SafeCharge International Group Ltd Grant of Awards (3737T)
October 11 2017 - 1:03PM
UK Regulatory
TIDMSCH
RNS Number : 3737T
SafeCharge International Group Ltd
11 October 2017
SafeCharge International Group Limited
("SafeCharge" or the "Company")
Grant of Awards under the Company's Long Term Incentive Plan
2016
On 9 October 2017, 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* 282,256
--------------------- -----------------------
Tsach Einav 150,778
--------------------- -----------------------
Yuval Ziv 112,577
--------------------- -----------------------
*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 2020, 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 9 October
2017.
- Ends -
Enquiries
SafeCharge International
Group Limited
David Avgi, Chief Executive
Officer
Tsach Einav, Chief Financial
Officer
c/o FTI Consulting +44 (0) 20 3727 1725
Jean Beaubois, Head of
Investor Relations +44 (0) 7826 936619
Shore Capital
Mark Percy
Toby Gibbs +44 (0) 20 7408 4090
FTI Consulting
Matthew O'Keeffe
Rob Mindell +44 (0) 20 3727 1725
About SafeCharge
SafeCharge International Group Limited (AIM: SCH) is the payment
service partner for the world's most demanding businesses.
SafeCharge provides global omni--channel payments services from
card acquiring and issuance to payment processing and checkout, all
underpinned by advanced risk management solutions. This fully
featured proprietary payment platform connects directly to all
major payment card schemes including Visa, MasterCard, American
Express and Union Pay as well as over 150 local payment methods.
With offices around the world, SafeCharge serves a diversified,
blue chip client base and is a trusted payment partner for
customers across a range of vertical markets. The Company has been
listed on the London Stock Exchange AIM market since 2014.
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 value
instrument, type
of instrument GG00BYMK4250
Identification
code
--- ------------------------ ------------------------------------------
b) Nature of the Grant of nil cost option awards over
transaction ordinary shares of US$0.0001 value
under the SafeCharge Long Term Incentive
Plan 2016
--- ------------------------ ------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil cost 282,256
---------- ----------
--- ------------------------ ------------------------------------------
d) Aggregated information
- Aggregated 282,256
volume
Nil cost
- Price
--- ------------------------ ------------------------------------------
e) Date of the transaction 9 October 2017
--- ------------------------ ------------------------------------------
f) Place of the Guernsey
transaction
--- ------------------------ ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
--- --------------------------------------------------------------------
a) Name Tsach Einav
--- ------------------------ ------------------------------------------
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 value
instrument, type
of instrument GG00BYMK4250
Identification
code
--- ------------------------ ------------------------------------------
b) Nature of the Grant of nil cost option awards over
transaction ordinary shares of US$0.0001 value
under the SafeCharge Long Term Incentive
Plan 2016
--- ------------------------ ------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil cost 150,778
---------- ----------
--- ------------------------ ------------------------------------------
d) Aggregated information
- Aggregated 150,778
volume
Nil cost
- Price
--- ------------------------ ------------------------------------------
e) Date of the transaction 9 October 2017
--- ------------------------ ------------------------------------------
f) Place of the Guernsey
transaction
--- ------------------------ ------------------------------------------
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 value
instrument, type
of instrument GG00BYMK4250
Identification
code
--- ------------------------ ------------------------------------------
b) Nature of the Grant of nil cost option awards over
transaction ordinary shares of US$0.0001 value
under the SafeCharge Long Term Incentive
Plan 2016
--- ------------------------ ------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil cost 112,577
---------- ----------
--- ------------------------ ------------------------------------------
d) Aggregated information
- Aggregated 112,577
volume
Nil cost
- Price
--- ------------------------ ------------------------------------------
e) Date of the transaction 9 October 2017
--- ------------------------ ------------------------------------------
f) Place of the Guernsey
transaction
--- ------------------------ ------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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