Company Announcements

Grant of Options and dealings by PDMRs

Source: RNS
RNS Number : 6405G
Draper Esprit PLC
27 July 2021
 

 

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

 

Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")

 

Draper Esprit PLC (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that a one off grant of options (the "Options") over a total of 3,044 ordinary shares with a nominal value of 1p each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company's new CSOP ("CSOP"), as set out below.

The Options awarded under the CSOP have a nominal value exercise of 1p price and will vest on the first anniversary of grant.  A summary of the Options and the CSOP are set out in the Company's prospectus published on 19 July 2021, a copy of which is available at www.draperesprit.com.

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

PDMR

Options awarded

Total Options

Ordinary Shares

Stuart Chapman

1,522

985,559

1,046,306

Ben Wilkinson

1,522

510,577

12,225

 

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.

ANNEX

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Stuart Chapman

 

2

Reason for the notification

 

a)

Position / status

Chief Portfolio Officer

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Draper Esprit plc

 

b)

LEI

 

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Options in respect of the CSOP over ordinary shares of 1p each


Identification Code

 

GB00BY7QYJ50

b)

Nature of the transaction

Issue of options

 

c)

Price(s) and volume(s)

 

1,522 options with an exercise price of one pence

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

 

26 July 2021

f)

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Ben Wilkinson

 

2

Reason for the notification

 

a)

Position / status

CFO

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Draper Esprit plc

 

b)

LEI

 

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Options in respect of the CSOP over ordinary shares of 1p each


Identification Code

 

GB00BY7QYJ50

b)

Nature of the transaction

Issue of options

 

c)

Price(s) and volume(s)

 

1,522 options with an exercise price of one pence

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

 

26 July 2021

f)

Place of the transaction

 

Outside a trading venue

 

 

For further information, please contact:

 

Draper Esprit plc

Martin Davis (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

 

+44 (0)20 7931 8800

Numis Securities

Joint Financial Adviser and Corporate Broker

Simon Willis

Richard Thomas

Jamie Loughborough

 

+44 (0)20 7260 1000

Goodbody Stockbrokers

Joint Financial Adviser and Corporate Broker, Euronext Dublin Sponsor

Don Harrington

Charlotte Craigie

Linda Clarke

 

+44 (0)20 3841 6202

Powerscourt

Public relations

Elly Williamson

Jane Glover

+44 (0)7970 246 725 /

+44 (0)7713 246 126

 

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