For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240829:nRSc0604Ca&default-theme=true
RNS Number : 0604C Mind Gym PLC 29 August 2024
29 August 2024
Mind Gym plc
("MindGym" or the "Company")
Grant of awards under the Long Term Incentive Plan
MindGym (AIM: MIND), the global provider of human capital and business
improvement solutions, announces the following awards made on 28 August 2024
under the Company's Long Term Incentive Plan ("LTIP"):
· Christoffer Ellehuus, Chief Executive Officer and a Director of
the Company, was awarded 1,754,385 nil-cost options over ordinary shares of
0.1 pence each in the Company under the LTIP; and
· Emily Fyffe, Chief Financial Officer designate was awarded
345,398 nil-cost options over ordinary shares of 0.1 pence each in the Company
under the LTIP.
In accordance with the LTIP rules, such awards have a vesting period of three
years and are exercisable up to the tenth anniversary of the award date or
earlier if the Board decides otherwise. Vesting is subject to performance
conditions, which have been set based on revenue (35% of the award) earnings
before interest, tax, depreciation and amortisation ("EBITDA") margin (15% of
the award) and tenure (50% of the award).
Enquiries
Mind Gym plc +44 (0) 20 7376 0626
Dominic Neary (CFO)
investors@themindgym.com (mailto:investors@themindgym.com)
Panmure Liberum (Nominated Adviser and Broker) +44 (0) 20 3100 2000
Nick How
Anake Singh
MHP +44 (0) 78 8544 7944
Reg Hoare
Katie Hunt
Veronica Farah
mindgym@mhpgroup.com (mailto:mindgym@mhpgroup.com)
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 Christoffer Ellehuus
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Is this an initial notification or an amendment to a prior notification? Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mind Gym plc
b) LEI 213800ER1PA5QSNKIL80
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 0.1 pence each
Identification code
ISIN: GB00BF3SQB83
b) Nature of the transaction Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 1,754,385
d) Aggregated information (if any)
- Aggregated volume N/A - single transaction
- Price
e) Date of transaction 28 August 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
28 August 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Emily Fyffe
2 Reason for the notification
a) Position/status Chief Financial Officer designate
b) Is this an initial notification or an amendment to a prior notification? Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mind Gym plc
b) LEI 213800ER1PA5QSNKIL80
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 0.1 pence each
Identification code
ISIN: GB00BF3SQB83
b) Nature of the transaction Grant of nil-cost options under the Long-Term Incentive Plan (LTIP)
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 345,398
d) Aggregated information (if any)
- Aggregated volume N/A - single transaction
- Price
e) Date of transaction 28 August 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A - single transaction
e)
Date of transaction
28 August 2024
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHQKFBPABKDCFB