IQGeo Group PLC Grant of Options (3540H)
03 Décembre 2020 - 8:00AM
UK Regulatory
TIDMIQG
RNS Number : 3540H
IQGeo Group PLC
03 December 2020
IQGeo Group plc
(the "Company" or the "Group")
Grant of Options
IQGeo Group plc (AIM: IQG), a leading developer of geospatial
productivity and collaboration software for telecoms and utility
network operators, announces the approval of the grant of options
over a total of 500,000 ordinary shares of 2 pence each in the
Company ("Ordinary Shares") ("Options") to Haywood Chapman, Chief
Financial Officer of the Company.
Upon the recommendation of the Company's remuneration committee,
the Company has granted the Options pursuant to the Group's 2020
Share Option Plan. The award comprises 307,407 EMI Options and
192,593 Unapproved Options.
The exercise price for the Options is 67.5 pence, being the
close price on 10 September 2020 and the date of Haywood's
appointment. The Options vest in portions of one third on the
first, second and third anniversaries of grant and have no further
performance conditions other than ongoing employment on the date of
vesting. The Options will be subject to a two-year holding period
from vesting point, with Haywood only permitted to sell shares
sufficient to cover the exercise cost and any tax liability within
this holding period. The Options will vest in full on a change of
control.
As this represents his first award of Options, Haywood Chapman
now holds 500,000 Options.
For further information contact:
IQGeo Group plc +44 1223 606655
Richard Petti
Haywood Chapman
finnCap Ltd +44 20 7220 0500
Henrik Persson, Anthony Adams (Corporate Finance)
Tim Redfern, Richard Chambers (ECM)
Notes to editors
IQGeo's end-to-end geospatial software improves productivity and
collaboration across enterprise planning, design, construction,
maintenance and sales processes for telecoms and utility network
operators. Our mobile-first enterprise solutions create and
maintain, an accurate view of complex network assets that is easily
accessible by anyone, wherever and whenever needed.
Specialized applications combined with our open IQGeo Platform
help network operators create a single source of network truth to
meet their digital transformation ambitions and operational KPIs.
Our award-winning, cloud-enabled solutions save time and money, and
improve safety and productivity, while enhancing customer
satisfaction.
With over 50,000 active software users, IQGeo has an established
and rapidly growing customer base with telecoms and utility
companies worldwide.
IQGeo trades on AIM with the ticker IQG.
For additional information please visit www.iqgeo.com
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Haywood Chapman
------------------------ --------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------ --------------------------------------
b) Initial notification Initial
/Amendment
------------------------ --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name IQGEO Group plc
------------------------ --------------------------------------
b) LEI 213800P2PCLCEFANB194
------------------------ --------------------------------------
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 2p Ordinary Shares
of the financial
instrument,
type of instrument ISIN: GB00B3NCXX73
Identification
code
------------------------ --------------------------------------
b) Nature of the Grant of Options over Ordinary Shares
transaction
------------------------ --------------------------------------
c) Price(s) and n/a
volume(s)
------------------------ --------------------------------------
d) Aggregated information Price: n/a
- Aggregated
volume 500,000 Options
- Price
------------------------ --------------------------------------
e) Date of the 2 December 2020
transaction
------------------------ --------------------------------------
f) Place of the London Stock Exchange
transaction
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END
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December 03, 2020 02:00 ET (07:00 GMT)
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