GetBusy PLC Issue of share options (1332S)
March 15 2021 - 2:00AM
UK Regulatory
TIDMGETB
RNS Number : 1332S
GetBusy PLC
15 March 2021
15 March 2021
GetBusy plc
Grant of Options under GetBusy plc EMI Share Option Plan
GetBusy plc (AIM: GETB) ("GetBusy" or "the Company" or "the
Group"), a developer of document management and productivity
software products, announces that it has granted a total of 665,000
options over ordinary shares to various members of management.
The options have been granted under the Company's EMI Share
Option Plan, which was approved by shareholders on 7 January 2020.
The exercise price of the options is equal to their nominal value
of GBP0.0015 per share.
All of the new options have appropriate performance conditions
attached and conditionally vest in 3 years. Up to 425,000 options
vest on a sliding scale, conditional upon the achievement of
annualised recurring revenue targets for the Group's GetBusy task
management product. The balance of 240,000 of the options vest
conditionally upon growth in the Company's share price.
Enquiries
GetBusy plc
investors@getbusy.com
Liberum Capital Limited (Nomad and Broker)
Cameron Duncan / Lauren Kettle +44 (0)20 3100 2000
About GetBusy
GetBusy's document management and task management software
enables over 67,000 professional paying users around the world to
digitise their operations and be productive while working in the
office or remotely.
Further information on the Group is available at
www.getbusy.com/investors
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