Business
Grant of Options
Grant of Options.
About this update from Rosslyn Data Technologies Plc
[{"type":"text","content":"\n \n \n \n 14 December 2022\n \n \n \n \n \n \n \n \n \n Rosslyn Data Technologies plc\n \n \n \n (the \"Company\", \"RDT\" or the \"Group\")\n \n \n \n \n \n \n \n \n Grant of Options\n \n \n \n \n \n \n Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data analytics platform, announces that, o\n n 14 December 2022 (the \"Grant Date\"), the Company granted a total of 17,250,000 options over ordinary shares of 0.5p in the Company (\"Options\"), including to two PDMRs as follows:\n \n \n \n \n \n \n \n \n \n Name\n \n \n \n \n Position\n \n \n \n \n Number of Options granted\n \n \n \n \n Exercise price\n \n \n \n \n Period and conditions of vesting/exercise\n \n \n \n \n \n Paul Watts\n \n \n CEO\n \n \n 5,000,000\n \n \n 0.99p\n \n \n \n · Vest upon the first anniversary of the Grant Date\n \n · Exercisable subject to Mr. Watts remaining an employee of the Company\n \n \n \n \n Ed Riddell\n \n \n Finance Director\n \n \n 5,000,000\n \n \n 0.99p\n \n \n \n · Vest upon the first anniversary of the Grant Date\n \n · Exercisable subject to Mr. Riddell remaining an employee of the Company\n \n \n \n \n \n The Options have been granted under the Rosslyn 2014 EMI Share Option Plan (except those to Mr. Watts) and expire 10 years from the Grant Date. The exercise price of 0.99p represents the average mid-market closing price of the Company's shares on AIM over the 30 days preceding the Grant Date.\n \n \n \n \n Enquiries\n \n \n \n \n \n \n \n \n \n \n Rosslyn\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Paul Watts, Chief Executive Officer\n \n \n James Appleby, Chairman\n \n \n \n \n +44 (0)20 3285 8008\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Cenkos Securities (Nominated adviser and Broker)\n \n \n \n \n \n \n \n \n \n \n \n \n Stephen Keys/Camilla Hume\n \n \n \n \n \n \n +44 (0)20 7397 8900\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Gracechurch Group (Financial PR)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Harry Chathli/Claire Norbury\n \n \n \n \n +44 (0)20 4582 3500\n \n \n \n \n \n \n \n \n \n \n About Rosslyn\n \n \n \n Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains miti...