7 March 2022
CentralNic Group plc
("CentralNic" or the "Company")
(AIM: CNIC)
Share Awards and exercise of Options
CentralNic announces that on 7th March 2022 it has made awards over ordinary shares of £0.001 each ("Ordinary Shares") under the CentralNic Group plc Long Term Incentive Plan and the CentralNic Group plc Share Option Plan (the "LTIP" and "SOP") to Group employees of CentralNic ("Awards").
The Awards were granted as nil-cost options under the terms of the LTIP and/or the SOP (as relevant) over a total of 2,107,438 Ordinary Shares. The Awards under the LTIP and SOP vest over a three year period subject to the continued employment of the Award holder.
Exercise of Options
CentralNic further announces the exercise by the following PDMR of share options previously granted by the Company ("Options):
| PDMR | Number of Ordinary Shares acquired on exercise of Options | Date of grant of Option |
| Don Baladasan | 293,150 | 10 March 2020 |
| Don Baladasan | 293,150 | 10 March 2020 |
| Michael Riedl | 48,611 | 1 August 2019 |
| Michael Riedl | 53,249 | 10 March 2020 |
| Michael Riedl | 231,050 | 10 March 2020 |
| Michael Riedl | 231,050 | 10 March 2020 |
The exercise of options was satisfied by 1,150,260 shares from the CentralNic Employee Benefit Trust.
The table below summarising the total number of Ordinary Shares under options held by the Directors as at the date of this announcement:
| Director | Number of Ordinary Share subject to options | Vesting date | Exercise price per Ordinary Share | |
| Ben Crawford | 1,316,000 | 1 September 2016 | £0.10 | |
| Ben Crawford | 850,000 | 1 September 2016 | £0.57 | |
| Ben Crawford | 2,260,000 | 16 July 2021 | Nil | |
| Ben Crawford | 672,146 | 1 March 2021 - 1 March 2023 | Nil | |
| Ben Crawford | 1,008,219 | 1 March 2022 - 1 March 2024 | Nil | |
| Ben Crawford | 1,008,218 | 1 March 2023 - 1 March 2025 | Nil | |
| Don Baladasan | 293,151 | 1 March 2021 - 1 March 2023 | Nil | |
| Don Baladasan | 586,302 | 1 March 2022 - 1 March 2024 | Nil | |
| Don Baladasan | 879,452 | 1 March 2023 - 1 March 2025 | Nil | |
| Thomas Rickert | 88,000 | 2 September 2016 | £0.57 | |
| Thomas Rickert | 350,000 | 3 February 2019 | £0.40 | |
| Tom Pridmore | 88,000 | 2 September 2016 | £0.57 | |
| Tom Pridmore | 350,000 | 3 February 2019 | £0.40 | |
| Iain McDonald | 350,000 | 26 October 2018 | £0.40 | |
| Iain McDonald | 500,000 | 10 March 2023 | Nil | |
| Michael Riedl | 53,250 | 1 January 2023 | Nil | |
| Michael Riedl | 231,050 | 1 March 2021 - 1 March 2023 | Nil | |
| Michael Riedl | 462,100 | 1 March 2022 - 1 March 2024 | Nil | |
| Michael Riedl | 693,150 | 1 March 2023 - 1 March 2025 | Nil | |
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A total number of 19,694,979 Ordinary Shares are held under options granted to all employees and Directors of the CentralNic group. Out of the options granted, 17,408,705 are covered by shares held by the Company's Employee Benefit Trust.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Don Baladasan | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Group Managing Director | ||||||
| b)
| Initial notification /Amendment | Initial notification | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | CentralNic Group plc | ||||||
| b) | LEI | 213800M4IINBWMXEKV82 | ||||||
| 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
GB00BCCW4X83 | ||||||
| b) | Nature of the transaction | Exercise of share options | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 7 March 2022 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Michael Riedl | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Financial Officer | ||||||
| b)
| Initial notification /Amendment | Initial notification | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | CentralNic Group plc | ||||||
| b) | LEI | 213800M4IINBWMXEKV82 | ||||||
| 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
GB00BCCW4X83 | ||||||
| b) | Nature of the transaction | Exercise of share options | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 7 March 2022 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||||
For further information:
| CentralNic Group Plc Ben Crawford, Chief Executive Officer Don Baladasan, Group Managing Director Michael Riedl, Chief Financial Officer | +44 (0) 203 388 0600 |
| Zeus Capital Limited (NOMAD and Joint Broker) Nick Cowles / Jamie Peel Dominic King / Rupert Woolfenden | +44 (0) 161 831 1512 +44 (0) 203 829 5000 |
| Berenberg (Joint Broker) Mark Whitmore, Richard Andrews, Alix Mecklenburg-Solodkoff
| +44 (0)20 3207 7800
|
| SEC Newgate (for Media) Bob Huxford / Isabelle Smurfit / Max Richardson | +44 (0) 203 757 6880 centralnic@secnewgate.co.uk
|
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