5th Jul 2017 17:04
5 July 2017
Veltyco Group PLC
("Veltyco" or "the Company")
Grant of Options
Veltyco Group plc (AIM: VLTY), the online marketing company for the gaming industry, announces that on 5 July 2017 options over 300,000 ordinary shares of zero par value (Ordinary Shares") were granted under the Company's Long Term Incentive Plan May 2016 (as amended) to each of David Mathewson, Marcel Noordeloos, Hans Dahlgren and Mark Rosman with an exercise price of 65p per share, being the closing bid price of the Ordinary Shares the day before the grant. The 1,200,000 options vest in equal instalments over 4 years following the expiry of one year from the date of grant. Any unexercised options lapse on the fifth anniversary of the date of grant.
This announcement contains inside information.
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1 | Details of the persons discharging managerial responsibilities | ||||||||
a) | Name | 1. David Mathewson 2. Mark Rosman 3. Marcel Noordeloos 4. Hans Dahlgren
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2 | Reason for the notification | ||||||||
a) | Position/status | 1. Chairman 2. Director 3. CFO 4. CTO | |||||||
b) | Initial notification /Amendment | Initial notification | |||||||
3 | Details of the issuer | ||||||||
a) | Name | Veltyco Group plc | |||||||
b) | LEI | 2138007KWLZHV5I1A979
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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
| Options over Ordinary Shares of no par value | |||||||
Identificationcode | ISIN for Ordinary Shares: IM00BYT32K14
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b) | Nature of the transaction | Grant of options | |||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price
| - Options over 1,200,000 shares - 65p per share (exercise price) | |||||||
e) | Date of the transaction | 5 July 2017 | |||||||
f) | Place of the transaction | Outside a trading venue. Shares issued on exercise of options to be admitted to trading on AIM, London Stock Exchange
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For further information please contact:
Veltyco | +44 (0)16 2460 5764 |
David Mathewson, Chairman Marcel Noordeloos, CFO | |
Northland Capital Partners Limited | +44 (0)20 3861 6625 |
Tom Price Edward Hutton Margarita Mitropoulou | |
IFC Advisory (Financial PR) | +44 (0)203 053 8671 |
Graham HerringTim MetcalfeMiles Nolan |
About Veltyco
Veltyco is a group of companies primarily focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.
Website: www.veltyco.com
Related Shares:
B90 Holdings