6 May 2022
Gattaca plc ("Gattaca" or the "Group")
Director/PDMR Shareholding
On 6 May 2022 (the "Grant Date"), the following conditional share awards over ordinary shares (the "New Awards") in Gattaca were granted to certain of the Company's PDMRs, including the Company's Executive Directors and members of its Senior Leadership Team, under the Matchtech Group Plc 2016 Long Term Incentive Plan (the "LTIP"):
| Executive Directors | Title | Number of Shares | Total number of Shares held (2) |
| Matthew Wragg | Chief Executive Officer | 70,000 | 136,322 |
| Oliver Whittaker | Chief Financial Officer | 60,000 | 99,190 |
| Senior Leadership Team members (1) | Title | Number of Shares | Total number of Shares held (2) |
| Claire Cross | Chief People Officer | 15,000 | 47,195 |
| John Dunaway | Managing Director of Infrastructure and Energy | 15,000 | 57,000 |
| Paul King | Chief Operating Officer | 15,000 | 56,268 |
| Mark Wilkie | Head of Fulfilment | 10,000 | 34,390 |
(1) Members of the newly created Senior Leadership Team have recently been categorised as PDMRs of the Company
(2) Being the total conditional share awards held, including existing awards and the New Awards
The LTIP award is a conditional grant of shares, which vest and become exercisable at nil-cost on the third anniversary of the Grant Date, subject to the individual's continued employment with the Group. Vesting of the LTIP awards are subject to the achievement of earnings per share targets (the "EPS Targets") over the year ended 31 July 2024 and total shareholder performance (the "TSR Targets") over a three-year period; with 50% of the maximum award vesting for threshold performance in the EPS target, and for the TSR target, 25% of the maximum vesting for threshold performance above the medium.
For Executive Directors, additional grant allocations will be issued on a 100% TSR hurdle against the benchmark of AIM for a full three-year period. For members of the Senior Leadership Team, with the exception of Claire Cross, 100% of the additional grant allocation is subject to the achievement of EPS Targets. For Claire Cross, 90% of the award is subject to the achievement of EPS Targets and 10% subject to the achievement of TSR targets. TSR targets will be measured against the Company's average share price from 1 January 2022 to 31 March 2022.
For further information please contact:
| Gattaca plc | +44 (0) 1489 898989 |
| Matthew Wragg, Chief Executive Officer Oliver Whittaker, Chief Financial Officer
| |
| Liberum Capital Limited (Nomad and Broker) | +44 (0) 20 3100 2000 |
| Lauren Kettle Robert Morton
| |
| Citigate Dewe Rogerson | |
| Jos Bieneman Lucy Eyles | +44 (0) 20 7638 9571 |
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Matthew Wragg | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Executive Officer | |||
| b)
| Initial notification/Amendment
| Initial | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Gattaca plc | |||
| b)
| LEI
| 213800LM81ZQ9V9G6866 | |||
| 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 | Options over ordinary shares of 1 penny each | |||
| | | ||||
| Identification code | GB00B1FMDQ43 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of conditional share awards | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 70,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 06 May 2022 | |||
| f)
| Place of the transaction
| Off-market transaction | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Oliver Whittaker | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Financial Officer | |||
| b)
| Initial notification/Amendment
| Initial | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Gattaca plc | |||
| b)
| LEI
| 213800LM81ZQ9V9G6866 | |||
| 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 | Options over ordinary shares of 1 penny each | |||
| | | ||||
| Identification code | GB00B1FMDQ43 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of conditional share awards | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 60,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 06 May 2022 | |||
| f)
| Place of the transaction
| Off-market transaction | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Claire Cross | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief People Officer | |||
| b)
| Initial notification/Amendment
| Initial | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Gattaca plc | |||
| b)
| LEI
| 213800LM81ZQ9V9G6866 | |||
| 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 | Options over ordinary shares of 1 penny each | |||
| | | ||||
| Identification code | GB00B1FMDQ43 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of conditional share awards | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 15,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 06 May 2022 | |||
| f)
| Place of the transaction
| Off-market transaction | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| John Dunaway | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Managing Director of Infrastructure and Energy | |||
| b)
| Initial notification/Amendment
| Initial | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Gattaca plc | |||
| b)
| LEI
| 213800LM81ZQ9V9G6866 | |||
| 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 | Options over ordinary shares of 1 penny each | |||
| | | ||||
| Identification code | GB00B1FMDQ43 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of conditional share awards | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 15,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 06 May 2022 | |||
| f)
| Place of the transaction
| Off-market transaction | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Paul King | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Operating Officer | |||
| b)
| Initial notification/Amendment
| Initial | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Gattaca plc | |||
| b)
| LEI
| 213800LM81ZQ9V9G6866 | |||
| 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 | Options over ordinary shares of 1 penny each | |||
| | | ||||
| Identification code | GB00B1FMDQ43 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of conditional share awards | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 15,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 06 May 2022 | |||
| f)
| Place of the transaction
| Off-market transaction | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Mark Wilkie | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Head of Fulfilment | |||
| b)
| Initial notification/Amendment
| Initial | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Gattaca plc | |||
| b)
| LEI
| 213800LM81ZQ9V9G6866 | |||
| 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 | Options over ordinary shares of 1 penny each | |||
| | | ||||
| Identification code | GB00B1FMDQ43 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of conditional share awards | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 10,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 06 May 2022 | |||
| f)
| Place of the transaction
| Off-market transaction | |||
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