Samarkand Group plc : Grant of Options DGAP

Samarkand Group plc (SMK)
Samarkand Group plc : Grant of Options

16-Aug-2022 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


16 August 2022
 

Samarkand Group plc

("Samarkand", the "Company" or together with its subsidiaries the "Group")

 

Grant of Options

 

 

The Company granted options ("Options") over a total of 649,523 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Company's EMI option scheme and its unapproved option scheme on 1 April 2022.

 

Of these Options:

  1. 426,670 were granted to PDMRs on behalf of the Company
  2. 135,558 were granted to other senior managers of the Company
  3.  87,295 were granted to other employees of the Company

 

Of the options granted

  1. All Options granted to PDMRs and senior managers are exercisable at a price of 1p per share from 3 years following the date of award until the tenth anniversary of the award, subject to satisfying financial and non-financial performance conditions over the 3 years from the date of the award

 

  1. The remaining options were granted to employees and are exercisable from 1 year following the award until the tenth anniversary of the award.

 

Following the grant of Options, the total number of options outstanding over unissued ordinary shares is 649,253 representing 1.19% 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

133,334

 

d)

Aggregated information:

  • Aggregated volume:
  • · Price:

N/A

e)

Date of the transaction:

1 April 2022

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

133,334

 

d)

Aggregated information:

  • Aggregated volume:
  • · Price:

N/A

e)

Date of the transaction:

1 April 2022

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

53,334

 

d)

Aggregated information:

  • Aggregated volume:
  • · Price:

N/A

e)

Date of the transaction:

1 April 2022

f)

Place of the transaction:

Off market transaction

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Paul Gambrell

2.

Reason for the notification

a)

Position/status:

Chief Technology 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

53,334

 

d)

Aggregated information:

  • Aggregated volume:
  • · Price:

N/A

e)

Date of the transaction:

1 April 2022

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

53,334

 

d)

Aggregated information:

  • Aggregated volume:
  • · Price:

N/A

e)

Date of the transaction:

1 April 2022

f)

Place of the transaction:

Off market transaction

 

For more information, please contact:

 

Samarkand Group plc

Via Alma PR

David Hampstead, Chief Executive Officer

Eva Hang, Chief Financial Officer

http://samarkand.global/

 

 

VSA Capital – AQSE Corporate Adviser and Broker

+44(0)20 3005 5000

Andrew Raca (Corporate Finance)

Andrew Monk, David Scriven (Corporate Broking)

IPO@vsacapital.com

 

 

Alma PR

+44(0)20 3405 0213

Josh Royston

Lily Soares Smith

Joe Pederzolli

samarkand@almapr.co.uk

 

 

Notes to Editors 

 

Samarkand is a cross-border eCommerce technology and retail group focusing on connecting International Brands with China, the world's largest eCommerce market. The Group has developed a proprietary software platform, the Nomad platform, which is integrated across all necessary touchpoints required for eCommerce in China including eCommerce platforms, payments, logistics, social media and customs. The Nomad platform is the foundation on which the Group's Nomad technology and service solutions are built. The core products include Nomad Checkout, Nomad Storefront and Nomad Distribution. 

 

Founded in 2016, Samarkand is headquartered in London, UK with offices in Shanghai and Tokyo.

 

For further information please visit https://www.samarkand.global/  

 



ISIN: GB00BLH1QT30
Category Code: MSCM
TIDM: SMK
Sequence No.: 181392
EQS News ID: 1420733

 
End of Announcement EQS News Service

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