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RNS Number : 7987W Calnex Solutions PLC 17 July 2024
Calnex Solutions plc
("Calnex" or the "Company")
Long-Term Incentive Plan Awards
Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement
solutions for the global telecommunications sector and cloud computing
markets, is pleased to confirm that share option awards, subject to
performance metrics, have been issued to Calnex's executive and senior
management team under the Company's long-term incentive plan ("LTIP").
A total of 1,153,198 awards under the LTIP have been granted in the form of
nominal cost share options, which will vest over a three-year period
commencing 1 April 2024, subject to the satisfaction of performance metrics.
Details of those LTIP awards issued to the Company's PDMRs are listed below.
For more information, please contact:
Calnex Solutions plc Via Alma
Tommy Cook, Chief Executive Officer
Ashleigh Greenan, Chief Financial Officer
Cavendish Capital Markets Limited - NOMAD +44 (0)131 220 6939
Derrick Lee / Peter Lynch
Alma + 44(0) 20 3405 0213
Caroline Forde, Joe Pederzolli, Emma Thompson
1 Details of PDMR/person closely associated with them ("PCA")
a) Name Tommy Cook
2 Reason for the Notification
a) Position/Status Director - CEO
b) Initial notification / amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Calnex Solutions plc
b) LEI 213800GY6TURGL3HYT04
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 Ordinary shares of 0.125 pence
Identification code GB00BMBK7016
b) Nature of the transaction Grant of awards under the Company's Long-Term Incentive Plan (LTIP) with an
exercise price of 1 pence per share
c) Price(s) and volume(s) Price(s) Volume(s)
1p 230,705
d) Aggregated information
· Aggregated volume N/A
· Price
e) Date of the transaction 15(th) July 2024
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
· Aggregated volume
· Price
N/A
e)
Date of the transaction
15(th) July 2024
f)
Place of the transaction
Outside of a trading venue
1 Details of PDMR/person closely associated with them ("PCA")
a) Name Ashleigh Greenan
2 Reason for the Notification
a) Position/Status Director - CFO
b) Initial notification / amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Calnex Solutions plc
b) LEI 213800GY6TURGL3HYT04
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 Ordinary shares of 0.125 pence
Identification code GB00BMBK7016
b) Nature of the transaction Grant of awards under the Company's Long-Term Incentive Plan (LTIP) with an
exercise price of 1 pence per share
c) Price(s) and volume(s) Price(s) Volume(s)
1p 165,634
d) Aggregated information
· Aggregated volume N/A
· Price
e) Date of the transaction 15(th) July 2024
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
· Aggregated volume
· Price
N/A
e)
Date of the transaction
15(th) July 2024
f)
Place of the transaction
Outside of a trading venue
1 Details of PDMR/person closely associated with them ("PCA")
a) Name Anand Ram
2 Reason for the Notification
a) Position/Status PDMR - VP Business Development
b) Initial notification / amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Calnex Solutions plc
b) LEI 213800GY6TURGL3HYT04
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 Ordinary shares of 0.125 pence
Identification code GB00BMBK7016
b) Nature of the transaction Grant of awards under the Company's Long-Term Incentive Plan (LTIP) with an
exercise price of 1 pence per share
c) Price(s) and volume(s) Price(s) Volume(s)
1p 366,853
d) Aggregated information
· Aggregated volume N/A
· Price
e) Date of the transaction 15(th) July 2024
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
· Aggregated volume
· Price
N/A
e)
Date of the transaction
15(th) July 2024
f)
Place of the transaction
Outside of a trading venue
The information in the above notification is disclosed in accordance with
Article 19 of the EU Market Abuse Regulation.
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