Fonix Mobile PLC Director/PDMR Shareholding - Grant of Options (0107V)
April 09 2021 - 6:00AM
UK Regulatory
TIDMFNX
RNS Number : 0107V
Fonix Mobile PLC
09 April 2021
9 April 2021
Fonix Mobile plc
("Fonix" or the "Company")
Grant of Options
Director/PDMR Shareholding
Fonix Mobile plc (AIM: FNX), the UK focused mobile payments and
messaging company, announces that on 8 April 2021 the Company
issued a total of 64,426 options to subscribe for new ordinary
shares of 0.1p each in the Company (the "Options") under the
Company's Long Term Incentive Plan to Michael Foulkes, the newly
appointed Chief Financial Officer of the Company. The Options have
an exercise price of 178.5p , being the closing mid-market price
the day before grant, and vest after 3 years on 8 April 2024. The
Options form part of Mr. Foulkes contractual remuneration agreed on
appointment and align Mr. Foulkes with shareholders by
incentivising and rewarding the creation of shareholder value over
the next 3 years.
Enquiries
Fonix Mobile plc Tel: +44 20 8114
Robert Weisz, CEO 7000
Michael Foulkes, CFO
Tel: +44 20 7220
finnCap Ltd (Nomad and Broker) 0500
Jonny Franklin-Adams / Giles Rolls (Corporate
Finance)
Alice Lane / Sunila de Silva (ECM)
About Fonix
Fonix is a UK focused mobile payments and messaging company,
enabling businesses to charge users' mobile bills and send users
SMSs via their mobile carrier.
Founded in 2006, Fonix allows mobile carriers to provide
additional services in the form of carrier billing, SMS billing,
messaging and voice shortcodes. Fonix has over 120 clients
including ITV, Bauer Media, BT, Global Radio and BBC Children in
Need across a range of multi-billion pound sectors such as media,
gaming, charity, ticketing and digital services. Fonix offers
clients access to the customer base of the mobile carriers.
Fonix is headquartered in London and currently has a UK focused
strategy, differentiating it from its competitors by allowing it to
focus on high quality revenues in mature and highly regulated
market sectors. It is a tier 1 aggregator with direct technical
connections to all of the major UK MNOs, some of whose contracts
have been in place for over 10 years. The long-term nature of these
contracts has resulted in Fonix gaining access to over 95 per cent.
of the UK mobile consumer audience and a strong reputation in the
market.
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 Michael Foulkes
------------------------------- --------------------------------------
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 Fonix Mobile plc
------------------------------- --------------------------------------
b) LEI 213800GBZCWQ7HR2ZE92
------------------------------- --------------------------------------
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 Options to subscribe for new ordinary
Financial instrument, shares of 0.1p each
type of instrument
Identification code FNX GB00BN789668
------------------------------- --------------------------------------
b) Nature of the transaction Grant of options
------------------------------- --------------------------------------
c) Price(s) and volume(s) Director Exercise Volume(s)
Price(s)
M Foulkes 178.5p 64,426
------------------------------- --------------------------------------
d) Aggregated information:
Aggregated volume See 4c) above
Price
------------------------------- --------------------------------------
e) Date of the transaction 8 April 2021
------------------------------- --------------------------------------
f) Place of the transaction Outside of a trading venue
------------------------------- --------------------------------------
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
DSHUKVRRAKUSRAR
(END) Dow Jones Newswires
April 09, 2021 07:00 ET (11:00 GMT)
Fonix Mobile (LSE:FNX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fonix Mobile (LSE:FNX)
Historical Stock Chart
From Apr 2023 to Apr 2024