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Crimson Tide PLC  -  TIDE   

Exercise Of Options

Released 14:08 02-Nov-2018

RNS Number : 2225G
Crimson Tide PLC
02 November 2018
 

 

CRIMSON TIDE PLC

 ("Crimson Tide" or "the Company")

 

Exercise of Options

 

Crimson Tide announces that two senior employees have exercised options over 3,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company's EMI Share Option Scheme.

 

The new Ordinary Shares issued pursuant to the exercise of options will rank pari passu with the existing Crimson Tide Ordinary Shares. Application has been made for the 3,000,000 shares to be admitted to AIM and admission is expected to take place on or around 8th November 2017.

 

The total number of shares in issue following the issue of these shares will be 457,486,234. Crimson Tide has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

 

Crimson Tide plc

Barrie Whipp                           01892 542 444

Luke Jeffrey

 

Arden Partners                        020 7614 5900

Steve Douglas                                               

Dan Gee-Summons

 

 

 

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

Laurence D'Arcy

2

Reason for the notification

a)

Position/status

International Strategic Director, Crimson Tide IE Ltd.

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Crimson Tide plc

b)

LEI

N/A

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 0.1p each

 

 

GB0002080082

b)

Nature of the transaction

Exercise of share options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 1p

2,000,000

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

2,000,000

1p

e)

Date of the transaction

02 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Timothy Price

2

Reason for the notification

a)

Position/status

Head of CRM and Analytics, Crimson Tide Mpro Ltd.

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Crimson Tide plc

b)

LEI

N/A

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 0.1p each

 

 

GB0002080082

b)

Nature of the transaction

Exercise of share options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 1p

1,000,000

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

1,000,000

1p

e)

Date of the transaction

02 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Exercise Of Options - RNS