Checkit plc
("Checkit" or the "Group")
Grant of options and PDMR dealings
Checkit plc (AIM:CKT) announces that, on 12 July 2021, it granted options over ordinary shares of 5 pence each ("Ordinary Shares") to certain PDMRs and employees to subscribe for, in aggregate, up to 1,157,500 Ordinary Shares under the Group's existing EMI and US Options Schemes (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 4,812,500 (7.7% of issued share capital).
PDMR Dealings
Included within the above, the Options granted to certain PDMRs of the Group are as follows:
|
Name |
Title |
Options issued |
Total Options held |
|
Mike Earle |
Global Head of Service and Delivery |
100,000 |
100,000 |
|
Will Maunder-Taylor |
Vice President Sales |
100,000 |
100,000 |
|
Victoria Thorp |
Chief Commercial Officer |
100,000 |
200,000 |
|
Ade Risdore |
Director of Marketing |
100,000 |
100,000 |
|
Mark Wakeley |
Head of BEMS |
62,500 |
100,000 |
|
Julie Webbe |
Chief People Officer |
100,000 |
100,000 |
|
Hugh Wooster |
Company Secretary and General Counsel |
100,000 |
100,000 |
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Contacts:
|
Checkit plc |
|
+44 (0) 1223 371000 |
|
www.checkit.net |
|
|
|
Keith Daley (Executive Chairman) |
|
|
|
Hugh Wooster (Company Secretary) |
|
|
|
|
|
|
|
Singer Capital Markets (Nominated adviser & Broker) |
|
+44 (0) 20 7496 3000 |
|
Shaun Dobson / George Tzimas (Corporate Finance) |
|
|
|
Rachel Hayes (Corporate Broking) |
|
|
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Mike Earle
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Global Head of Service and Delivery (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 57 pence per Ordinary Share |
100,000 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Will Maunder-Taylor
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Vice President of Sales (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 57 pence per Ordinary Share |
100,000 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 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 Operating 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 57 pence per Ordinary Share |
100,000 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Ade Risidore
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Director of Marketing (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 57 pence per Ordinary Share |
100,000 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Mark Wakeley
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Head of Projects, Supply Chain & BEMS (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 57 pence per Ordinary Share |
62,500 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Julie Webbe
|
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief People 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 57 pence per Ordinary Share |
100,000 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Hugh Wooster |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Company Secretary & General Counsel (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 57 pence per Ordinary Share |
100,000 Ordinary Shares |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
|
- Aggregated volume |
|
||||
|
|
|
||||
|
- Price |
|
||||
|
|
|
||||
|
e)
|
Date of the transaction |
12 July 2021 |
|||
|
f) |
Place of the transaction |
Outside a trading venue |
|||