Source - LSE Regulatory
RNS Number : 3758P
Molten Ventures PLC
17 June 2022
 

17 June 2022

MOLTEN VENTURES PLC

("Molten Ventures" or the "Company")

Grant of Options to Persons Discharging Managerial Responsibility ("PDMR")

Molten Ventures PLC (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, announces that options (the "Options") over a total of 754,719 ordinary shares with a nominal value of 1p each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company's 2021 Long-Term Incentive Plan ("LTIP") and 2021 Deferred Bonus Plan ("DBP"), as set out below.

The Options awarded under the LTIP have a nominal value exercise of 1p price and are subject to LTIP performance conditions which, together with a summary of the LTIP, are set out in the Company's prospectus issued on 19 July 2022 (a copy of which is available at www.moltenventures.com) ("Prospectus") and the Company's Annual Report and Accounts for the year ended 31 March 2022 published on 13 June 2022 (a copy of which is available at www.moltenventures.com) ("Annual Report").

The Options awarded under the DBP have a nominal value exercise of 1p price and are subject to LTIP deferral conditions before they can be exercised which, together with a summary of the DBP, are set out in the Prospectus and the Annual Report.

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

 

PDMR

LTIP Options awarded

DBP Options awarded

Total Options

Ordinary Shares

Martin Davis

230,319

89,444

949,283

21,132

Stuart Chapman

158,314

61,481

1,196,904

1,054,756

Ben Wilkinson

154,976

60,185

725,738

16,923

 

The notification set out in the Annex below, which was made in accordance with the requirements of the UK Market Abuse Regulation, provides further details of such dealings.

ANNEX

1       

Details of the person discharging managerial responsibilities / person closely associated

a)  

Name

Martin Davis

2       

Reason for the notification

a)  

Position / status

Chief Executive Officer

b)  

Initial notification / amendment

Initial notification

3       

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

a)  

Name

Molten Ventures plc

b)  

LEI

213800IPCR3SAYJWSW10

4       

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)  

Description of financial instrument,

type of instrument

Options in respect of the LTIP and DBP over ordinary shares of 1p each


Identification Code

GB00BY7QYJ50

b)  

Nature of the transaction

Issue of options

c)  

Price(s) and volume(s)

319,763 options over ordinary shares of 1p each with an exercise price of one pence per share

d)  

Aggregated information

-           Aggregated volume

-           Price

n/a

e)  

Date of the transaction

17 June 2022

f)   

Place of the transaction

Outside a trading venue

 

1       

Details of the person discharging managerial responsibilities / person closely associated

a)  

Name

Stuart Chapman

2       

Reason for the notification

a)  

Position / status

Chief Portfolio Officer

b)  

Initial notification / amendment

Initial notification

3       

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

a)  

Name

Molten Ventures plc

b)  

LEI

213800IPCR3SAYJWSW10

4       

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)  

Description of financial instrument,

type of instrument

Options in respect of the LTIP and DBP over ordinary shares of 1p each


Identification Code

GB00BY7QYJ50

b)  

Nature of the transaction

Issue of options

c)  

Price(s) and volume(s)

219,795 options over ordinary shares of 1p each with an exercise price of one pence per share

d)  

Aggregated information

-           Aggregated volume

-           Price

n/a

e)  

Date of the transaction

17 June 2022

f)   

Place of the transaction

Outside a trading venue

 

1       

Details of the person discharging managerial responsibilities / person closely associated

a)  

Name

Ben Wilkinson

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

Molten Ventures plc

b)  

LEI

213800IPCR3SAYJWSW10

4       

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)  

Description of financial instrument,

type of instrument

Options in respect of the LTIP and DBP over ordinary shares of 1p each


Identification Code

GB00BY7QYJ50

b)  

Nature of the transaction

Issue of options

c)  

Price(s) and volume(s)

215,161 options over ordinary shares of 1p each with an exercise price of one pence per share

d)  

Aggregated information

-           Aggregated volume

-           Price

n/a

e)  

Date of the transaction

17 June 2022

f)   

Place of the transaction

Outside a trading venue

 

 

 

Enquiries

Molten Ventures plc

Martin Davis (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser & Joint Broker

Simon Willis

Richard Thomas

Jamie Loughborough

+44 (0)20 7260 1000

Goodbody Stockbrokers

Euronext Growth Adviser & Joint Broker

Don Harrington

Charlotte Craigie

Dearbhla Gallagher

+44 (0) 20 3841 6202

Powerscourt

Public relations

Robin O'Kelly

Jane Glover

+44 (0)20 7250 1446

 

END

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHQDLFFLQLZBBZ
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Molten Ventures PLC (GROW)

+4.20p (+1.81%)
delayed 18:10PM