Exercise of awards under the Aptitude 2020 DBP
Aptitude Software Group plc announced that Deferred Bonus Shares awarded to Executive Directors under the 2020 Deferred Bonus Plan vested on April 29, 2026. On May 18, 2026, Alexandra Curran, CEO, exercised 2,033 deferred bonus shares and 89 dividend equivalent shares, totaling 2,122 awards. Of these, 754 shares were sold at £2.266233 each to cover tax liabilities and brokerage costs, leaving 1,368 shares retained. The issuance of ordinary shares was satisfied through the Company's Employee Benefit Trust.
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The Company announces that the Deferred Bonus Shares awarded to the Executive Directors on 29 April 2024 (as part of the annual bonuses for the year ended 31 December 2023) vested on 29 April 2026 under the terms of the Company's DBP. The Deferred Bonus Shares were nil cost options subject to a two-year holding period, and included an entitlement to receive dividend equivalent shares during the holding period.
On 18 May 2026 the following individuals exercised the following Deferred Bonus Shares:
| Director and role | Deferred Bonus Share awards exercised | Dividend equivalent shares exercised | Total number of awards exercised | Shares sold to cover tax liabilities and brokerage costs | Shares retained |
|---|---|---|---|---|---|
| Alexandra Curran - CEO | 2,033 | 89 | 2,122 | 754 | 1,368 |
The issue of ordinary shares resulting from the exercise of these awards was satisfied through the transfer of shares from the Company's Employee Benefit Trust.
| 1. | Details of PDMR / person closely associated with them ("PC A " ) | |
| a) | Name | Alex Curran |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Aptitude Software Group plc |
| b) | LEI | 2138009VHA1WI2VKMA28 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of 7 1/3 pence each |
| b) | Identification code | ISIN: GB00BJV2F804 |
| c) | Nature of the transaction | 1) Exercise of options under the Aptitude 2020 Deferred Bonus Plan, including dividend equivalent shares 2) Partial sale of shares in connection with exercise of options under the Aptitude 2020 Deferred Bonus Plan |
| d) | Price(s) and volume(s) | Price(s) Volume(s) 1) n/a 2,122 2) 2.266233 754 |
| e) | Aggregated information - Volume - Price | N/A |
| f) | Date of the transaction | 21 May 2026 |
| g) | Place of the transaction | 1) Outside a trading venue 2) London Stock Exchange (XLON) |
| Name of authorised official of issuer responsible for making notification | Simon Kelly, Company Secretary, Aptitude Software Group plc |
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