Grant of Options, Director Dealing
Finseta plc announced the grant of 1,100,000 options over ordinary shares to employees, including Chief Financial Officer Andrew Richards who received 1,000,000 options. These options are exercisable at 8.25 pence per share, reflecting the closing price on April 20, 2026, and vest in three equal tranches over three years, expiring five years from the grant date of April 21, 2026.
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Finseta (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announces that on 21 April 2026 (the "Grant Date") the Company granted a total of 1,100,000 options (the "Options") over ordinary shares of 1 penny each in the Company ("Ordinary Shares") to certain employees, including to a Director of the Company as follows:
| Name | Role | Number of Options Granted |
|---|---|---|
| Andrew Richards | Chief Financial Officer | 1,000,000 |
The Options vest in three equal tranches on the first, second and third anniversaries of the Grant Date and are exercisable at a price of 8.25 pence per Ordinary Share, representing the closing price of the Company's Ordinary Shares on AIM on 20 April 2026, being the day prior to the Grant Date. The vesting of the Options is subject to the individual remaining an employee of the Company. Leavers may exercise vested Options within 90 days of cessation of employment. All Options expire five years after the Grant Date.
| a) | Name | Andrew Richards |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification/amendment | Initial Notification |
| a) | Name | Finseta plc |
| b) | LEI | 213800O4IL2RXZ2BZ956 |
| Identification code | GB00BNG7CD28 | |
| b) | Nature of the transaction | Grant of options |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 8.25 pence | 1,000,000 | |
| d) | Aggregated information | N/A |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 21 April 2026 |
| f) | Place of the transaction | Off market |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.