Digitalbox plc
("Digitalbox" or the "Company")
Issue of Share Options
Director/PDMR Shareholding
Digitalbox plc (AIM: DBOX), the mobile-first digital media business, announces that on 6 April 2023 it granted options over up to 1,504,441 ordinary shares of £0.01 in the Company ("Ordinary Shares") to each of James Carter, Chief Executive Officer of the Company, and to Jim Douglas, Chief Operating Officer of the Company, at a strike price of 7.88p, this being the published closing price on the evening before the date of the grant ("Options"). In aggregate, therefore, the Company granted options over 3,008,882 Ordinary Shares.
The Options were issued pursuant to the Company's EMI Option Scheme. They were issued in accordance with a staff incentive plan approved by the Remuneration Committee, in accordance with the Company's constitution, and are exerciseable after three years. The plan is within the Enterprise Management Incentive rules laid down by HMRC.
James Carter has a current shareholding of 10,908,078 Ordinary Shares which represents 9.3% of the current issued share capital of the Company (117,923,393 Ordinary Shares). Following the issue of the Options James Carter holds options over up to 2,186,393 Ordinary Shares in the Company.
Jim Douglas has a current shareholding of 10,908,078 Ordinary Shares which represents 9.3% of the current issued share capital of the Company (117,923,393 Ordinary Shares). Following the issue of the Options Jim Douglas holds options over up to 2,186,393 Ordinary Shares in the Company.
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
| James Carter | |||
| 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
| Digitalbox plc | |||
| b)
| LEI
| 213800SZMUM1M5ROGI69
| |||
| 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 to acquire ordinary shares of £0.01 each | |||
| | | ||||
| Identification code | GB00BJK9H642 | ||||
| | | ||||
| b)
| Nature of the transaction
| Granting of options over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.0788 | 1,504,441 | | |
| | | | | | |
| | | | | | |
|
d)
|
Aggregated information | | |||
| | | ||||
| - Aggregated volume | 1,504,441 options over Ordinary Shares | ||||
| | | ||||
| - Price | £0.0788 per Ordinary Share | ||||
| | | ||||
| e)
| Date of the transaction
| 6 April 2023 | |||
| f)
| Place of the transaction
| Outside a trading venue
| |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Jim Douglas
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Operating Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Digitalbox plc | |||
| b)
| LEI
| 213800SZMUM1M5ROGI69
| |||
| 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 to acquire ordinary shares of £0.01 each | |||
| | | ||||
| Identification code | GB00BJK9H642 | ||||
| | | ||||
| b)
| Nature of the transaction
| Granting of options over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.0788 | 1,504,441 | | |
| | | | | | |
| | | | | | |
|
d)
|
Aggregated information | | |||
| | | ||||
| - Aggregated volume | 1,504,441 options over Ordinary Shares | ||||
| | | ||||
| - Price | £0.0788 per Ordinary Share | ||||
| | | ||||
| e)
| Date of the transaction
| 6 April 2023 | |||
| f)
| Place of the transaction
| Outside a trading venue
| |||
This announcement contains information which, prior to its disclosure, was considered inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
Enquiries:
| Digitalbox | c/o SEC Newgate |
| James Carter, CEO | |
| | |
|
Panmure Gordon (Nominated Adviser, Financial Adviser & Joint Broker ) |
Tel: 020 7886 2500 |
| James Sinclair-Ford / Ivo Macdonald (Corporate Advisory) | |
| Rupert Dearden (Corporate Broking) | |
| | |
|
Leander Capital Partners (Joint Broker) Alex Davies |
Tel: 07786150915
|
| | |
| | |
|
SEC Newgate (Financial PR) |
Tel: 07540 106 366 |
| Robin Tozer / Molly Gretton / Max Richardson | digitalbox@secnewgate.co.uk |
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