Business
Award of share options
Gfinity Plc has awarded 258,333,333 new share options to its Directors, representing 4.95 per cent. of the current issued share capital, with an exercise price of 0.0475p per share. This award, which vests and is exercisable immediately, is in lieu of cash remuneration for the current financial year and is set at a 53 per cent. premium to the mid-market closing price of 0.031p as of 19 February 2026. The options are valid for ten years, expiring on 19 February 2036. Disclaimer*
About this update from Gfinity Plc
For immediate release 20 February 2026 Gfinity Plc ("Gfinity" or the "Company") Award of Share Options The Board of Gfinity announces that on 20 February 2026, the Company awarded 258,333,333 new options (representing 4.95 per cent. of the current issued share capital) to Directors of the Company. In making the option awards, the Board considers that the management remuneration and incentives align with long-term shareholder value creation and provide commercial protections for the Company and its shareholders as a whole. In particular, the Directors have not received any remuneration in the current financial year and believe that the award of options in lieu of a cash remuneration, which will vest and be exercisable immediately on award, aligns their interests with shareholders. The options exercise price of 0.0475p per new Ordinary Share has also been set at the same issue price as the last placing notified in November 2025 and represents a 53 per cent. premium to the mid-market closing price of 0.031p of the Ordinary Shares as at 19 February 2026, and a 59 per cent. premium to the 30-day volume weighted average share price for the 30 trading days ended 19 February 2026. The new options will lapse ten years after the date of the award, being 19 February 2036. Further details of the new options awards are as follows: Individual Number of new options Directors: David Halley 200,000,000 Neville Upton 33,333,333 Hugo Drayton 25,000,000 Total 258,333,333 There have been no other option awards or issue of Ordinary Shares to Directors in the 12 month period prior to this notification. A copy of this announcement: www.gfinityplc.com Enquiries : Gfinity Plc David Halley +44 (0)7516 948427 Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish Michael Cornish Felicity Geidt +44 (0)207628 3369 www.beaumontcornish.co.uk Other information Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting fo...