| For Immediate Release
|
|
SOPHEON PLC
("Sopheon" or "the Company")
Grant of Options / PDMR dealing
Sopheon announces that the Company has granted options over ordinary shares of 20 pence each in the share capital of the Company ("Options") to three executive directors.
Gregory Coticchia, the recently appointed CEO has been granted 80,000 Options at an exercise price of 845p, being the mid-market closing price on AIM on 13 May 2021, the last business day prior to the grant. Including this grant, the total number of Options held by him is 100,000.
Andrew Michuda, Executive Chairman and Arif Karimjee, CFO have been granted 165,000 and 43,350 Options respectively at an exercise price of 900p. Including this grant, the total number of Options held by each is 320,000 and 93,000 respectively.
The Options granted will vest over 3 years and are exercisable up to 10 years from the date of grant. Including the grant of these options, the Company will have outstanding options over approximately 9.5% of its issued share capital.
Notice of AGM
The Company also confirms it is posting its Notice of AGM ("Notice") to shareholders today, and will also publish the Notice on the Company's website. The AGM will be held on 10 June 2021.
For further information contact:
| Andy Michuda, Executive Chairman | Sopheon plc | + 44 (0) 1276 919 560 |
| Carl Holmes / Giles Rolls (corporate finance) Alice Lane (ECM) | finnCap Ltd | + 44 (0) 20 7220 0500 |
About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade® solution provides unique, fully integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 250 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange. For more information, please visit www.sopheon.com.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION EU NO. 596/2014, AS RETAINED AND APPLICABLE IN THE UK PURSUANT TO S3 OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR").
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 | Gregory Coticchia | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | PDMR | ||||
| b) | Initial notification/Amendment |
| ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Sopheon plc | ||||
| b) | LEI | 213800TA9E6UG2WWG646 | ||||
| 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 | GB00BSZM1369 | |||||
| b) | Nature of the transaction |
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
Grant of 80,000 options over ordinary shares of 20p pence at an exercise price of 845 pence | ||||
| e) | Date of the transaction | 14 May 2021 | ||||
| f) | Place of the transaction | Outside of trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 2. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Arif Karimjee | ||||
| 3. | Reason for the Notification | |||||
| a) | Position/status | PDMR | ||||
| b) | Initial notification/Amendment |
| ||||
| 4. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Sopheon plc | ||||
| b) | LEI | 213800TA9E6UG2WWG646 | ||||
| 5. | 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 | GB00BSZM1369 | |||||
| b) | Nature of the transaction |
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
Grant of 43,350 options over ordinary shares of 20p pence at an exercise price of 900 pence | ||||
| e) | Date of the transaction | 14 May 2021 | ||||
| f) | Place of the transaction | Outside of trading venue | ||||
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 | Andrew Michuda | ||||
| 6. | Reason for the Notification | |||||
| a) | Position/status | PDMR | ||||
| b) | Initial notification/Amendment |
| ||||
| 7. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Sopheon plc | ||||
| b) | LEI | 213800TA9E6UG2WWG646 | ||||
| 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 |
| ||||
| Identification code | GB00BSZM1369 | |||||
| b) | Nature of the transaction |
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
Grant of 165,000 options over ordinary shares of 20p pence at an exercise price of 900 pence | ||||
| e) | Date of the transaction | 14 May 2021 | ||||
| f) | Place of the transaction | Outside of trading venue | ||||
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