TIDMGROW

RNS Number : 8838X

Draper Esprit PLC

29 November 2017

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")

Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that options (the "Options") over a total of 644,318 ordinary shares with a nominal value of 1 pence each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company Share Option Plan ("CSOP"), as set out below. The Options have an exercise price of 387p and a vesting period of 3 years.

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

 
 PDMR              Options awarded   Total Options   Ordinary Shares 
----------------  ----------------  --------------  ---------------- 
 Simon Cook        234,835           469,670         2,119,306 
----------------  ----------------  --------------  ---------------- 
 Stuart Chapman    234,835           469,670         2,119,306 
----------------  ----------------  --------------  ---------------- 
 Ben Wilkinson     174,648           349,296         2,479 
----------------  ----------------  --------------  ---------------- 
 

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.

ANNEX

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                              Simon Cook 
---  --------------------------------  ------------------------------ 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position / status                 CEO 
---  --------------------------------  ------------------------------ 
 b)   Initial notification              Initial notification 
       / amendment 
---  --------------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
---  ---------------------------------------------------------------- 
 a)   Name                              Draper Esprit PLC 
---  --------------------------------  ------------------------------ 
 b)   LEI                               213800IPCR3SAYJWSW10 
---  --------------------------------  ------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; (iv) each place 
       where transactions have been conducted 
---  ---------------------------------------------------------------- 
 a)   Description of financial          Options in respect of the 
       instrument,                       CSOP over ordinary shares 
       type of instrument                of 1p each 
---  --------------------------------  ------------------------------ 
      Identification Code               GB00BY7QYJ50 
---  --------------------------------  ------------------------------ 
 b)   Nature of the transaction         Issue of options 
---  --------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)            234,835 options with an 
                                         exercise price of 387 pence 
---  --------------------------------  ------------------------------ 
 d)        Aggregated information 
             *    Aggregated volume                  n/a 
 
 
             *    Price 
---  --------------------------------  ------------------------------ 
 e)   Date of the transaction           28 November 2017 
---  --------------------------------  ------------------------------ 
 f)   Place of the transaction          London 
---  --------------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                              Stuart Chapman 
---  --------------------------------  ------------------------------ 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position / status                 COO 
---  --------------------------------  ------------------------------ 
 b)   Initial notification              Initial notification 
       / amendment 
---  --------------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
---  ---------------------------------------------------------------- 
 a)   Name                              Draper Esprit PLC 
---  --------------------------------  ------------------------------ 
 b)   LEI                               213800IPCR3SAYJWSW10 
---  --------------------------------  ------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; (iv) each place 
       where transactions have been conducted 
---  ---------------------------------------------------------------- 
 a)   Description of financial          Options in respect of the 
       instrument,                       CSOP over ordinary shares 
       type of instrument                of 1p each 
---  --------------------------------  ------------------------------ 
      Identification Code               GB00BY7QYJ50 
---  --------------------------------  ------------------------------ 
 b)   Nature of the transaction         Issue of options 
---  --------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)            234,835 options with an 
                                         exercise price of 387 pence 
---  --------------------------------  ------------------------------ 
 d)        Aggregated information 
             *    Aggregated volume                  n/a 
 
 
             *    Price 
---  --------------------------------  ------------------------------ 
 e)   Date of the transaction           28 November 2017 
---  --------------------------------  ------------------------------ 
 f)   Place of the transaction          London 
---  --------------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                              Ben Wilkinson 
---  --------------------------------  ------------------------------ 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position / status                 CFO 
---  --------------------------------  ------------------------------ 
 b)   Initial notification              Initial notification 
       / amendment 
---  --------------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
---  ---------------------------------------------------------------- 
 a)   Name                              Draper Esprit PLC 
---  --------------------------------  ------------------------------ 
 b)   LEI                               213800IPCR3SAYJWSW10 
---  --------------------------------  ------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; (iv) each place 
       where transactions have been conducted 
---  ---------------------------------------------------------------- 
 a)   Description of financial          Options in respect of the 
       instrument,                       CSOP over ordinary shares 
       type of instrument                of 1p each 
---  --------------------------------  ------------------------------ 
      Identification Code               GB00BY7QYJ50 
---  --------------------------------  ------------------------------ 
 b)   Nature of the transaction         Issue of options 
---  --------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)            174,648 options with an 
                                         exercise price of 387 pence 
---  --------------------------------  ------------------------------ 
 d)        Aggregated information 
             *    Aggregated volume                  n/a 
 
 
             *    Price 
---  --------------------------------  ------------------------------ 
 e)   Date of the transaction           28 November 2017 
---  --------------------------------  ------------------------------ 
 f)   Place of the transaction          London 
---  --------------------------------  ------------------------------ 
 

For further information, please contact:

 
Draper Esprit plc 
 Simon Cook (Chief Executive Officer) 
 Ben Wilkinson (Chief Financial Officer)   +44 (0)20 7931 8800 
Numis Securities 
 Nominated Adviser & Joint Broker 
 Alex Ham 
 Richard Thomas 
 Jamie Loughborough 
 Harry Trueman                             +44 (0)20 7260 1000 
Goodbody Stockbrokers 
 ESM Adviser & Joint Broker 
 Don Harrington 
 Linda Hickey 
 Charlotte Craigie 
 Richard Tunney                             +353 1 667 0420 
Belvedere Communications (PR) 
 John West 
 Kim van Beeck                             +44 (0)20 3567 0510 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 29, 2017 09:31 ET (14:31 GMT)

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