13th Jul 2021 10:50
RNS Number : 0693F
Gattaca PLC
13 July 2021
13 July 2021
Gattaca plc ("Gattaca" or "the Company")
Director / PDMR Shareholding
Gattaca plc (the Company), the specialist Engineering and Technology staffing solutions business, announces that the Company has established an employee benefit trust (the "EBT"), which will be managed externally by an independent trustee. The EBT is expected to acquire, through on-market purchases, the Company's existing ordinary shares of £0.01 each in order to satisfy potential future option exercises.
It is the intention of the Board that the EBT will conduct annual market purchases, initially of approximately 80,000 shares in aggregate, in equal monthly instalments. Market purchases will be assessed thereafter on an annual basis, depending on the vesting schedule of existing unexercised options and anticipated new option grants.
For further information please contact:
| | Gattaca plc | +44 (0) 1489 898989 | Kevin Freeguard, Chief Executive Officer Salar Farzad, Chief Financial Officer | | Liberum Capital Limited (Nomad and Broker) | +44 (0) 20 3100 2000 | Lauren Kettle Robert Morton Euan Brown | | Citigate Dewe Rogerson | +44 (0) 20 7638 9571 | Toby Mountford Jos Bieneman Elizabeth Kittle | |
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