Nightcap PLC Grant of share options (8944E)
March 16 2022 - 3:00AM
UK Regulatory
TIDMNGHT
RNS Number : 8944E
Nightcap PLC
16 March 2022
16 March 2022
Nightcap plc
("Nightcap" or the "Company" or the "Group")
Grant of share options
Nightcap (AIM: NGHT), the owner of The Cocktail Club, the
Adventure Bar Group and the Barrio Familia group of bars, announces
that it has today granted a total of 3,864,407 share options to a
number of the Group's employees (the "Options"). These Options have
been granted pursuant to Nightcap's Share Option Plan, under the
Company Share Option Plan ("CSOP") and also as unapproved options,
with all Options having been granted on the same terms.
677,966 Options have been granted to Dawn Donohoe, who has
broadened her Managing Director role by assuming overall
responsibility for management of The Cocktail Club and Barrio
Familia brands. 542,373 Options have been granted to Jim Robertson,
Managing Director of Barrio Familia Group. Dawn Donohoe and Jim
Robertson are both persons discharging managerial responsibilities
("PDMRs"). The other 2,644,068 Options have been granted to Group
employees.
All of the Options have been granted with an exercise price of
14.75 pence, representing the closing mid-market share price on 15
March 2022. The Options will become exercisable from the third
anniversary of the grants until the tenth anniversary of the date
of the grants, but will only be exercisable when and if the Company
was profitable in the prior accounting year (for these purposes,
"profitable" means taking the Company's reported consolidated
profit before tax for the relevant prior accounting year and adding
back interest, depreciation and amortisation, exceptional items and
non-recurring costs).
Following today's Option grants, Nightcap's entire option pool
is now equivalent to 12.77% of the Company's issued ordinary share
capital.
The FCA notification, made in accordance with the requirements
of the UK Market Abuse Regulation is appended further below.
For further enquiries:
Nightcap plc
Sarah Willingham / Toby Rolph / Gareth email@nightcapplc.com
Edwards
Allenby Capital Limited (Nominated
Adviser and Broker)
Nick Naylor / Alex Brearley / Piers +44 (0) 20 3328 5656
Shimwell (Corporate Finance) www.allenbycapital.com
Matt Butlin / Amrit Nahal / Tony
Quirke (Sales and Corporate Broking)
Bright Star Digital (PR) https://www.brightstardigital.co.uk/
Pam Lyddon +44 (0) 7534 500 829
pamlyddon@brightstardigital.co.uk
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 Dawn Donohoe
-------------------------------- ---------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Managing Director, The Cocktail
Club
-------------------------------- ---------------------------------
b) Initial notification/Amendment Initial Notification
-------------------------------- ---------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Nightcap plc
-------------------------------- ---------------------------------
b) LEI 213800MVK2M2T12TZA46
-------------------------------- ---------------------------------
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 Grant of options over ordinary
of the Financial shares of 1p each
instrument,
type of instrument
Identification ISIN: GB00BLKGVD49
code
-------------------------------- ---------------------------------
b) Nature of the Grant of options
transaction
-------------------------------- ---------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Exercise price 677,966
of 14.75 pence options
per share
----------
-------------------------------- ---------------------------------
d) Aggregated information: n/a
* Aggregated volume
* Price
-------------------------------- ---------------------------------
e) Date of the 16 March 2022
transaction
-------------------------------- ---------------------------------
f) Place of the Outside a trading venue
transaction
-------------------------------- ---------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jim Robertson
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Managing Director, Barrio Familia
Group
------------------------------- ----------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------- ----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Nightcap plc
------------------------------- ----------------------------------
b) LEI 213800MVK2M2T12TZA46
------------------------------- ----------------------------------
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 Grant of options over ordinary
of the Financial shares of 1p each
instrument,
type of instrument
Identification ISIN: GB00BLKGVD49
code
------------------------------- ----------------------------------
b) Nature of the Grant of options
transaction
------------------------------- ----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Exercise price 542,373
of 14.75 pence options
per share
----------
------------------------------- ----------------------------------
d) Aggregated information: n/a
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the 16 March 2022
transaction
------------------------------- ----------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------- ----------------------------------
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END
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