26 June 2025
Bytes Technology Group plc
("the Company")
Grant of options under Sharesave Scheme
On 25 June 2025, the Company granted options over a total of 489,323 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 £4.18 per ordinary share from 1 August 2028 in accordance with the rules of the Scheme.
|
Sharesave Scheme |
Exercise price |
Exercise date |
|
2021 Scheme |
£4.00 |
1 August 2024 |
|
2022 Scheme |
£3.72 |
1 August 2025 |
|
2023 Scheme |
£3.92 |
1 August 2026 |
|
2024 Scheme |
£4.57 |
1 August 2027 |
|
2025 Scheme |
£4.18 |
1 August 2028 |
Jack Watson, Clare Metcalfe and Paul Emms, Persons Discharging Managerial Responsibilities, were each granted 4,389 Options under the 2025 Scheme, with an exercise period of 1 August 2028 - 31 January 2029.
The notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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|
a) |
Name |
Jack Watson |
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|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Managing Director: Bytes Software Services Limited |
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|
b) |
Initial notification / amendment |
Initial Notification |
||||
|
3. |
Details of the issuer or emission allowance market participant |
|||||
|
a) |
Name |
Bytes Technology Group plc |
||||
|
b) |
LEI |
213800LA4DZLFBAC9O33 |
||||
|
4. |
Details of the transaction(s) |
|||||
|
a) |
Description of the financial instrument Identification code |
Ordinary shares of 1 pence GB00BMH18Q19 |
||||
|
b) |
Nature of the transaction |
Grant of share options under the Bytes Technology Group Sharesave Scheme |
||||
|
c) |
Price(s) and volume(s) |
Price:
|
Volume:
|
|||
|
d) |
Aggregated information - Aggregated volume - Price |
|
||||
|
e) |
Date of the transaction |
25 June 2025 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Clare Metcalfe |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Managing Director: Phoenix Software Limited |
||||
|
b) |
Initial notification / amendment |
Initial Notification |
||||
|
3. |
Details of the issuer or emission allowance market participant |
|||||
|
a) |
Name |
Bytes Technology Group plc |
||||
|
b) |
LEI |
213800LA4DZLFBAC9O33 |
||||
|
4. |
Details of the transaction(s) |
|||||
|
a) |
Description of the financial instrument Identification code |
Ordinary shares of 1 pence GB00BMH18Q19 |
||||
|
b) |
Nature of the transaction |
Grant of share options under the Bytes Technology Group Sharesave Scheme |
||||
|
c) |
Price(s) and volume(s) |
Price:
|
Volume:
|
|||
|
d) |
Aggregated information - Aggregated volume - Price |
|
||||
|
e) |
Date of the transaction |
25 June 2025 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Paul Emms |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Director of Group Finance |
||||
|
b) |
Initial notification / amendment |
Initial Notification |
||||
|
3. |
Details of the issuer or emission allowance market participant |
|||||
|
a) |
Name |
Bytes Technology Group plc |
||||
|
b) |
LEI |
213800LA4DZLFBAC9O33 |
||||
|
4. |
Details of the transaction(s) |
|||||
|
a) |
Description of the financial instrument Identification code |
Ordinary shares of 1 pence GB00BMH18Q19 |
||||
|
b) |
Nature of the transaction |
Grant of share options under the Bytes Technology Group Sharesave Scheme |
||||
|
c) |
Price(s) and volume(s) |
Price:
|
Volume:
|
|||
|
d) |
Aggregated information - Aggregated volume - Price |
|
||||
|
e) |
Date of the transaction |
25 June 2025 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
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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