Director/PDMR Shareholding
In brief · summary, not quotable
Bytes Technology Group plc announced that several Persons Discharging Managerial Responsibilities (PDMRs), including the Chief Executive Officer and Chief Financial Officer, exercised options on ordinary shares under various share plans on October 23, 2026. These executives then sold a portion of the acquired shares, totaling 7,691 for the CEO and 13,452 for the CFO, at prices around £4.47 to cover associated tax liabilities and exercise costs. Additionally, the CEO and CFO withdrew from the 2024 BTG Sharesave Plan, resulting in the cancellation of 4,059 options each. Director of Group Finance Paul Emms exercised 5,038 options and sold 2,387 shares at £4.468, while Group Company Secretary WK Groenewald exercised 2,592 options and sold 1,228 shares at £4.472.
Full announcement
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The Company was notified that the following Directors/Persons Discharging Managerial Responsibilities ("PDMRs"), exercised options over ordinary shares of 1 pence each ("Ordinary Shares") under the BTG Performance Share Plan and the BTG Deferred Bonus Share Plan, where applicable. The Directors/PDMRs then immediately disposed of Ordinary Shares acquired under the exercises in order to meet the taxation arising on the exercises. The Company was further notified that Sam Mudd, Chief Executive Officer, and Andrew Holden, Chief Financial Officer, withdrew from the 2024 BTG Sharesave Plan, with the associated options cancelled.
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Exercise of options under the BTG Performance Share Plan 2023 award ( 9,753 ) and BTG Deferred Bonus Share Plan 2024 award ( 6,486 ) | |
| c) | Price(s) and volume(s) | Price: £0.01 £0.01 | Volume: 9,753 6,486 |
| d) | Aggregated information - A ggregated volume - Price | 16,239 £0.01 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Sale of shares acquired under the BTG Performance Share Plan 2023 award (4,619) and BTG Deferred Bonus Share Plan 2024 award (3,072) to cover tax liabilities and cost of exercise | |
| c) | Price(s) and volume(s) | Price: £4.47200 £4.46800 | Volume: 4,619 3,072 |
| d) | Aggregated information - A ggregated volume - Price | 7,691 £4.4704 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Withdrawal of options under the BTG Sharesave Plan 2024 award | |
| c) | Price(s) and volume(s) | Price: £4.57 | Volume: 4,059 |
| d) | Aggregated information - Aggregated volume - Price | n/a | |
| e) | Date of the transaction | 23 October 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Exercise of options under the BTG Performance Share Plan 2023 award ( 16,563 ) and BTG Deferred Bonus Share Plan 2024 award (11,840) | |
| c) | Price(s) and volume(s) | Price: £0.01 £0.01 | Volume: 16,563 11,840 |
| d) | Aggregated information - A ggregated volume - Price | 28,403 £0.01 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Sale of shares acquired under the BTG Performance Share Plan 2023 award ( 7,844 ) and BTG Deferred Bonus Share Plan 2024 award ( 5,608 ) to cover tax liabilities and cost of exercise | |
| c) | Price(s) and volume(s) | Price: £4.47200 £4.47200 | Volume: 7,844 5,608 |
| d) | Aggregated information - A ggregated volume - Price | 13,452 £4.47200 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Withdrawal of options under the BTG Sharesave Plan 2024 award | |
| c) | Price(s) and volume(s) | Price: £4.57 | Volume: 4,059 |
| d) | Aggregated information - Aggregated volume - Price | n/a | |
| e) | Date of the transaction | 23 October 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Exercise of options under the BTG Performance Share Plan 2023 award | |
| c) | Price(s) and volume(s) | Price: £0.01 | Volume: 5,038 |
| d) | Aggregated information - A ggregated volume - Price | 5,038 £0.01 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Sale of shares acquired under the BTG Performance Share Plan 2023 award to cover tax liabilities and cost of exercise | |
| c) | Price(s) and volume(s) | Price: £4.46800 | Volume: 2,387 |
| d) | Aggregated information - A ggregated volume - Price | 2,387 £4.46800 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Exercise of options under the BTG Performance Share Plan 2023 award (2,592) | |
| c) | Price(s) and volume(s) | Price: £0.01 | Volume: 2,592 |
| d) | Aggregated information - A ggregated volume - Price | 2,592 £0.01 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange | |
| 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 Identification code | Ordinary shares of £0.01 each GB00BMH18Q19 | |
| b) | Nature of the transaction | Sale of shares acquired under the BTG Performance Share Plan 2023 award to cover tax liabilities and cost of exercise | |
| c) | Price(s) and volume(s) | Price: £4.47200 | Volume: 1,228 |
| d) | Aggregated information - A ggregated volume - Price | 1,228 £4.47200 | |
| e) | Date of the transaction | 23 October 2026 | |
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.