Business
Issue of Shares/PDMR dealings/Exercise of Options
Issue of Shares/PDMR dealings/Exercise of Options.
About this update from Tpximpact Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6327L\n Panoply Holdings PLC (The) \n 14 September 2021\n \n \n \n \n \n \n \n \n \n \n 14 September 2021\n \n \n The Panoply Holdings PLC\n \n \n (\"The Panoply\", or the \"Group\")\n \n \n \n \n Issue of Shares\n \n \n , PDMR dealings & Exercise of Options\n \n \n \n \n The Panoply Holdings PLC, the digitally-enabled technology services group focused on digital transformation, announces that the Group has today issued \n 1,026,155 new ordinary shares of 1 pence each in respect of outstanding acquisition consideration totalling £2,544,764 (\"Earnout Shares\") 2,987 new ordinary shares of 1 pence in respect of the Share Incentive Plan (\"SIP\") and 13,333 ordinary shares in the share capital of the Company (the \"Option Shares\") following an exercise of options on 8 September 2021. The exercise price was 82 pence per Option Share.\n \n \n \n The SIP Trustees (Cytec Trustees Limited) acquired a total of 4,\n 383 shares (the \"Partnership Shares\") on 9 September 2021 at a price of £2.575 per Ordinary Share and total cost of £11,286. The Partnership Shares were acquired by purchase in the market and allocated to those Group employees participating in its Share Incentive Plan (SIP) scheme. As set out at the time of the announcement of The Panoply's interim results on 30 November 2020, this SIP Plan is designed to reward and incentivise employees of the Group through tax-efficient salary sacrifice and a free matching award of Ordinary Shares on a one-for-one basis. Accordingly, on 9 August 2021, the SIP Trustees also allocated a total of 4,383 matching shares (the \"Matching Shares\") under the SIP. The Matching Shares are covered by the Group's block listing as announced on 15 January 2021, with 1,396 matching shares having previously been admitted to trading in respect of employees who have since left the business.\n \n \n \n Neal Gandhi and Oliver Rigby received Earnout Shares in respect of the acquisitions, together with Partnership Shares and Matching Shares under the SIP as follows:\n \n \n \n \n \n \n Name\n \n \n \n \n Earnout Shares issued\n \n \n \n \n Partnership Shares acquired\n \n \n \n \n Matching Shares issued\n \n \n \n \n Total Shares post issue (including shares held by the SIP on behalf of the relevant PDMR)\n \n \n \n \n Percentag...