RNS Number : 5718D
Guild Esports PLC
22 June 2023
 

Press release

22 June 2023

Guild Esports PLC

 

("Guild Esports", "Guild", or "the Company")

 

Grant of Warrants

Guild Esports PLC (LSE: GILD; OTCQB: GULDF), a global teams organisation and lifestyle brand, announces that it has granted a total of 50,000,000 warrants to subscribe for new ordinary shares of £0.001 each ("Warrants") to the Company's directors, executive management and senior leadership team to incentivise and reward management and team performance.

The Company has granted 40,000,000 warrants to directors and executive management as follows:

 

Option holder

 

Number of

Warrants granted

price (p)

Derek Lew

7,500,000

£0.0067




Jasmine Skee

20,000,000

£0.0067




Jocelin Caldwell

5,000,000

£0.0067




Brian Stockbridge

7,500,000

£0.0067

 

In relation to CEO Jasmine Skee's grant of warrants for five years, one third of the warrants will vest on the first anniversary of engagement, one third on the second anniversary of engagement and the remaining one third on the third anniversary of engagement, subject to Jasmine Skee being engaged by the Company on such vesting dates.

 

In order to avoid the grant of warrants being considered to impair the independence of the Company's non-executive directors, the warrants granted to the Company's non-executive directors are not subject to any vesting conditions.

 

The Company has granted the remainder of the warrants totalling 10,000,000 in aggregate to senior management and staff. These warrants are subject to minimum engagement conditions, following which they vest in full.

 

 

The following information relating to the transaction by a Director has been filed with the Financial Conduct Authority in accordance with Article 19(1) of UK MAR.

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

Derek Lew
Jasmine Skee
Jocelin Caldwell
Brian Stockbridge

2

Reason for the notification

a)

Position/status

Directors

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Guild Esports PLC

b)

LEI

213800IE96YMHXDJ7H92

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

Warrants to subscribe for Ordinary Shares of £0.001 each

 

 ISIN: GB00BMWVF760

b)

Nature of the transaction

Grant of warrants to subscribe for Ordinary Shares

c)

Price(s) and volume(s)

Name

 Price

No. of warrants

Derek Lew

£0.0067

7,500,000

Jasmine Skee

£0.0067

20,000,000

Jocelin Caldwell

£0.0067

5,000,000

Brian Stockbridge

£0.0067

7,500,000

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

20 June 2023

f)

Place of the transaction

Outside a trading venue

 

For further information please contact:

 

Guild Esports

 

Jasmine Skee

Chief Executive

Neil Thapar

Investor Relations

via Tancredi +44 207 887 7633

+44 7876 455 323

Tennyson Securities

 

Corporate Broker

Peter Krens

+44 207 186 9030

Tancredi Intelligent Communication Media Relations


Helen Humphrey

Charlie Hobbs

Jasmine Gadhavi

guild@tancredigroup.com

+44 7449 226 720

+44 7897 557 112

+44 7931 435 236

 

 

About Guild Esports:

Guild Esports PLC is a global fan-focused team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of entertainment sector and esports veterans and co-owned by David Beckham. The Company is headquartered in the UK and its shares are listed on the Main Market of the London Stock Exchange (ticker: GILD) and on the OTCQB Venture Market in the United States (ticker: GULDF). Please visit www.guildesports.com for more information.

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