Business
Director Dealing & Grant of Share Options
Director Dealing & Grant of Share Options.
About this update from Pci-pal Plc
[{"type":"text","content":"\n \nRNS Number : 2980C PCI-PAL PLC 14 June 2019 \n\n \nCorrection - to the date of shares purchased and date of notification - both to read 13 June 2019\n \nPCI-PAL PLC\n(\"PCI Pal\", \"the Company\" or \"the Group\")\n \nDirector Dealing and \nGrant of Share Options\n \nPCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, was notified that on 13 June 2019 James Barham, Chief Executive Officer, purchased ordinary shares of 1 pence in the Company.\n\n\n\n\nDirector Name\n\n\nTitle\n\n\nShares purchased on 13/06/19\n\n\nPrice paid per share\n\n\nTotal shares owned\n\n\n% total voting rights of Company\n\n\n\n\nJames Barham\n\n\nCEO\n\n\n50,684\n\n\n29.0p\n\n\n121,942\n\n\n0.28%\n\n\n\n\n \nIn addition, following Mr Barham's relocation back to the United Kingdom from the United States in April 2019, the Company has agreed to amend the share option package of James Barham.\nMr Barham has agreed to forfeit his existing holding of 550,000 non-EMI share options at 28.5 pence per share and these are being replaced by the grant of 525,000 new EMI options as detailed below. \n \n\n\n\n\nName\n\n\nTitle\n\n\nOptions granted\n\n\nDate of Grant\n\n\nExercise price\n\n\nEarliest Vesting date\n\n\n\n\nJames Barham\n\n\nCEO\n\n\n525,000\n\n\n13/06/2019\n\n\n28.5p\n\n\n26/05/2020\n\n\n\n\n \nFurther information is set out in the FCA Disclosure table below.\n \nTerms of the Options\nThe terms and conditions of these options will be identical to those originally granted to Mr Barham on 25th May 2017.\n \nThe Options will vest subject to Mr Barham having remained in continuous employment prior to any exercising of Options subject to the conditions below:\n \n\n\n\n\nTranche of award\n\n\nVesting Criteria\n\n\n\n\n262,500 Options\n\n\nShall vest on the 25th May 2020\n \n\n\n\n\n131,250 Options\n\n\nShall vest if the Company Share Price is equal to or greater than 66 pence per ordinary share during any continuous 30 day period falling after the Date of Grant\n \n \n\n\n\n\n131,250 Options\n\n\nShall vest if the Company Share Price is equal to or greater than 88 pence per ordinary share during any continuous 30 day period falling after the Date of Grant\n \n\n\n\n\n \nF...