30 January 2025
Skillcast Group
plc
("Skillcast", the
"Group", or the
"Company")
Grant of share
options
Skillcast Group plc (AIM: SKL), the
provider of SaaS compliance software and off-the-shelf
e-learning, announces the grant of
1,360,000 share options (the "Options") over ordinary shares of 0.1
pence each ("Ordinary
Shares") to a Director and a number of employees of the
Company, under the Skillcast Group plc EMI and Non-Qualifying Share
Option Plan. The Options have an exercise price of 42.5 pence per
option, being the closing mid-market price of an Ordinary Share on
29 January 2025, the date of the grant.
Of the 1,360,000 Options granted,
360,000 Options have been granted to a director of the Company and
persons discharging managerial responsibilities ("PDMRs"), as follows:
|
Director/PDMR
|
Existing options over
Ordinary Shares held
|
Number of Options
granted
|
Total options held following
grant
|
% of current issued share
capital
|
|
Richard Steele (CFO)
|
1,060,000
|
300,000
|
1,360,000
|
1.52%
|
|
Sharon Mulligan (Chief People Officer)
|
240,000
|
60,000
|
300,000
|
0.34%
|
All 1,360,000 Options will vest
equally over four years based on continuing service.
Of the total 1,360,000 Options
granted, 651,000 Options are non-tax advantaged share options over
Ordinary Shares to employees or freelancers of the Company who are
either not resident in the UK or not eligible for EMI options. The
remaining 709,000 Options are EMI qualifying options.
Following today's grant of Options,
the Company currently has options outstanding over a total of
6,440,000 Ordinary Shares, representing 7.2% of the Company's
current issued share capital.
The FCA notifications, made in
accordance with the requirements of the UK Market Abuse Regulation
are appended further below.
For
further information, please contact:
|
Skillcast Group plc
Richard Amos, Chairman
Vivek Dodd, CEO
Richard Steele, CFO
|
+44 (0) 207 929 5000
|
|
Allenby Capital Limited (Nominated Adviser and
Broker)
James Reeve / Piers Shimwell
(Corporate Finance)
Jos Pinnington/Tony Quirke
(Corporate Broking and Sales)
|
+44 (0) 203 328 5656
|
About Skillcast Group plc
Skillcast helps companies build
ethical, inclusive, and resilient workplaces. It provides content
and technology to digitise and streamline compliance processes and
manage them from a single compliance portal. Its product range
includes a Learning management system with comprehensive
off-the-shelf compliance course libraries, a Policy hub, Staff
declarations, Anonymous surveys, CPD tracking, and compliance
registers for gifts, expenses, PA dealing,
whistleblowing.
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
|
Richard Steele
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CFO
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Skillcast Group plc
|
|
b)
|
LEI
|
213800OV1WLNFL7YRY20
|
|
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 0.1
pence each in Skillcast Group plc
Identification code (ISIN) for
Skillcast Group plc ordinary shares: GB00BNLXS042
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
42.5p exercise price
|
300,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
n/a
|
|
e)
|
Date of the transaction
|
29 January 2025
|
|
f)
|
Place of the transaction
|
Outside a trading venue - grant of
options
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Sharon Mulligan
|
|
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
|
Skillcast Group plc
|
|
b)
|
LEI
|
213800OV1WLNFL7YRY20
|
|
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 0.1
pence each in Skillcast Group plc
Identification code (ISIN) for
Skillcast Group plc ordinary shares: GB00BNLXS042
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
42.5 exercise price
|
60,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
n/a
|
|
e)
|
Date of the transaction
|
29 January 2025
|
|
f)
|
Place of the transaction
|
Outside a trading venue - grant of
options
|
