Source - RNS
RNS Number : 6178J
Imaginatik PLC
13 September 2016
 

13 September 2016

Imaginatik Plc

 

("Imaginatik" or "the Company")

 

Grant of Options

 

Imaginatik 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 7,440,000 new options over ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") ("Options") to directors and employees as follows:

 

Ralph Welborn, CEO and Shawn Taylor, CFO, have been granted 800,000 options each respectively. Matt Cooper, Non-Executive Chairman has been granted 320,000 and Simon Charles, Non-Executive Director, 160,000.

In addition, eligible employees of the Company have been granted 5,360,000 options under the EMI scheme as well as the Imaginatik 2006 Stock Option Plan.

All of the options referred to above have an exercise price of 1.625 pence per share, being the closing mid-price of an Ordinary Share on the day prior to grant, 12 September 2016. 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.

Following the above transactions, the directors of Imaginatik hold the following Options:

Director

Existing Options

New Options granted pursuant to 2016 annual grant

Total Options Held

Matt Cooper, Non-Executive Chairman

2,586,531

320,000

2,906,531

Ralph Welborn, CEO

2,267,000

800,000

3,067,000

Shawn Taylor, CFO

1,452,212

800,000

2,252,212

Simon Charles, Non-Executive Director

118,750

160,000

278,750

Imaginatik now has 16,322,795 Options in issue, representing approximately 10.75% of the current issued share capital and 9.71% of the fully diluted share capital.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

For further information please contact:  

 

Imaginatik plc

Tel: 01329 243 243

Matt Cooper Non-Executive Chairman

Ralph Welborn, CEO

Shawn Taylor, CFO




finnCap Ltd

Tel: 020 7220 0500

Jonny Franklin-Adams/Giles Rolls, corporate finance

Camille Gochez, corporate broking




Alma PR

Tel: 0207 796 9085

Caroline Forde/Hilary Buchanan






 

About Imaginatik

 

Imaginatik provides a range of Innovation solutions comprised of consultancy, enterprise software and program management to deliver innovation results to companies such as The World Bank, The Chubb Group of Insurance Companies, State Farm, Exxon Mobil, Mayo Clinic, Goodyear, the Yorkshire Building Society, PWC and Cargill. Few companies possess the internal capability to consistently generate fresh ideas, identify those worth pursuing and reliably transform them into real, value-enhancing assets. Imaginatik's mission is to help these companies build sustainable innovation competencies.

 

Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum Technology Pioneer with offices in Boston, MA, and Fareham, UK.

 

 For more information visit www.imaginatik.com.

 

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

Matt Cooper

2.               

Reason for the Notification

a)

Position/status

Director / PDMR

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Imaginatik plc

b)

LEI

n/a

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

 

Ordinary shares of 1p

Identification code

GB00BP8XY588

b)

Nature of the transaction

 

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£NIL

320,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

See above

e)

Date of the transaction

12 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

5.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Shawn Taylor

6.               

Reason for the Notification

a)

Position/status

Director / PDMR

b)

Initial notification/Amendment

Initial notification

7.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Imaginatik plc

b)

LEI

n/a

8.    

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

 

Ordinary shares of 1p

Identification code

GB00BP8XY588

b)

Nature of the transaction

 

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£NIL

800,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

See above

e)

Date of the transaction

12 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

9.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ralph Welborn

10.               

Reason for the Notification

a)

Position/status

Director / PDMR

b)

Initial notification/Amendment

Initial notification

11. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Imaginatik plc

b)

LEI

n/a

12. 

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

 

Ordinary shares of 1p

Identification code

GB00BP8XY588

b)

Nature of the transaction

 

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£NIL

800,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

See above

e)

Date of the transaction

12 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

13.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Charles

14.               

Reason for the Notification

a)

Position/status

Director / PDMR

b)

Initial notification/Amendment

Initial notification

15. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Imaginatik plc

b)

LEI

n/a

16. 

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

 

Ordinary shares of 1p

Identification code

GB00BP8XY588

b)

Nature of the transaction

 

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£NIL

160,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

See above

e)

Date of the transaction

12 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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