Codemasters Group Holdings PLC Director/PDMR Dealing (1534G)
November 23 2020 - 3:00AM
UK Regulatory
TIDMCDM
RNS Number : 1534G
Codemasters Group Holdings PLC
23 November 2020
23 November 2020
Codemasters Group Holdings Plc
("Codemasters" or the "Company")
Director/PDMR Dealing
Codemasters (AIM:CDM), the award-winning British video game
developer and publisher specialising in high-quality racing games,
announces the following dealing by a director.
On 23 November 2020 Lisa Thomas, a Non-Executive Director, was
granted an option (the "Option") to subscribe for 210,000 ordinary
shares of 1 pence each in the Company at an exercise price of 235
pence per ordinary share in accordance with the terms of her
appointment as a Non-Executive Director earlier this year. The
other terms of the Option reflect the material provisions of the
Rules of the Company's NED Plan, including as to vesting and
exercise. The Option will vest as to one-third of the ordinary
shares comprised in it on 7 April 2021 and the balance from 7 April
2021 at the end of each complete month on a pro rata basis up to 7
April 2023. The Option is exercisable between 7 April 2021 and 6
April 2030 subject to vesting and her continuing to hold the
position of Director at the date of exercise. The Option will vest
in full and become exercisable upon the Court sanction of the
scheme of arrangement to effect the recommended cash and share
offer by Take-Two Interactive Software, Inc for the Company that
was announced on 10 November 2020.
If all of the Options were exercised in full, this would
represent approximately 0.13 per cent. of the Company's issued
share capital.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Lisa Thomas
------------------------------ -----------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------------ -----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------ -----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Codemasters Group Holdings plc
------------------------------ -----------------------------------
b) LEI 213800NOITSDQVNP5W91
------------------------------ -----------------------------------
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 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BFWZ2G72
------------------------------ -----------------------------------
b) Nature of the transaction Grant of option
------------------------------ -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP2.35 210,000
----------
------------------------------ -----------------------------------
d) Aggregated information
n/a (single transaction)
- Aggregated volume
- Price
------------------------------ -----------------------------------
e) Date of the transaction 23 November 2020
------------------------------ -----------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ -----------------------------------
Enquiries
Codemasters Group Holdings Plc Via Alma PR
Frank Sagnier, CEO
Rashid Varachia, CFO
Liberum (Nominated Adviser and Joint
Corporate Broker)
Neil Patel
Cameron Duncan
Ed Phillips
William Hall +44 (0) 20 3100 2000
Jefferies International Ltd (Joint Corporate
Broker)
Ed Matthews
William Brown +44 (0) 20 7029 8000
Alma PR Limited +44 (0) 7780 901979
Josh Royston codemasters@almapr.co.uk
Rebecca Sanders-Hewett
Helena Bogle
Sam Modlin
ABOUT CODEMASTERS:
Codemasters (AIM:CDM) is an award-winning British video game
developer and publisher with over 30 years of heritage. The company
specialises in high-quality racing games including DiRT, GRID and
the BAFTA award-winning official F1(R) series of videogames. In
November 2019, Codemasters acquired Slightly Mad Studios, creators
and developers of award-winning IP including the Project CARS
franchise and Fast & Furious Crossroads.
Codemasters' LEI number is: 213800NOITSDQVNP5W91
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