 pence each in the Company (\"Ordinary Shares\") in respect of the Company's Share Incentive Plan (the \"SIP\").\n \nThe SIP Trustees, Global Shares Trustees (UK) Limited (the \"SIP Trustees\"), acquired a total of 1,451,336 shares (the \"Partnership Shares\") on 17 April 2025 at a price of £0.0473 per Ordinary Share and total cost of £68,648.19. The Partnership Shares were acquired via an on-market purchase and allocated to those Company employees participating in the SIP for the 2024/25 tax year. This SIP is designed to reward and incentivise employees of the Company through tax-efficient salary sacrifice, which was deducted from salaries in March 2025, and a free matching award of Ordinary Shares on a one-for-one basis.\n \nThe SIP Trustees also allocated a total of 1,451,336 matching shares (the \"Matching Shares\") under the SIP at a price of £0.045 per Matching Share, being the mid-market closing price of an Oberon Ordinary Share on 17 April 2025, the latest practicable date prior to this announcement.\n \nApplication and Total Voting Rights\n \nApplication has been made to AQSE for 1,451,336 new Ordinary Shares to be admitted to trading on AQSE (\"Admission\"), the Matching Shares. It is expected that Admission will be effective and dealings commence on or around 8:00 a.m. on 25 April 2025. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in the Company.\n \nFollowing the issue of the Matching Shares, the total number of Ordinary Shares will increase from 742,070,442 to 743,521,778 shares. This represents the total number of voting rights in the Company and may be used by shareholders 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 Company under the FCA's Disclosure and Transparency Rules.\n \nThe following notification has been made in accordance with the requirements of the EU Market Abuse Regulation as part of UK domestic law ...