Grant of Share Options
Getech Group plc announced on July 31, 2026, that it granted share options for 4,550,000 ordinary shares to its executive and senior leadership teams, as well as all staff, under its approved share option scheme. Key directors received specific awards, including 850,000 options to the CEO, 450,000 to the CFO, and 450,000 to the Chief Business Development Officer. These options have an exercise price of 0.25p, a three-year term, and vest annually with 35% vesting in equal tranches and the remaining 65% contingent on achieving share price and financial performance metrics. Following this grant, the company will have a total of 13,687,001 share options outstanding, representing 8.96% of its total issued share capital.
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Getech (AIM: GTC), a world-leading locator of subsurface resources, makes the following announcement concerning a Grant of Options.
Grant of Options
On 30 Jul 2026, Getech granted share options in respect of a total of 4,550,000 ordinary shares in the Company to the executive team, senior leadership team and all staff under the approved share option scheme (the "Options").
The Options include the following awards to directors and PDMRs:
| Name | Position | Number of Options |
|---|---|---|
| Chris Jepps | Chief Executive Officer | 850,000 |
| Simon Brown | Chief Financial Officer | 450,000 |
| Max Brouwers | Chief Business Development Officer | 450,000 |
The Options all have the following terms:
- The Option exercise price of 0.25p, the nominal value of the shares
- The Option term is 3 years
- 35% will vest annually in 3 equal tranches,
- The remaining 65% will vest subject to achievement of key metrics related to the Company's share price and financial performance during the period.
Accordingly, the Company will have a total of 13,687,001 share options in issue, representing 8.96% of the Company's total issued share capital.
| a) | Name | Christopher Jepps |
| 2 | Reason for the notification | |
| a) | Position/status | CEO |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Getech Group plc |
| b) | LEI | 213800L36BCDMGT89738 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.25p each GB00B0HZVP95 |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Price: £0.0025 Volume: 850,000 |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 30 July 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Simon Brown |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Getech Group plc |
| b) | LEI | 213800L36BCDMGT89738 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.25p each GB00B0HZVP95 |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Price: £0.0025 Volume: 450,000 |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 30 July 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Max Brouwers |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Business Development Officer |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Getech Group plc |
| b) | LEI | 213800L36BCDMGT89738 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.25p each GB00B0HZVP95 |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Price: £0.0025 Volume: 450,000 |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 30 July 2026 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.