Altitude Group plc
("Altitude", "Group" or the "Company")
Director/PDMR Dealings, Exercise and Grant of Options
Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that it was notified on 16 June 2022 that Nichole Stella, Chief Executive Officer and a PDMR, has exercised 166,666 options over ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") at nil cost (the "Option Exercise").
The Group further announces that Graham Feltham, Chief Financial Officer and a PDMR, has been granted nil cost options over 444,444 Ordinary Shares (the "Options") following the first 6 months of his employment by Altitude, as part of his agreed remuneration package. The Options will vest on 28 March 2025, being 3 years after the 6 month anniversary of Graham's appointment, conditional on Graham remaining employed by the Group at that time.
Admission and Total Voting Rights
Application has been made for the 166,666 new Ordinary Shares pursuant to the Option Exercise to be admitted to trading on AIM and dealings are expected to commence on 22 June 2022 ("Admission").
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, the Company's issued share capital will consist of 70,847,830 Ordinary Shares.
Accordingly, the figure of 70,847,830 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Following Admission, Nichole Stella will be interested in 989,607 Ordinary Shares representing approximately 1.40% of the Company's post Admission issued share capital.
For enquiries, please contact:
| Altitude Group plc Nichole Stella, Chief Executive Officer Graham Feltham, Chief Financial Officer
| Via Zeus Capital |
| Zeus (Nominated Adviser & Broker) Dan Bate / David Foreman / James Edis (Investment Banking) Dominic King (Corporate Broking) | Tel: 0203 829 5000 |
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: | Nichole Stella | |||
| 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 participation, auction platform, auctioneer or auction monitor | ||||
| a) | Name: | Altitude Group plc | |||
| b) | LEI: |
| |||
| 4. | Details of 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:
Identification code: | Ordinary shares of 0.4p
GB00B0LSFV82 | |||
| b) | Nature of the transaction:
| Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s): | Price(s) | Volume(s) | ||
| Nil | 166,666 | ||||
| d) | Aggregated volume: Price: | See above | |||
| e) | Date of the Transaction: | 16 June 2022 | |||
| f) | Place of the Transaction: | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name: | Graham Feltham | |||
| 2 | Reason for the notification | ||||
| a) | Position/Status:
| Chief Financial Officer | |||
| b) | Initial Notification/Amendment:
| Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||||
| a) | Name: | Altitude Group plc | |||
| b) | LEI: |
| |||
| 4. | Details of 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:
Identification code: | Ordinary shares of 0.4p
GB00B0LSFV82 | |||
| b) | Nature of the transaction:
| Grant of nil-cost share options | |||
| c) | Price(s) and volume(s): | Price(s) | Volume(s) | ||
| Nil | 444,444 | ||||
| d) | Aggregated volume: Price: | See above | |||
| e) | Date of the Transaction: | 16 June 2022 | |||
| f) | Place of the Transaction: | Outside a trading venue | |||
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