TIDMSYME

RNS Number : 1103A

Supply @ME Capital PLC

22 May 2023

22 May 2023

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 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 19 May 2023 awards in the form of nominal-cost share options ("Awards") over 355,884,274 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         97,031,250 
                      --------------------------  -------------------------- 
                       Chief Financial Officer; 
 Amy Benning            PDMR                       70,312,500 
                      --------------------------  -------------------------- 
 

Pursuant to the terms of the LTIP the Awards will normally become exercisable on 19 May 2026.

Awards may become exercisable subject to continued employment and the achievement of performance conditions relating to absolute Total Shareholder Return measured (50%) and volume of inventory monetised (50%). Each performance condition will be measured over a three-year performance period comprising the 2023, 2024 and 2025 financial years (as set out in SYME's 2022 Annual Report and Accounts).

The Award granted to Alessandro Zamboni is additionally subject to a two-year post-vesting holding period following the vesting date.

Contact information:

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

MHP Group, SupplyME@mhpgroup.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; 
                                                                        PDMR 
                                                                        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 of nominal 
                                                                     value 0.002p each in the capital of Supply@Me 
                                                                     Capital plc under the Supply@ME Long Term 
                                                                     Incentive Plan 
     ------------------------------------------------------------  --------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)              Volume(s) 
                                                                                 1. Nil                1. 97,031,250 
                                                                                  2. Nil                70,312,500 
                                                                                           ------------------------- 
     ------------------------------------------------------------  --------------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                                   167,343,750 
                                                                      Nil 
 
             *    Price 
     ------------------------------------------------------------  --------------------------------------------------- 
 e)   Date of the transaction                                       19 May 2023 
     ------------------------------------------------------------  --------------------------------------------------- 
 f)   Place of the transaction                                      Outside of a trading venue 
     ------------------------------------------------------------  --------------------------------------------------- 
 
 
 
 
 
 

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END

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