Business
Grant of Options
Grant of Options.
About this update from Supply@me Capital Plc
[{"type":"text","content":"\n \nRNS Number : 1674S Imaginatik PLC 29 September 2017 \n\nImaginatik Plc\n \n(\"Imaginatik\" or \"the Company\")\n \nGrant of Options \n \nImaginatik plc (AIM: IMTK.L), the world's first full service innovation provider offering a range of consultancy and technology products, announces that it has awarded 8,425,000 new options over ordinary shares of 1 pence each in the capital of the Company (\"Ordinary Shares\") (\"Options\") to directors and employees as follows:\n \nRalph Welborn, CEO and Shawn Taylor, CFO, have been granted 1,800,000 options and 700,000 options respectively.\nIn addition, eligible employees of the Company have been granted 5,925,000 options under the EMI scheme as well as the Imaginatik 2006 Stock Option Plan.\nAll of the options referred to above have an exercise price of 1.75 pence per share, being the closing mid-price of an Ordinary Share on the day prior to grant, 28 September 2017. In accordance with the scheme rules, 50 per cent. of the options will vest after 2 years with the remaining 50 per cent. vesting after 3 years. There are no performance criteria attached to the above options.\nFollowing the above transactions, the directors of Imaginatik hold the following Options:\n\n\n\n\nDirector\n\n\nExisting Options\n\n\nNew Options granted pursuant to 2017 annual grant\n\n\nTotal Options Held\n\n\n\n\nMatt Cooper, Non-Executive Chairman\n\n\n2,906,531\n\n\n-\n\n\n2,906,531\n\n\n\n\nRalph Welborn, CEO\n\n\n3,067,000\n\n\n1,800,000\n\n\n4,867,000\n\n\n\n\nShawn Taylor, CFO\n\n\n2,252,212\n\n\n700,000\n\n\n2,952,212\n\n\n\n\nSimon Charles, Non-Executive Director\n\n\n278,750\n\n\n-\n\n\n278,750\n\n\n\n\nImaginatik now has 26,294,861 Options in issue, representing approximately 11.73% of the current issued share capital and 10.50% of the fully diluted share capital. \nThe information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.\n \nFor further information please contact: \n \n\n\n\n\nImaginatik plc\n\n\nTel: 01329 243 243\n\n\n\n\nMatt Cooper Non-Executive Chairman\nRalph Welborn, CEO\nShawn Taylor, CFO\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nfinnCap Ltd\n\n\nTel: 020 7220 0500\n\n\n\n\nJonny Franklin-Adams/Giles Rolls, corporate finance\nCamille Gochez, corporate broking\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAlm...