Source - LSE Regulatory
RNS Number : 7449J
Rosslyn Data Technologies PLC
14 December 2022
 

14 December 2022

 

Rosslyn Data Technologies plc

(the "Company", "RDT" or the "Group")

 

Grant of Options

 

Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data analytics platform, announces that, on 14 December 2022 (the "Grant Date"), the Company granted a total of 17,250,000 options over ordinary shares of 0.5p in the Company ("Options"), including to two PDMRs as follows:

 

Name

Position

Number of Options granted

Exercise price

Period and conditions of vesting/exercise

Paul Watts

CEO

5,000,000

0.99p

· Vest upon the first anniversary of the Grant Date

· Exercisable subject to Mr. Watts remaining an employee of the Company

Ed Riddell

Finance Director

5,000,000

0.99p

· Vest upon the first anniversary of the Grant Date

· Exercisable subject to Mr. Riddell remaining an employee of the Company

 

The Options have been granted under the Rosslyn 2014 EMI Share Option Plan (except those to Mr. Watts) and expire 10 years from the Grant Date. The exercise price of 0.99p represents the average mid-market closing price of the Company's shares on AIM over the 30 days preceding the Grant Date.

 

Enquiries

 

Rosslyn


Paul Watts, Chief Executive Officer

James Appleby, Chairman

+44 (0)20 3285 8008

 

                                           


Cenkos Securities (Nominated adviser and Broker)


Stephen Keys/Camilla Hume

 

+44 (0)20 7397 8900

                                           


Gracechurch Group (Financial PR)


Harry Chathli/Claire Norbury

+44 (0)20 4582 3500

 

About Rosslyn

Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI. For more information visit www.rosslyn.ai 

 

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

 

 

Paul Watts

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Director and CEO

b)

 

Initial notification/amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

Rosslyn Data Technologies plc

b)

 

LEI

 

 

213800UJ7YTBGGXGJN09

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 0.5 pence each



Identification code

GB00BKX5CP01



b)

 

Nature of the transaction

 

 

Grant of options

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




0.99 pence

5,000,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

14 December 2022

f)

 

Place of the transaction

 

 

Off market

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

 

a)

 

Name

 

 

Edward Riddell

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Finance Director and PDMR

b)

 

Initial notification/amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

Rosslyn Data Technologies plc

b)

 

LEI

 

 

213800UJ7YTBGGXGJN09

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 0.5 pence each



Identification code

GB00BKX5CP01



b)

 

Nature of the transaction

 

 

Grant of options

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




0.99 pence

5,000,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

14 December 2022

f)

 

Place of the transaction

 

 

Off market

 

 

 

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END
 
 
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