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Company Announcements

Grant of Awards under the Long Term Incentive Plan

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By LSE RNS

RNS Number : 9955U
Mind Gym PLC
03 August 2020
 

3 August 2020

 

Mind Gym plc 

("Mind Gym" or the "Company")

 

Grant of Awards under the Long Term Incentive Plan

Mind Gym announces that on 12 June 2020 it made an award to a Person Discharging Managerial Responsibility (PDMR) as set out below over ordinary shares of 0.001 pence each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"). In accordance with the LTIP rules, awards to PDMRs based in the US are in the form of restricted stock. The vesting period for the award is between three and five years and is exercisable up to the tenth anniversary of the award date or earlier if the Board decide otherwise.

 

PDMR

Title

Type of Award

Options granted

Ryan Boughan

Chief Commercial Officer US

Restricted stock

95,999

 

Enquiries

 

Mind Gym plc

+44 (0) 20 7376 0626

Octavius Black (CEO)

Joanne Cash (Chair)

Richard Steele (CFO)

 

investors@themindgym.com

 


Liberum (Nominated Adviser and Broker)

+44 (0) 20 3100 2000

Bidhi Bhoma

Joshua Hughes

Euan Brown

 


Maitland/AMO (for media enquiries)

+44 (0) 20 7379 5151

Sam Cartwright

 

mindgym-maitlandamo@maitland.co.uk


 

Notification and public disclosure of transactions by persons discharging managerial

responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ryan Boughan

2

Reason for the notification

a)

Position/status

Chief Commercial Officer US

b)

Is this an initial notification or an amendment to a prior notification?

Initial notification

3

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

a)

Name

Mind Gym plc

b)

LEI

213800ER1PA5QSNKIL80

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 of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 0.001 pence each

 

ISIN: GB00BF3SQB83

b)

Nature of the transaction

Grant of restricted stock awards under the Long-Term Incentive Plan (LTIP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

95,999

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

N/A - single transaction

 

 

e)

Date of transaction

12 June 2020

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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