SafeCharge International Group Ltd Grant of Awards (5479O)
November 08 2016 - 2:01AM
UK Regulatory
TIDMSCH
RNS Number : 5479O
SafeCharge International Group Ltd
08 November 2016
8 November 2016
SafeCharge International Group Limited (the "Company")
Grant of Awards under the Company's Long Term Incentive Plan
2016
On 2 November 2016 the Company's executive directors were
granted nil cost option awards over ordinary shares of US$0.0001
value under the SafeCharge Long Term Incentive Plan 2016 (the
"Plan") as noted below:
Executive Directors Number of Shares under
Award
--------------------- -----------------------
David Avgi* 296,128
--------------------- -----------------------
Tim Mickley 136,674
--------------------- -----------------------
Yuval Ziv 123,007
--------------------- -----------------------
*The award has been granted to Foxberry Limited, Foxberry
Limited is ultimately owned by a trust, the beneficiary of which is
David Avgi
Subject to the terms of the Plan, the awards granted will
ordinarily vest and become exercisable from 1 March 2019, subject
to the grantee's continued service and to the extent to which
Adjusted EBITDA performance criteria are met over a measurement
period comprising three financial years of the Company commencing
with the current financial year.
Once exercisable, an award shall ordinarily remain exercisable
as to its vested shares until the eve of the tenth anniversary of
the grant date of the awards.
No consideration was paid for the grant of the awards and no
consideration is due on the vesting and/or exercise of the
awards.
The Company was notified of the above transactions on 2 November
2016.
Enquiries:
SafeCharge International
Group Limited
Tim Mickley
David Avgi
c/o Bell Pottinger +44 (0) 20 3772 2500
Shore Capital
Dru Danford
Mark Percy
Toby Gibbs +44 (0) 20 7408 4090
Bell Pottinger
David Rydell
Olly Scott
James Newman
Anna Legge +44 (0) 20 3772 2500
About SafeCharge
SafeCharge International Group Limited is a global provider of
payments services, technologies and risk management solutions for
online and mobile businesses. The SafeCharge group has a
diversified, blue chip client base and is a trusted payment partner
for customers from various e-commerce verticals. SafeCharge has
been Payment Card Industry Data Security Standard ("PCI-DSS") Level
1 certified since 2007 and is listed on the London Stock Exchange
AIM market (LSE: SCH). The Company's wholly owned subsidiary,
SafeCharge Limited, is an authorized Electronic Money Institution
regulated by the Central Bank of Cyprus and a principal member of
MasterCard Europe and VISA Europe. The SafeCharge group has
operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria
and Ireland.
http://www.safecharge.com/
This information set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name David Avgi
The award has been granted
to Foxberry Limited, Foxberry
Limited is ultimately owned
by a trust, the beneficiary
of which is David Avgi
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name SafeCharge International
Group Limited
--- ------------------------- -------------------------------
b) LEI N/A
--- ------------------------- -------------------------------
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 Ordinary shares of US$0.0001
instrument, type value
of instrument
GG00BYMK4250
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of nil cost option
transaction awards over ordinary shares
of US$0.0001 value under
the SafeCharge Long Term
Incentive Plan 2016
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil cost 296,128
---------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 296,128
- Price Nil cost
--- ------------------------- -------------------------------
e) Date of the transaction 2 November 2016
--- ------------------------- -------------------------------
f) Place of the transaction Guernsey
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Tim Mickley
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name SafeCharge International
Group Limited
--- ------------------------- -------------------------------
b) LEI N/A
--- ------------------------- -------------------------------
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 Ordinary shares of US$0.0001
instrument, type value
of instrument
GG00BYMK4250
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of nil cost option
transaction awards over ordinary shares
of US$0.0001 value under
the SafeCharge Long Term
Incentive Plan 2016
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil cost 136,674
---------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 136,674
- Price Nil cost
--- ------------------------- -------------------------------
e) Date of the transaction 2 November 2016
--- ------------------------- -------------------------------
f) Place of the transaction Guernsey
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Yuval Ziv
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Operating Officer
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name SafeCharge International
Group Limited
--- ------------------------- -------------------------------
b) LEI N/A
--- ------------------------- -------------------------------
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 Ordinary shares of US$0.0001
instrument, type value
of instrument
GG00BYMK4250
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of nil cost option
transaction awards over ordinary shares
of US$0.0001 value under
the SafeCharge Long Term
Incentive Plan 2016
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil cost 123,007
---------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 123,007
- Price Nil cost
--- ------------------------- -------------------------------
e) Date of the transaction 2 November 2016
--- ------------------------- -------------------------------
f) Place of the transaction Guernsey
--- ------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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