Grant of options under Sharesave Scheme

Source: RNS
RNS Number : 8932C
Bytes Technology Group PLC
24 June 2021
 

24 June 2021

 

Bytes Technology Group plc
("the Company")

 

Grant of options under Sharesave Scheme

 

On 22 June 2021, the Company granted options over a total of 1,105,695 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 £4.00 per ordinary share from 1 August 2024 in accordance with the rules of the Scheme. The grant of the Options represents 0.46% of the Company's existing share capital.

 

Enquiries        

WK Groenewald

Group Company Secretary

Bytes Technology Group plc

Tel: +44 (0)1372 418 992

 

 

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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