14
August 2024
Samarkand Group plc
("Samarkand", the "Company"
or together with its subsidiaries the "Group")
Share Option
Grant
Samarkand Group plc (AQSE:SMK), the
consumer brand owner and cross border eCommerce distribution
services group, announces that on the 13
August 2024, the Company granted a total of 3,172,089 options to
certain Executive Directors and PDMRs with respect to ordinary
shares of 1 pence each in the capital of the Company under the
existing Bonus Scheme set out in the annual report for the year
ending 31 March 2023.
The Bonus Scheme was based on the
achievement of pre-set Group Financial and Non-Financial
Performance Targets for the year ending 31 March 2023.To align the
executives' interests with those of shareholders, and manage cash
costs, 100% of the bonus payable is deferred into Company Share
Awards in the form of nil cost options. The number of options to be
granted has been determined by the share price of the last equity
transaction by the Company, which was 55 pence per share at the
open offer in September 2022. It was agreed that 50% of the bonus
award was to be granted after the approval of the 31 March 2023
accounts and will vest one year from the date of grant, the
remaining 50% to be granted a year from the first grant
date.
As the Company has been in a close
period since the signing of the Accounts last year, due to the
Acquisition of Optimised Energetics Ltd and the disposal of Probio
7, the first tranche of the award was not granted after last year's
signing of the accounts. The Company have therefore granted both
tranches of the bonus options.
Following the grant of options, the
number of options outstanding over unissued ordinary shares is
4,059,655 representing 7.0 % of the Company's Issued Share
Capital.
The notification below, made in
accordance with the requirements of the EU Market Abuse Regulation,
provides further detail.
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:
|
David Hampstead
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Chief Executive 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:
|
Samarkand Group plc
|
|
b)
|
LEI:
|
213800IYL86FVL5UJB61
|
|
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:
|
Options over Ordinary shares of 1
pence each
ISIN Code: GB00BLH1QT30
|
|
b)
|
Nature of the transaction:
|
Grant of Options
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
1 pence
|
687,273
|
|
|
d)
|
Aggregated information:
· Aggregated volume:
· · Price:
|
N/A
|
|
e)
|
Date of the transaction:
|
13 August 2024
|
|
f)
|
Place of the transaction:
|
Off market transaction
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Simon Smiley
|
|
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:
|
Samarkand Group plc
|
|
b)
|
LEI:
|
213800IYL86FVL5UJB61
|
|
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:
|
Options over Ordinary shares of 1
pence each
ISIN Code: GB00BLH1QT30
|
|
b)
|
Nature of the transaction:
|
Grant of Options
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
1 pence
|
687,273
|
|
|
d)
|
Aggregated information:
· Aggregated volume:
· · Price:
|
N/A
|
|
e)
|
Date of the transaction:
|
13 August 2024
|
|
f)
|
Place of the transaction:
|
Off market transaction
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Gregory Philip Smiley
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Executive 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:
|
Samarkand Group plc
|
|
b)
|
LEI:
|
213800IYL86FVL5UJB61
|
|
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:
|
Options over Ordinary shares of 1
pence each
ISIN Code: GB00BLH1QT30
|
|
b)
|
Nature of the transaction:
|
Grant of Options
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
1 pence
|
687,273
|
|
|
d)
|
Aggregated information:
· Aggregated volume:
· · Price:
|
N/A
|
|
e)
|
Date of the transaction:
|
13 August 2024
|
|
f)
|
Place of the transaction:
|
Off market transaction
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Eva Hang
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Chief Financial 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:
|
Samarkand Group plc
|
|
b)
|
LEI:
|
213800IYL86FVL5UJB61
|
|
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:
|
Options over Ordinary shares of 1
pence each
ISIN Code: GB00BLH1QT30
|
|
b)
|
Nature of the transaction:
|
Grant of Options
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
1 pence
|
300,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume:
· · Price:
|
N/A
|
|
e)
|
Date of the transaction:
|
13 August 2024
|
|
f)
|
Place of the transaction:
|
Off market transaction
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Samuel Deacon
|
|
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:
|
Samarkand Group plc
|
|
b)
|
LEI:
|
213800IYL86FVL5UJB61
|
|
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:
|
Options over Ordinary shares of 1
pence each
ISIN Code: GB00BLH1QT30
|
|
b)
|
Nature of the transaction:
|
Grant of Options
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
1 pence
|
300,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume:
· · Price:
|
N/A
|
|
e)
|
Date of the transaction:
|
13 August 2024
|
|
f)
|
Place of the transaction:
|
Off market transaction
|
For
more information, please contact:
|
Samarkand Group plc
|
Via Guild:
|
|
David Hampstead, Chief Executive
Officer
Eva Hang, Chief Financial
Officer
|
http://samarkand.global/
|
|
|
|
|
Guild Financial Advisory Limited
|
|
|
Ross Andrews
|
T: +44 (0)7973 839767
|
|
|
E:
ross.andrews@guildfin.co.uk
|
|
|
|
|
Tomas
Klaassen
|
T: +44 (0)7834 458 095
|
|
|
E:
tomas.klaassen@guildfin.co.uk
|
Notes to Editors
Samarkand is a consumer brand owner
and distributor operating a scale up platform for niche, premium,
multichannel, health and healing brands. Core owned brands include
Napiers the Herbalists, Scotland's oldest natural herbal
apothecary, Zita West, a leading specialist supplement line for
fertility and reproductive health and Probio7, a long-established
probiotic supplements brand. Platform services include marketing,
sales and channel development with a focus on social commerce,
China market entry, international expansion and
manufacturing. In addition, the Group works as the exclusive
China market partner for a select portfolio of niche luxury skin
care brands and connects these brands to the Chinese consumer via
cross border eCommerce.
Founded in 2016, Samarkand is
headquartered in Tonbridge, UK with offices in Shanghai.
For further information please
visit https://www.samarkand.global/
