Supply @ME Capital PLC Grant of Awards under Long Term Incentive Plan (9984E)
November 02 2022 - 2:01AM
UK Regulatory
TIDMSYME
RNS Number : 9984E
Supply @ME Capital PLC
02 November 2022
2 November 2022
Supply@ME Capital plc
(the " Company ", " Supply@ME " or " SYME ")
Grant of Awards under the Supply@ME Long Term Incentive Plan
SYME, the fintech business which provides an innovative fintech
platform ("Platform") for use by manufacturing and trading
companies to access Inventory Monetisation(c) solutions enabling
their businesses to generate cashflow , announces that, following
approval from the Company's board of directors (the "Board" or
"Directors") and remuneration committee of the Board, on 31 October
2022 awards in the form of nominal-cost share options ("Awards")
over 897,424,157 ordinary shares of nominal value 0.002 pence each
in the capital of the Company ("Ordinary Shares") were granted
under the Supply@ME Long Term Incentive Plan (the "LTIP") to
certain of the Company's executives and senior management.
The Awards granted include those made to the following Director
and person discharging managerial responsibilities ("PDMR"):
Name Position Number of Ordinary Shares
under Award
Chief Executive Officer;
Alessandro Zamboni Executive Director 258,750,000
-------------------------- --------------------------
Chief Financial Officer;
Amy Benning PDMR 187,500,000
-------------------------- --------------------------
Pursuant to the terms of the LTIP the Awards will normally
become exercisable on 31 October 2025.
Awards may become exercisable subject to continued employment
and the achievement of an absolute Total Shareholder Return
performance condition measured over a three-year performance period
over the 2022, 2023 and 2024 financial years (as set out in SYME's
2021 Annual Report and Accounts).
The Award granted to the Chief Executive Officer is additionally
subject to a two-year holding period following the vesting
date.
Enquiries:
Alessandro Zamboni, CEO, Supply@ME Capital plc,
investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780;
paul.vann@walbrookpr.com
Media:
Nicola Louis, MHP, Nicola.Louis@mhpc.com
The information set out below is provided in accordance with the
requirements of Article 19(3) of Regulation 2014/596/EU, which is
part of the domestic law of the United Kingdom of Great Britain and
Northern Ireland pursuant to the Market Abuse (Amendment) (EU Exit)
Regulations (SI 2019/310).
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Alessandro Zamboni
2. Amy Benning
------------------------------------------------------------ --------------------------------------------------
2 Reason for notification
----------------------------------------------------------------------------------------------------------------
a) Position/status 1. Chief Executive Officer; Executive Director
2. Chief Financial Officer; PDMR
------------------------------------------------------------ --------------------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------ --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name Supply@ME Capital plc
------------------------------------------------------------ --------------------------------------------------
b) LEI 213800ZY2C2TI2C5WQ61
------------------------------------------------------------ --------------------------------------------------
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 financial instrument, type of instrument Ordinary shares of nominal value 0.002p
Identification code each in the capital of Supply@Me Capital
plc
ISIN: GB00BFMDJC60
------------------------------------------------------------ --------------------------------------------------
b) Nature of the transaction Grant of awards in the form of nominal-cost
options over Ordinary Shares under the
Supply@ME Long Term Incentive Plan
------------------------------------------------------------ --------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 1. 258,750,000
2. Nil 2. 187,500,000
---------------------------
------------------------------------------------------------ --------------------------------------------------
d) Aggregated information
* Aggregated volume 446,250,000
Nil
* Price
------------------------------------------------------------ --------------------------------------------------
e) Date of the transaction 31 October 2022
------------------------------------------------------------ --------------------------------------------------
f) Place of the transaction Outside of a trading venue
------------------------------------------------------------ --------------------------------------------------
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END
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