Grant of options under Sharesave Scheme
Source: RNS
23 June 2022
Bytes Technology Group plc
("the Company")
Grant of options under Sharesave Scheme
On 22 June 2022, the Company granted options over a total of 722,863 ordinary shares of £0.01 each ("the Options") under the Bytes Technology Group Sharesave Scheme ("the Scheme"). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of £3.72 per ordinary share from 1 August 2025 in accordance with the rules of the Scheme. The total grant of options under the Scheme in 2022 and 2021 (the latter exercisable at a price of £4.00 per ordinary share from 1 August 2024) represents 0.55% of the Company's existing share capital.
Enquiries
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WK Groenewald Group Company Secretary Bytes Technology Group plc |
Tel: +44 (0)1372 418 992
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The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.
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