Touchstar PLC Grant of options (8567Z)
January 16 2024 - 3:16AM
UK Regulatory
TIDMTST
RNS Number : 8567Z
Touchstar PLC
16 January 2024
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain.
16 January 2024
Touchstar plc
("Touchstar", the "Company" or the "Group")
Grant of options
Touchstar plc (AIM:TST), suppliers of mobile data computing
solutions and managed services to a variety of industrial sectors,
announces that the Board have approved the grant of up to 211,876
share options over ordinary shares in the capital of the Company
("Options"). Of which 70,000 Options have been awarded to Mark
Hardy (CEO) and Natasha (CFO). The Options are exercisable at 95p
per share subject to the achievement of certain performance
conditions. The Options have been awarded under the Company's
Long-Term Incentive Plan ("LTIP") as approved by shareholders at
the Company's annual general meeting on 23 June 2021.
Mark Hardy, CEO, has been granted 40,000 Options, following
which he now holds in aggregate 116,000 Options. Natasha Rourke,
CFO, has been granted 30,000 Options, following which she now holds
in aggregate 70,000 Options.
For further information, please contact:
Touchstar plc www.touchstarplc.com
Ian Martin 0161 874 5050
Mark Hardy 0161 874 5050
WH Ireland - Nominated Adviser & Broker www.whirelandcb.com
Corporate Finance - Mike Coe/Sarah Mather 020 7220 1666
Information on Touchstar plc can be seen at:
www.touchstarplc.com
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mark Hardy
----------------------------- ----------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------------- ----------------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
-----------------------------------------------------------------------
a) Name Touchstar plc
----------------------------- ----------------------------------------
b) LEI 213800EO42MM683FGC44
----------------------------- ----------------------------------------
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 Ordinary shares of 5p each
of the financial
instrument,
type of instrument G00BD9YDB55
Identification
code
----------------------------- ----------------------------------------
b) Nature of the Grant of Option under the
transaction LTIP
----------------------------- ----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 95p 40,000
------------------
----------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume 40,000
GBP38,000
* Price
----------------------------- ----------------------------------------
e) Date of the 16 January 2024
transaction
----------------------------- ----------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Natasha Rourke
----------------------------- ----------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status CFO
----------------------------- ----------------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
-----------------------------------------------------------------------
a) Name Touchstar plc
----------------------------- ----------------------------------------
b) LEI 213800EO42MM683FGC44
----------------------------- ----------------------------------------
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 Ordinary shares of 5p each
of the financial
instrument,
type of instrument G00BD9YDB55
Identification
code
----------------------------- ----------------------------------------
b) Nature of the Grant of Option under the
transaction LTIP
----------------------------- ----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 95p 30,000
------------------
----------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume 30,000
GBP28,500
* Price
----------------------------- ----------------------------------------
e) Date of the 16 January 2024
transaction
----------------------------- ----------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------------- ----------------------------------------
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END
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