26th Jun 2025 14:00
26 June 2025
Bytes Technology Group plc ("the Company")
Grant of options under Sharesave Scheme
On 25 June 2025, the Company granted options over a total of 489,323 ordinary shares of £0.01 each ("the Options") under the Bytes Technology Group Sharesave Scheme ("the Scheme"). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of £4.18 per ordinary share from 1 August 2028 in accordance with the rules of the Scheme.
Sharesave Scheme | Exercise price | Exercise date |
2021 Scheme | £4.00 | 1 August 2024 |
2022 Scheme | £3.72 | 1 August 2025 |
2023 Scheme | £3.92 | 1 August 2026 |
2024 Scheme | £4.57 | 1 August 2027 |
2025 Scheme | £4.18 | 1 August 2028 |
Jack Watson, Clare Metcalfe and Paul Emms, Persons Discharging Managerial Responsibilities, were each granted 4,389 Options under the 2025 Scheme, with an exercise period of 1 August 2028 - 31 January 2029.
The notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Jack Watson | ||||
2. | Reason for the notification | |||||
a) | Position / status | Managing Director: Bytes Software Services Limited | ||||
b) | Initial notification / amendment | Initial Notification | ||||
3. | Details of the issuer or emission allowance market participant | |||||
a) | Name | Bytes Technology Group plc | ||||
b) | LEI | 213800LA4DZLFBAC9O33 | ||||
4. | Details of the transaction(s) | |||||
a) | Description of the financial instrument Identification code | Ordinary shares of 1 pence GB00BMH18Q19 | ||||
b) | Nature of the transaction | Grant of share options under the Bytes Technology Group Sharesave Scheme | ||||
c) | Price(s) and volume(s) | Price:
| Volume:
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 25 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Clare Metcalfe | ||||
2. | Reason for the notification | |||||
a) | Position / status | Managing Director: Phoenix Software Limited | ||||
b) | Initial notification / amendment | Initial Notification | ||||
3. | Details of the issuer or emission allowance market participant | |||||
a) | Name | Bytes Technology Group plc | ||||
b) | LEI | 213800LA4DZLFBAC9O33 | ||||
4. | Details of the transaction(s) | |||||
a) | Description of the financial instrument Identification code | Ordinary shares of 1 pence GB00BMH18Q19 | ||||
b) | Nature of the transaction | Grant of share options under the Bytes Technology Group Sharesave Scheme | ||||
c) | Price(s) and volume(s) | Price:
| Volume:
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 25 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Paul Emms | ||||
2. | Reason for the notification | |||||
a) | Position / status | Director of Group Finance | ||||
b) | Initial notification / amendment | Initial Notification | ||||
3. | Details of the issuer or emission allowance market participant | |||||
a) | Name | Bytes Technology Group plc | ||||
b) | LEI | 213800LA4DZLFBAC9O33 | ||||
4. | Details of the transaction(s) | |||||
a) | Description of the financial instrument Identification code | Ordinary shares of 1 pence GB00BMH18Q19 | ||||
b) | Nature of the transaction | Grant of share options under the Bytes Technology Group Sharesave Scheme | ||||
c) | Price(s) and volume(s) | Price:
| Volume:
| |||
d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 25 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries
WK Groenewald Group Company Secretary Bytes Technology Group plc | Tel: +44 (0)1372 418 992
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The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.
Related Shares:
Bytes Tech