Grant of options
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Touchstar plc (AIM:TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sectors, announces that the Board have approved the grant of up to 211,876 share options over ordinary shares in the capital of the Company ("Options"). Of which 70,000 Options have been awarded to Mark Hardy (CEO) and Natasha (CFO). The Options are exercisable at 95p per share subject to the achievement of certain performance conditions. The Options have been awarded under the Company's Long-Term Incentive Plan ("LTIP") as approved by shareholders at the Company's annual general meeting on 23 June 2021.
Mark Hardy, CEO, has been granted 40,000 Options, following which he now holds in aggregate 116,000 Options. Natasha Rourke, CFO, has been granted 30,000 Options, following which she now holds in aggregate 70,000 Options.
| a) | Name | Touchstar plc | ||||
| b) | LEI | 213800EO42MM683FGC44 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 5p each G00BD9YDB55 | ||||
| b) | Nature of the transaction | Grant of Option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 40,000 £38,000 | ||||
| e) | Date of the transaction | 16 January 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Natasha Rourke | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CFO | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| a) | Name | Touchstar plc | ||||
| b) | LEI | 213800EO42MM683FGC44 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 5p each G00BD9YDB55 | ||||
| b) | Nature of the transaction | Grant of Option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 30,000 £28,500 | ||||
| e) | Date of the transaction | 16 January 2024 | ||||
| f) | Place of the transaction | Outside a trading venue |
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