Oberon Investments - Issue of Options
RNS Number : 7664W
Oberon Investments Group PLC
27 April 2021
 

Oberon Investments Group PLC

("Oberon Investments" or the "Company")

Issue of Options

Oberon Investments Group plc announces the grant on 22nd April 2021 of options over 17,175,000 Ordinary shares of 0.5p each in Oberon Investments Group plc (the 'Options') to certain of its directors, PDMRs, and other members of staff. All of these options have an exercise price of 4.0p per share, being the market value at the time the options were granted.

 

Options over 3,000,000 Ordinary shares were granted to two Directors and two PDMRs under the Company's EMI Option scheme, as set out below.

 


Status

HMRC Approved EMI Option scheme grant
 at 4.0p

No. of options held post Grant

Current shareholding in Company

John Beaumont

Director

625,000

625,000

1,769,975

Robert Hanson

Director

500,000

500,000

0

Mike Seabrook

PDMR

1,250,000

1,250,000

1,253,375

Simon Like

PDMR

625,000

14,175,000

20,365,000

Total


3,000,000

16,550,000

23,388,350

 

Of the shares under option granted to Simon Like, 13,550,000 were previously held in an EMI Option Scheme operated by Oberon Securities Ltd prior to the RTO, which will be transferred to Oberon Investments Group plc's scheme if/when HMRC approval is obtained.

 

In addition options over 10,000,000 Ordinary shares were granted to 1 director under an 'unapproved' option scheme, as set out below.

 


Status

Unapproved option scheme grant at 4.0p

No. of options held post Grant

Current shareholding in Company

Simon McGivern

Director

10,000,000

35,711,125

52,756,925

 

Of the shares under option granted to Simon McGivern, 25,711,125 were previously held in an EMI Option Scheme operated by Oberon Securities Ltd prior to the RTO, which will be transferred to Oberon Investments Group plc's scheme if/when HMRC approval is obtained.

 

Following these option grants, the Company has 56,436,125 shares under option, representing 13.8% of the current issued share capital of the Company.

 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 

 

The Directors of the Company take responsibility for this announcement.

 

Oberon Investments Group Plc

 

Simon McGivern / John Beaumont

 

 

 

 

Via Walbrook PR

 

AQSE Corporate Adviser


 

Novum Securities Limited

 


 

Richard Potts / Daphne Zhang / Lucy Bowden

020 7399 9400

 



 

Walbrook PR Ltd

 

Tom Cooper / Nick Rome

 

Tel: 020 7933 8780 or oberon@walbrookpr.com

 

 

 

 


 

Notification and public disclosure of transaction by person discharging managerial responsibilities




 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a.

Name


1)   Simon McGivern

2)   John Beaumont

3)   Robert Hanson

4)   Mike Seabrook

5)   Simon Like

2

Reason for notification

 

 

 


a.

Position/Status


1)   Group CEO

2)   Group FD

3)   NED

4)   PDMR

5)   PDMR

b.

Initial notification/

Amendment


Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a.

Name


Oberon Investments Group plc

b.

LEI


21380024SB7KJSJ69U67

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 0.5p each

ISIN Code: GB00BDZRYX75

b.

Nature of the transaction


Grant of Options

c.

Price(s) and volume(s)


Price

Volume

1)   4.0p

10,000,000

2)   4.0p

625,000

3)   4.0p

500,000

4)   4.0p

1,250,000

5)   4.0p

625,000

d.

Aggregated information

 

- Aggregated Volume

 

- Price


 

 

13,000,000

 

4.0p

 

e.

Date of the transaction


22nd April 2021

f.

Place of the transaction


Outside of a trading venue

 

 

 

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