Exercise of Options
Tekmar Group PLC announced the issuance of 203,934 new ordinary shares at 1 pence each following the exercise of options under the Company's Share Option Plan. Specifically, 87,267 new ordinary shares were issued to Fraser Gibson, resulting in a subsequent holding of 198,978 shares representing 0.14%. Additionally, Marc Bell received 116,667 new ordinary shares, leading to a subsequent holding of 583,334 shares, or 0.42%. Application has been made for these shares to be admitted to trading on AIM, expected around 8:00 a.m. on October 24, 2025. Following admission, the company's enlarged issued share capital will consist of 139,092,671 ordinary shares with voting rights.
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Tekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, confirms that the Company has issued a total of 203,934 new ordinary shares of 1 pence each ("New Ordinary Shares") to those PDMRs listed in the table below, pursuant to the exercise of options under the Company's Share Option Plan.
| PDMR | New Ordinary Shares issued (No.) | Subsequent holding following Admission (No.) | Subsequent holding following Admission % |
|---|---|---|---|
| Fraser Gibson | 87,267 | 198,978 | 0.14% |
| Marc Bell | 116,667 | 583,334 | 0.42% |
Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will become effective on or around 8.00 a.m. on 24 October 2025.
Following Admission, the Company's enlarged issued share capital will comprise 139,092,671 ordinary shares with voting rights in the Company. As the Company holds no shares in treasury, this figure of 139,092,671 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure Guidance and Transparency Rules as reflected in the Company's articles of incorporation.
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| 1 | Details of the person discharging managerial responsibility / person closely associated | ||
| a) | Name | Fraser Gibson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Managing Director, RYDER | |
| b) | Initial notification/amendment | Initial Notification | |
| a) | Name | Tekmar Group plc | |
| b) | LEI | 213800839UQKQTV33E71 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BDFGGK53 | ||
| b) | Nature of transaction | Exercise of options under the Share Option Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.01 | 87,267 | ||
| d) | Aggregated information | ||
| Aggregated volume | NA | ||
| Price | NA | ||
| e) | Date of transaction | 20/10/2025 | |
| f) | Place of transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibility / person closely associated | ||
| a) | Name | Marc Bell | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Operating Officer, Tekmar Group plc | |
| b) | Initial notification/amendment | Initial Notification | |
| a) | Name | Tekmar Group plc | |
| b) | LEI | 213800839UQKQTV33E71 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BDFGGK53 | ||
| b) | Nature of transaction | Exercise of options under the Share Option Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.01 | 166,667 | ||
| d) | Aggregated information | ||
| Aggregated volume | NA | ||
| Price | NA | ||
| e) | Date of transaction | 20/10/2025 | |
| f) | Place of transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.