TIDMBYIT

RNS Number : 9511P

Bytes Technology Group PLC

23 June 2022

23 June 2022

Bytes Technology Group plc

("the Company")

Grant of options under Sharesave Scheme

On 22 June 2022, the Company granted options over a total of 722,863 ordinary shares of GBP0.01 each ("the Options") under the Bytes Technology Group Sharesave Scheme ("the Scheme"). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of GBP3.72 per ordinary share from 1 August 2025 in accordance with the rules of the Scheme. The total grant of options under the Scheme in 2022 and 2021 (the latter exercisable at a price of GBP4.00 per ordinary share from 1 August 2024) represents 0.55% of the Company's existing share capital.

Enquiries

 
  WK Groenewald                 Tel: +44 (0)1372 418 992 
   Group Company Secretary 
   Bytes Technology Group plc

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

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

DSHEAPKDALDAEEA

(END) Dow Jones Newswires

June 23, 2022 06:00 ET (10:00 GMT)

Bytes Technology (LSE:BYIT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Bytes Technology Charts.
Bytes Technology (LSE:BYIT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Bytes Technology Charts.