REG - EnSilica PLC - Grant of Options under Long Term Incentive Plan

EnSilicaAnnouncement

30/04/2024 07:00

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RNS Number : 4870M  EnSilica PLC  30 April 2024

30 April 2024

 

EnSilica plc

("EnSilica", the "Company" or the "Group")

 

Grant of Options under Long Term Incentive Plan

 

EnSilica plc announces that on 29 April 2024, the Company awarded 30,000 share
options under the EnSilica plc Long Term Incentive Plan 2022 to two of its
executive directors, as set out in the table below. The award is over ordinary
shares of £0.001 in the Company ("Ordinary Shares") in the form of options to
acquire Ordinary Shares at their nominal value ("LTIP Awards").

 

 Executive Director  Role                     Number of Options  Exercise price
 Mark Hodgkins       Executive Chairman       15,000             £0.001
 Ian Lankshear       Chief Executive Officer  15,000             £0.001

 

The LTIP Awards will vest on the third anniversary of grant subject to meeting
earnings per share performance criteria for the three year period ending 31
May 2026.

 

For further information, please contact:

 

 EnSilica plc                                                         Via Vigo Consulting

 Ian Lankshear, Chief Executive Officer                               +44 (0)20 7390 0233

 www.ensilica.com (http://www.ensilica.com/)

 Allenby Capital Limited, Nominated Adviser & Joint Broker             +44 (0)20 3328 5656

 Jeremy Porter / Vivek Bhardwaj (Corporate Finance)                   info@allenbycapital.com (mailto:info@allenbycapital.com)

 Joscelin Pinnington / Tony Quirke (Sales & Corporate Broking)

 Singer Capital Markets, Joint Broker

 Rick Thompson / Asha Chotai                                           +44 (0)20 7496 3000

 Vigo Consulting (Investor & Financial Public Relations)              +44 (0)20 7390 0233 ensilica@vigoconsulting.com

                                                                    (mailto:visum@vigoconsulting.com)
 Jeremy Garcia / Kendall Hill

 

The following notifications, made in accordance with the requirements of the
UK Market Abuse Regulation, gives further details.

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                                         Mark Hodgkins
 2    Reason for the notification
 (a)  Position/status                                              Executive Chairman
 (b)  Initial notification/Amendment                               Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 (a)  Name                                                         EnSilica plc
 (b)  LEI                                                          213800R6VXRU7MJTAF04
 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 instrument, type of instrument  Options over ordinary shares of £0.001 each in EnSilica plc

      Identification code

                                                                   Identification code (ISIN) for EnSilica plc ordinary shares: GB00BN7F1618
 (b)  Nature of the transaction                                    Grant of options pursuant to EnSilica plc Long Term Incentive Plan 2022

 (c)  Price(s) and volume(s)                                       Prices(s)  Volume(s)

                                                                   Nil             15,000
 (d)  Aggregated information                                       N/A

      -         Aggregated volume

      -         Price
 (e)  Date of the transaction                                      29 April 2024
 (f)  Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                                         Ian Lankshear
 2    Reason for the notification
 (a)  Position/status                                              Chief Executive Officer
 (b)  Initial notification/Amendment                               Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 (a)  Name                                                         EnSilica plc
 (b)  LEI                                                          213800R6VXRU7MJTAF04
 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 instrument, type of instrument  Options over ordinary shares of £0.001 each in EnSilica plc

      Identification code

                                                                   Identification code (ISIN) for EnSilica plc ordinary shares: GB00BN7F1618
 (b)  Nature of the transaction                                    Grant of options pursuant to EnSilica plc Long Term Incentive Plan 2022

 (c)  Price(s) and volume(s)                                       Prices(s)  Volume(s)

                                                                   Nil             15,000

 (d)  Aggregated information                                       N/A

      -         Aggregated volume

      -         Price
 (e)  Date of the transaction                                      29 April 2024
 (f)  Place of the transaction                                     Outside a trading venue

 

 

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