Business
Director/PDMR Shareholding, Issue of Options & TVR
Director/PDMR Shareholding, Issue of Options & TVR.
About this update from Xeros Technology Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 8044M\n Xeros Technology Group plc\n 14 May 2020\n \n \n \n \n 14 May 2020\n \n \n Xeros Technology Group plc\n \n \n \n \n \n Director/PDMR Transactions, Issue of Options & Total Voting Rights\n \n \n \n \n \n Following completion today of the Placing announced on 24 April 2020 in which certain members of the Board participated at a price of 0.5p per ordinary share, the Company provides the following update regarding the holdings of the Directors:\n \n \n \n \n \n \n Director\n \n \n \n \n Number of Placing Shares acquired\n \n \n \n \n Total number of Ordinary Shares held following Admission\n \n \n \n \n Percentage of Enlarged Issued Share Capital\n \n \n \n \n \n \n Mark Nichols\n \n \n \n \n 3,200,000\n \n \n \n \n 8,700,000\n \n \n \n \n 0.44%\n \n \n \n \n \n \n Paul Denney\n \n \n \n \n 2,000,000\n \n \n \n \n 7,500,000\n \n \n \n \n 0.38%\n \n \n \n \n \n \n Klaas de Boer\n \n \n \n \n 25,000,000\n \n \n \n \n 25,000,000\n \n \n \n \n 1.26%\n \n \n \n \n \n \n \n \n \n Following the successful completion of the Placing, and as detailed within the announcement made on 24 April 2020, the Remuneration Committee has today granted the following new EMI options over Ordinary shares to Mark Nichols and Paul Denney under the terms of the Xeros Technology Group plc 2020 Share Option Scheme:\n \n \n \n \n \n \n \n \n \n Options over Ordinary Shares\n \n \n \n \n \n \n Mark Nichols\n \n \n \n \n 21,354,350\n \n \n \n \n \n \n Paul Denney\n \n \n \n \n 15,019,500\n \n \n \n \n \n \n Options so granted to Mark Nichols will be granted in replacement of 109,890 existing options held by him under the Xeros Technology Group plc Enterprise Management Incentive Share Option Scheme which are now cancelled.\n \n \n The total number of Ordinary Shares of 0.15p each in the capital of the Company in issue as at the day of this announcement is 1,983,762,131 with no shares held in treasury. Therefore the total voting rights in the Company is 1,983,762,131. This figure may be used by shareholders in the Company 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 share capital of the Company under the Disclosure and Transparency Rules.\n \n \n Capitalised terms used in this announcement ha...