Director/PDMR Shareholding
Bytes Technology Group plc announced on June 2, 2026, that Directors and Persons Discharging Managerial Responsibility (PDMRs) were granted options under the 2020 Performance Share Plan on June 1, 2026. Sam Mudd received 197,300 options, Andrew Holden received 163,800, Clare Metcalfe received 74,500, Paul Emms received 54,200, and WK Groenewald received 18,100 options. These options are subject to performance conditions related to earnings per share growth and total shareholder return over a three-year period ending February 28, 2029, with vesting occurring on a pro-rata basis between threshold and maximum levels, and the Remuneration Committee retaining discretion to adjust vesting based on business performance.
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BTG announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMRs") in ordinary shares of £0.01 each in the share capital of the Company ("shares").
2020 Performance Share Plan ("PSP") - Grant of PSP options
On 1 June 2026, a grant of PSP options was made under the BTG 2020 PSP to the Directors and PDMRs listed below:
| Name | Director/PDMR | Number of PSP options |
|---|---|---|
| Sam Mudd | Director and PDMR | 1 97,300 |
| Andrew Holden | Director and PDMR | 163,800 |
| Clare Metcalfe | PDMR | 74,500 |
| Paul Emms | PDMR | 54,200 |
| WK Groenewald | PDMR | 18,100 |
The number of PSP options shown is the maximum available if the performance conditions for the three-year performance period from 1 March 2026 to 28 February 2029 are satisfied in full. The performance conditions relate to the Company's earnings per share growth and relative total shareholder return over the performance period. Further details of the performance conditions are disclosed in the Company's annual report, distributed to shareholders on 27 May 2026 and available on the BTG website.
Vesting will be on a pro-rata basis between the threshold and maximum vesting figures. In addition, the BTG Remuneration Committee retains discretion to reduce the overall PSP vesting level if it considers that the underlying business performance of the Company does not justify it.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Sam Mudd |
| 2. | Reason for the notification | |
| a) | Position / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the issuer or emission allowance market participant | |
| a) | Name | Bytes Technology Group plc |
| b) | LEI | 213800LA4DZLFBAC9O33 |
| 4. | Details of the transaction(s): | |
| a) | Description of the financial instrument and identification code | Ordinary shares of 1 pence GB00BMH18Q19 |
| b) | Nature of the transaction | Grant of share options under the Bytes Technology Group plc 2020 Performance Share Plan |
| c) | Price(s) and volume(s) | Price: £0.01 Volume: 1 97,300 |
| d) | Aggregated information - Aggregated volume - Price | 1 97,300 £0.01 |
| e) | Date of the transaction | 1 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Andrew Holden |
| 2. | Reason for the notification | |
| a) | Position / status | Chief Financial Officer |
| b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the issuer or emission allowance market participant | |
| a) | Name | Bytes Technology Group plc |
| b) | LEI | 213800LA4DZLFBAC9O33 |
| 4. | Details of the transaction(s): | |
| a) | Description of the financial instrument and identification code | Ordinary shares of 1 pence GB00BMH18Q19 |
| b) | Nature of the transaction | Grant of share options under the Bytes Technology Group plc 2020 Performance Share Plan |
| c) | Price(s) and volume(s) | Price: £0.01 Volume: 163,800 |
| d) | Aggregated information - Aggregated volume - Price | 163,800 £0.01 |
| e) | Date of the transaction | 1 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Clare Metcalfe |
| 2. | Reason for the notification | |
| a) | Position / status | Managing Director: Phoenix Software Limited |
| b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the issuer or emission allowance market participant | |
| a) | Name | Bytes Technology Group plc |
| b) | LEI | 213800LA4DZLFBAC9O33 |
| 4. | Details of the transaction(s): | |
| a) | Description of the financial instrument and identification code | Ordinary shares of 1 pence GB00BMH18Q19 |
| b) | Nature of the transaction | Grant of share options under the Bytes Technology Group plc 2020 Performance Share Plan |
| c) | Price(s) and volume(s) | Price: £0.01 Volume: 74,500 |
| d) | Aggregated information - Aggregated volume - Price | 74,500 £0.01 |
| e) | Date of the transaction | 1 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Paul Emms |
| 2. | Reason for the notification | |
| a) | Position / status | Director of Group Finance |
| b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the issuer or emission allowance market participant | |
| a) | Name | Bytes Technology Group plc |
| b) | LEI | 213800LA4DZLFBAC9O33 |
| 4. | Details of the transaction(s): | |
| a) | Description of the financial instrument and identification code | Ordinary shares of 1 pence GB00BMH18Q19 |
| b) | Nature of the transaction | Grant of share options under the Bytes Technology Group plc 2020 Performance Share Plan |
| c) | Price(s) and volume(s) | Price: £0.01 Volume: 54,200 |
| d) | Aggregated information - Aggregated volume - Price | 54,200 £0.01 |
| e) | Date of the transaction | 1 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | WK Groenewald |
| 2. | Reason for the notification | |
| a) | Position / status | Group Company Secretary |
| b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the issuer or emission allowance market participant | |
| a) | Name | Bytes Technology Group plc |
| b) | LEI | 213800LA4DZLFBAC9O33 |
| 4. | Details of the transaction(s): | |
| a) | Description of the financial instrument and identification code | Ordinary shares of 1 pence GB00BMH18Q19 |
| b) | Nature of the transaction | Grant of share options under the Bytes Technology Group plc 2020 Performance Share Plan |
| c) | Price(s) and volume(s) | Price: £0.01 Volume: 18,100 |
| d) | Aggregated information - Aggregated volume - Price | 18,100 £0.01 |
| e) | Date of the transaction | 1 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.