8th May 2025
Getech Group plc
("Getech" or the "Company")
Grant of Share Options
Getech (AIM: GTC), a world-leading locator of subsurface resources, makes the following announcement concerning a Grant of Options.
Grant of Options
On 6 May 2025, Getech granted share options in respect of a total of 9,200,000 ordinary shares in the Company to the executive team, senior leadership team and all staff under the approved share option scheme (the "Options").
The Options include the following awards to directors and PDMRs:
| Name | Position | Number of Options |
| Chris Jepps | Chief Executive Officer | 1,700,000 |
| Simon Brown | Finance Director | 900,000 |
| Max Brouwers | Chief Business Development Officer | 900,000 |
The Options all have the following terms:
· The Option exercise price of 0.25p, the nominal value of the shares
· The Option term is 3 years
· 35% will vest annually in 3 equal tranches,
· The remaining 65% will vest subject to achievement of key metrics related to the Company's share price and financial performance during the period.
Alongside the grant of the Options, 5,850,000 of the previously awarded employee share options granted on 07 February 2024, have been cancelled. Accordingly, the Company will have a total of 9,848,912 share options in issue, representing 6.46% of the Company's total issued share capital.
For further information, please contact:
| Getech Group plc Chris Jepps, CEO |
Tel: 0113 322 2200 |
| | |
| Cavendish Capital Markets Limited Neil McDonald / Pete Lynch (Corporate Finance) Michael Johnson / Dale Bellis (Sales)
|
Tel: 0207 397 8900
|
| Novella Communications | Tel: 0203 151 7008 |
| Tim Robertson / Safia Colebrook | |
| getech@novella-comms.com | |
Notes to editors:
About Getech
Getech is a leading locator of the energy and mineral resources essential for the world's energy transition. The Company combines unique geoscience expertise, AI-driven analytics, and extensive GIS capabilities to deliver actionable insights that support resource discovery and development. Serving clients across governments, municipalities, and a wide range of industries, Getech is committed to enabling energy and mineral self-sufficiency while driving progress toward net zero.
For further information, please visit www.getech.com.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Christopher Jepps | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Getech Group plc | ||||
| b) | LEI | 213800L36BCDMGT89738 | ||||
| 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 0.25p each | ||||
| b) | Nature of the transaction | Grant of Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| N/A | ||||
| e) | Date of the transaction | 6 May 2025 | ||||
| f) | Place of the transaction | Outside of a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Simon Brown | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Finance Director | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Getech Group plc | ||||
| b) | LEI | 213800L36BCDMGT89738 | ||||
| 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 0.25p each | ||||
| b) | Nature of the transaction | Grant of Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| N/A | ||||
| e) | Date of the transaction | 6 May 2025 | ||||
| f) | Place of the transaction | Outside of a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Max Brouwers | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Business Development Officer | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Getech Group plc | ||||
| b) | LEI | 213800L36BCDMGT89738 | ||||
| 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 0.25p each | ||||
| b) | Nature of the transaction | Grant of Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| N/A | ||||
| e) | Date of the transaction | 6 May 2025 | ||||
| f) | Place of the transaction | Outside of a trading venue | ||||
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