Checkit plc
("Checkit" or the "Group")
Grant of options and PDMR dealings
Checkit plc (AIM:CKT) announces that, on 17 February 2021, it granted options over ordinary shares of 5 pence each ("Ordinary Shares") to certain Directors, PDMRs and employees to subscribe for, in aggregate, up to 1,587,500 Ordinary Shares under the Group's existing EMI Options Scheme and its new US Options Scheme (the "Options").
Options granted under both the EMI Options Scheme and US Options Scheme are exercisable after a three-year holding period and there are no performance conditions. Options granted under these schemes expire on the tenth anniversary of the date of grant.
Following the above award of the Options, the total options outstanding are as follows:
|
Date of award |
Exercise price |
Number of options |
Earliest exercise date |
% of issued share capital |
|
July 2020 |
40.5p |
2,645,000 |
July 2023 |
4.24% |
|
February 2021 |
55.5p |
1,587,500 |
February 2024 |
2.54% |
|
TOTAL |
|
4,232,500 |
|
6.78% |
Director/PDMR Dealings
Included within the above, the Options granted to certain Directors and PDMRs of the Group are as follows:
|
Director / PDMR |
Number of new EMI Options granted |
|
Aylsa Muir, Chief Financial Officer |
225,000 |
|
Kit Kyte, Chief Commercial Officer |
225,000 |
|
Stephen Peck, US Managing Director |
225,000 |
|
Andrew Stevens, Chief Technology Officer |
100,000 |
|
Victoria Thorp, Chief Operations Officer |
100,000 |
|
Michelle Ho, Group General Counsel & Company Secretary |
100,000 |
|
Gregory Price, Director of Finance |
100,000 |
The notifications below, are made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
|
Checkit plc |
+44 (0) 1223 371 000 |
|
www.checkit.net |
|
|
Keith Daley (Executive Chairman) |
|
|
Michelle Ho (Company Secretary) |
|
|
|
|
|
N+1 Singer (Nominated Adviser & Broker) |
+44 (0) 20 7496 3000 |
|
Shaun Dobson / George Tzimas (Corporate Finance) |
|
|
Rachel Hayes (Corporate Broking) |
|
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
|
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|
a)
|
Name
|
Aylsa Muir
|
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|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Financial Officer (Director) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
225,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
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|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
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|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
|
|
|
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Kit Kyte
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Commercial Officer (PDMR) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
225,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Stephen Peck
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
US Managing Director (PDMR) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
|
|
|
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
225,000 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Andrew Stevens
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Technology Officer (PDMR) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
100,000 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Victoria Thorp
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Operations Officer (PDMR) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
100,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Michelle Ho
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Group General Counsel & Company Secretary (PDMR) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
100,000 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Gregory Price |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Director of Finance (PDMR) |
|||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
Name
|
Checkit plc |
|||
|
b)
|
LEI
|
213800556WJOWQNT2R68 |
|||
|
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 |
Ordinary Shares of 5 pence each |
|||
|
|
|
||||
|
Identification code |
ISIN: GB00B0C5RG72 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of options over Ordinary Shares |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Exercisable at 55.5 pence per Ordinary Share |
100,000 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
17 February 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||