TIDMATQT

RNS Number : 5100W

ATTRAQT Group PLC

26 April 2021

Grant of Director Options

Attraqt Group plc

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

Grant of Director Options

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

Attraqt Group plc (AIM: ATQT), the provider of SaaS solutions that power exceptional online shopping experiences, announces the award of options (the "Options") over new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") to Mark Adams (Chief Executive Officer) and Eric Dodd (Chief Financial Officer) under the Attraqt Group plc Long Term Incentive Plan.

The awards are granted as non-tax advantaged awards and vesting is subject to continued service and the achievement of certain share price and/or revenue growth performance conditions three years after the date of grant (22 April 2024). The Options have an exercise price of 1 pence per Ordinary Share.

For further enquiries please contact:

 
 Attraqt Group plc                          Via Alma PR 
 Mark Adams, CEO 
 Eric Dodd, CFO 
 
 Canaccord Genuity (Nominated Adviser,      +44 (0)20 7523 
  Financial Adviser and Sole Bookrunner)     8000 
 Simon Bridges 
 Adam James 
 
                                            +44 (0)20 3405 
 Alma PR                                     0205 
 Susie Hudson                               ATQT@almapr.co.uk 
 Sam Modlin 
 Molly Gretton 
 

About Attraqt Group plc

Attraqt powers exceptional shopping experiences for over 300 of the world's leading retail brands. The Company delivers omnichannel search, merchandising, and product & content personalization for retailers and brands. Simple-to-use interfaces and efficient workflows enable Merchandisers to take full control and enhance the value of smart automation with their own strategic expertise and creativity.

For more information visit www.attraqt.com

Details of the full notifications received by the Company are set out below.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Mark Adams 
     -------------------------------  -------------------------------------------------- 
 2    Reason for Notification 
     ----------------------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
     -------------------------------  -------------------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  -------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------------- 
 a)   Name                             Attraqt Group PLC 
     -------------------------------  -------------------------------------------------- 
 b)   LEI                              213800M9C9HBKLLFSU91 
     -------------------------------  -------------------------------------------------- 
 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               Ordinary Shares of 1 pence each in 
       financial instrument,            Attraqt Group PLC 
       type of instrument               GB00BMJJFZ18 
       Identification code 
     -------------------------------  -------------------------------------------------- 
 b)   Nature of the transaction                   Entry into an Award Agreement pursuant 
                                                   to which the following option awards 
                                                   were granted under the Attraqt Group 
                                                   PLC Long Term Incentive Plan: 
                                                   (i) a non-tax advantaged award over 
                                                   500,000 Ordinary Shares of 1 pence 
                                                   each in Attraqt Group PLC. 
                                                   The award was granted with an option 
                                                   price of 1 pence per share and will 
                                                   ordinarily become exercisable subject 
                                                   to the achievement of performance 
                                                   criteria and continued service. 
     -------------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)             Volume(s) 
                                         1 pence (exercise 
                                          price)              500,000 
                                                             ---------- 
     -------------------------------  -------------------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  -------------------------------------------------- 
 e)   Date of the transaction          22(nd) April 2021 
     -------------------------------  -------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Eric Dodd 
     -------------------------------  -------------------------------------------------- 
 2    Reason for Notification 
     ----------------------------------------------------------------------------------- 
 a)   Position/status                  Chief Financial Officer 
     -------------------------------  -------------------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  -------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------------- 
 a)   Name                             Attraqt Group PLC 
     -------------------------------  -------------------------------------------------- 
 b)   LEI                              213800M9C9HBKLLFSU91 
     -------------------------------  -------------------------------------------------- 
 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               Ordinary Shares of 1 pence each in 
       financial instrument,            Attraqt Group PLC 
       type of instrument               GB00BMJJFZ18 
       Identification code 
     -------------------------------  -------------------------------------------------- 
 b)   Nature of the transaction                   Entry into an Award Agreement pursuant 
                                                   to which the following option awards 
                                                   were granted under the Attraqt Group 
                                                   PLC Long Term Incentive Plan: 
                                                   (i) a non-tax advantaged award over 
                                                   164,000 Ordinary Shares of 1 pence 
                                                   each in Attraqt Group PLC. 
                                                   The award was granted with an option 
                                                   price of 1 pence per share and will 
                                                   ordinarily become exercisable subject 
                                                   to the achievement of performance 
                                                   criteria and continued service. 
     -------------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)             Volume(s) 
                                         1 pence (exercise 
                                          price)              164,000 
                                                             ---------- 
     -------------------------------  -------------------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  -------------------------------------------------- 
 e)   Date of the transaction          22(nd) April 2021 
     -------------------------------  -------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------------------- 
 
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