logo-loader
RNS
viewOnline Blockchain PLC

Online Blockchain - Director/PDMR Shareholding

RNS Number : 8182M
Online Blockchain PLC
02 May 2018
 

For immediate release

2 May 2018

 

Online Blockchain PLC

("Online" or the "Company")

Director / PDMR shareholding

Issue of options and warrants

 

The Company announces that on 1 May 2018, the board of directors of Online agreed to award 50,000 options over new ordinary shares to William Louden, a director of the Company. The options vest in full with effect from 31 May 2018 and have an exercise price of 48.5 pence per new ordinary share, being the London closing mid-market price as at 1 May 2018, and must be exercised on or before 1 September 2022.  The option award represents approximately 0.58% of the current issued share capital of 8,662,348 ordinary shares.

 

In addition, the board of directors of Online has agreed to award in aggregate 200,000 warrants over new ordinary shares to consultants and advisers to the Company. The warrants vest in full with effect from 31 October 2018 and have an exercise price of 48.5 pence per new ordinary share and must be exercised on or before 31 October 2022.

 

Accordingly, the Company makes the following announcement notification in accordance with Article 19 of the EU Market Abuse Regulation No. 596/2014:

 




1

Details of the person discharging managerial responsibilities / person closely associated


a)

Name

William Louden


2

Reason for the notification


a)

Position/status

Non-executive Director


b)

Initial notification/Amendment

Initial Notification


3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


a)

Name

Online Blockchain plc


b)

LEI

213800EYT2IXOZHDQC16


4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


a)

Description of the financial instrument, type of instrument.

 

Identification code

Options over ordinary shares of 5 pence each

 

 
GB0006601479

 


b)

Nature of transaction

Award of options to subscribe for Ordinary Shares


c)

Price(s) and volume(s)

Exercise Price(s)           

Volume(s)




48.5 pence

50,000


d)

Aggregated information

-      Aggregated volume

-      Price

See 4(c) above


e)

Date of the transaction

1 May 2018


f)

Place of the transaction

Outside a trading venue


 

 

A copy of this announcement is available on the Company's website, at www.onlineblockchain.io

 

Enquiries:

For further information please contact: 

 



Online Blockchain PLC

Clement Chambers

 

+44 (0) 207 070 0909



Beaumont Cornish Limited (Nominated Adviser)

www.beaumontcornish.com


Roland Cornish/Michael Cornish 

 

+44 (0) 207 628 3396

Smaller Company Capital Limited (Broker)

+44 (0) 203 651 2910

Jeremy Woodgate

 


Cassiopeia Ltd (Investor Relations)

Stefania Barbaglio

[email protected]



ENDS

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHSSUESFFASEFI

Quick facts: Online Blockchain PLC

Price: 16.5

Market: AIM
Market Cap: £1.43 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE