20 February 2023
Worldsec Limited
(the "Company")
Director/PDMR Shareholding
On 20 February 2023 the following options over ordinary shares of US$0.001 in Worldsec Limited (the "Company") were granted under the Company's Employee Share Option Scheme (the "Scheme"), which was adopted by shareholders in the Company's general meeting on 26 February 1997 and amended in the Company's general meeting on 29 September 2014, to the Director and person discharging managerial responsibilities ("PDMR") as listed below.
| PDMR | No. options over ordinary shares granted under this award |
| Stephen Lister d'Anyers Willis | 350,000 |
The Options granted have an exercise price of US$0.034 per share, which was the same as the exercise price of the Options granted to PDMRs and certain staff of the Company on 29 May 2019. The Options have a vesting period of six months and a tenure of 10 years from the Date of Grant. Under the Scheme rules, the grantee is not required to pay for the grant of the Options.
Details of the full notifications received by the Company are set out below.
| 1) | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Stephen Lister d'Anyers Willis |
| 2 | Reason for Notification | |
| a) | Position/status | Director/PDMR |
| b) | Initial notification/Amendment | Initial Announcement |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Worldsec Limited |
| b) | LEI | 213800RSLE74B1NP4X17 |
| 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 Identification code | Ordinary shares of US$0.001 in Worldsec Limited
BMG9774L1019 |
| b) | Nature of the transaction | Grant of options under the Company's Employee Share Option Scheme |
| c) | Price(s) and volume(s) | 350,000 at US$0.034 per share
|
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transactions |
| e) | Date of the transaction | 20 February 2023 |
| f) | Place of the transaction | Outside a trading venue |
For enquiries please contact Mr. Henry Cheong at enquiry@worldsec.com
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