Director/PDMR Shareholding & Issue of Equity
Pebble Beach Systems Group plc announced that Chief Executive Officer Peter Mayhead exercised 2,000,000 options at 6.18 pence per share and subsequently sold 757,068 ordinary shares at 19.1 pence to cover costs, leaving him with 1,245,109 shares, approximately 0.98% of the enlarged share capital. Application has been made for the 2,000,000 new ordinary shares to be admitted to AIM, expected around March 2, 2026, at which point the company's total issued share capital will be 126,603,134 ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your PEB notes
Pebble (AIM: "PEB"), the global software company providing specialist automation solutions for the broadcast and streaming markets, announces that it has received notification from Peter Mayhead, Chief Executive Officer of the Group, that on 23 February 2026 he exercised, in aggregate, 2,000,000 options over ordinary shares of 2.5p each ("Ordinary Shares" and "Options") at an exercise price of 6.18 pence per Ordinary Share.
Peter Mayhead has sold 757,068 Ordinary Shares at a price of 19.1p to cover the corresponding exercise price and tax liability of exercising the Options. Following the above transactions Peter Mayhead holds 1,245,109 Ordinary Shares, which represents approximately 0.98 per cent of Pebble's issued share capital following Admission.
Application has been made for the 2,000,000 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on or around 2 March 2026. The new Ordinary Shares will rank pari passu with the Ordinary Shares of the Company in issue.
Following Admission, the Company will have 126,603,134 Ordinary Shares in issue, The Company does not hold any shares is treasury therefore the Company will have 126,603,134 Ordinary Shares with voting rights of one vote per share in issue. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
For further information please contact: Peter Mayhead, Chief Executive +44 (0) 75 55 59 36 02 Cavendish Capital Markets Limited (Nominated Adviser and Broker) Marc Milmo / Teddy Whiley / Elysia Bough - Corporate Finance +44 (0) 207 220 0500 Sunila de Silva - ECM
ANNEX
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | P eter Mayhead |
| 2 | Reason for the notification | |
| a) | Position/status | C hief Executive Officer |
| b) | Initial notification /Amendment | Initial |
| a) | Name | Pebble Beach Systems Group plc |
| b) | LEI | 2138006Q5EZTDJMIBM38 |
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares and Ordinary Shares ISIN: GB0001482891 |
| b) | Nature of the transaction | Exercise of Options and Sale of Ordinary Shares |
| c) | Price(s) and volume(s) | Transaction Price(s) Volume(s) Exercise of Options 6.18p 2,000,000 Sale of Ordinary Shares 1 9.1 p 7 57,068 |
| d) | Aggregated information | As above. |
| e) | Date of the transaction | 2 3 February 2026 |
| f) | Place of the transaction | (1) O ff market transaction (2) London Stock Exchange, AIM Market (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.