31 March 2021
Mind Gym plc
("Mind Gym" or the "Company")
Grant of Awards under the Long Term Incentive Plan
Mind Gym announces that on 31 March 2021 it has made awards to the Persons Discharging Managerial Responsibility (PDMRs) set out below over ordinary shares of 0.001 pence each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"). In accordance with the LTIP rules, awards to PDMRs based in the UK are in the form of nil-cost options and awards to PDMRs based in the US are in the form of restricted stock. The vesting period for all awards are between three and five years and are exercisable up to the tenth anniversary of the award date or earlier if the Board decide otherwise. Vesting is subject to performance conditions, which will be set within the next 3 months based on revenue (45% of each award), adjusted earnings per share ("EPS") (45% of each award) and total shareholder return ("TSR") targets (10% of each award).
| PDMR | Title | Type of Award | Options granted |
| Wei-Li Chong | President: US | Restricted stock | 334,753 |
| Janet Ahn | Chief Behavioral Science Officer | Restricted stock | 146,454 |
| Desi Kimmins | Chief Commercial Officer EMEA | Nil-cost option | 144,230 |
| Elaine Safier | Chief Digital Officer | Nil-cost options | 288,461 |
| Richard Steele | Chief Financial Officer | Nil-cost options | 138,461 |
| Keli Frazier Cox | Chief Commercial Officer US | Restricted stock | 146,454 |
| Pui-Wai Yuen | Practice Lead | Nil-cost options | 53,846 |
| Ketan Patel | Practice Lead | Restricted stock | 55,792 |
| Sarah Donovan | Practice Lead | Restricted stock | 55,792 |
| Ravi Gupta | Practice Lead | Restricted stock | 76,714 |
Enquiries
| Mind Gym plc | +44 (0) 20 7376 0626 |
| Octavius Black (CEO) Joanne Cash (Chair) Richard Steele (CFO)
| |
| Liberum (Nominated Adviser and Sole Broker) | +44 (0) 20 3100 2000 |
| Bidhi Bhoma Joshua Hughes Euan Brown
| |
| MHP (for media enquiries) | +44 (0) 20 3128 8572 |
| Reg Hoare Katie Hunt
| |
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Wei-Li Chong | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | President: US | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction
| ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Janet Ahn | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Behavioral Science Officer | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction
| ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Desi Kimmins | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Commercial Officer EMEA | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of nil-cost options under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Elaine Safier | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Digital Officer | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of nil-cost options under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Steele | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of nil-cost options under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Keli Frazier Cox | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Commercial Officer US | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Pui-Wai Yuen | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Practice Lead | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of nil-cost options under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Ketan Patel | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Practice Lead | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Sarah Donovan | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Practice Lead | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Ravi Guptha | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Practice Lead | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Mind Gym plc | ||||
| b) | LEI | 213800ER1PA5QSNKIL80 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 0.001 pence each
ISIN: GB00BF3SQB83 | ||||
| b) | Nature of the transaction | Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP) | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
N/A - single transaction | ||||
| e) | Date of transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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