Exercise of Options & PDMR Dealing
Tekcapital plc announced that Lord David Willetts, a Non-Executive Director, exercised options to acquire 100,000 new ordinary shares at 5.25 pence per share, for a total consideration of £5,250. Following this transaction, the company's total issued ordinary shares will increase to 238,428,525, with admission of the new shares expected around November 24, 2025. This increase in shares may impact shareholder calculations for notification purposes under FCA rules.
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Tekcapital Plc (AIM: TEK) the UK intellectual property investment group focused on creating valuable products that can improve people's lives, announces that it has received notice that Lord David Willetts has exercised options to subscribe for 100,000 new ordinary shares of 0.4 pence each in the Company at a price of 5.25 pence per new ordinary share. The notice was accepted and having received the appropriate payment the Company has accordingly issued and allotted the 100,000 new ordinary shares (the "Option Shares").
Admission and Total Voting Rights
Application has been made for the Option Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 24 November 2025.
Following the issue of Option Shares, which, on Admission, will rank pari passu with the existing Ordinary Shares, the total number of Ordinary Shares in issue with voting rights in the Company will be 238,428,525. There are no shares held in treasury.
The above figure of 238,428,525 Ordinary Shares may therefore be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Lord David Willetts |
| 2 | Reason for the notification | |
| a) | Position/status | Non-Executive Director |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | TEKCAPITAL PLC |
| b) | LEI | 213800GOJTOV19FIFZ85 |
| a) | Description of the financial instrument, type of instrument Identification code | Options over new ordinary shares of 0.4 pence each in the Company ISIN: GB00BKXGY798 |
| b) | Nature of the transaction | Exercise of options over new ordinary shares of 0.4 pence each in the Company |
| c) | Price(s) and volume(s) | Director/PDMR Price(s) Volume(s) Lord David Willetts 5.25p 100,000 |
| d) | Aggregated information - Aggregated volume - Price | As above |
| e) | Date of the transaction | 17 November 2025 |
| f) | Place of the transaction | Outside a trading venue |
Clifford M. Gross, Ph.D.
| SP Angel Corporate Finance LLP (Nominated Adviser and Broker) | +44 (0) 20 3470 0470 |
| Richard Morrison/Charlie Bouverat (Corporate Finance) | |
| Richard Parlons/Abigail Wayne (Corporate Broking) | |
| Flagstaff Strategic and Investor Communications | +44 (0) 20 7129 1474 |
Tim Thompson/Andrea Seymour/Fergus Mellon
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.