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03 April 2024 00:00:49
- Source: Sharecast
2 April 2024
4GLOBAL PLC
("4GLOBAL" or the "Company")
Issue of share options
4GLOBAL, a UK-based data, services and technology company focused on major sporting events and the promotion and measurement of physical activity, announces that following the appointment of Davendra Dabasia as an independent non-executive director of the Company with effect from 1 April 2024, as announced by the Company on 23 February 2023, the Company has granted options over 46,296 ordinary shares in the share capital of the Company to Mr Dabasia, exercisable at 1 pence per share.
As announced on 23 February 2023, Mr Dabasia has chosen to receive his remuneration of £25,000 per annum by way of share options over ordinary shares in the Company. He has been granted the Options based on the Company's closing mid-market share price on 28 March 2024, the last trading date prior to his appointment. The Options will vest 1/12th on a monthly basis. The Company reserves the right to settle the Options for cash.
Further details of the grant of Options are included in the disclosure notice below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Davendra Laxmidas Dabasia |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-executive Director |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
4Global Plc |
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b) |
LEI |
89450099YF5FU8P84Z25 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1p each |
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Identification code |
GB00BLH36N37 |
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b) |
Nature of the transaction |
Grant of share options |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1p |
46,296 |
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d) |
Aggregated information |
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- Aggregated volume |
As above |
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- Total Price |
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e) |
Date(s) of the transaction |
2 April 2024 |
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f) |
Place of the transaction |
Outside of a trading platform |
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4GLOBAL Eloy Mazon (CEO) |
c/o IFC Advisory |
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Spark Advisory Partners - Nominated Adviser Neil Baldwin |
0203 368 3554 |
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Canaccord Genuity Limited - Broker Bobbie Hilliam |
020 7523 8000 |
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IFC Advisory Graham Herring / Zach Cohen |
0203 934 6630
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