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Rosslyn Data Tech. - Grant of Options

RNS Number : 8911P
Rosslyn Data Technologies PLC
15 June 2020
 

15 June 2020

Rosslyn Data Technologies plc

("Rosslyn" the "Group")

Grant of Options

Rosslyn Data Technologies plc (AIM: RDT), the provider of a leading cloud-based enterprise data analytics platform, announces that the Company has granted a total of 9,171,425 options to subscribe for new ordinary shares in the Company under the Rosslyn 2014 Share Option Program to various employees of the Company (the "Options").

A total of 7,266,664 of the Options are split into three equal tranches and each tranche shall vest evenly over a three-year period, subject to performance criteria having been met during the financial year ending 30 April 2021, provided that the Option holder remains an employee or director of the Group. A further 1,904,761 options will vest immediately.

Each employee's options will lapse immediately on that employee's resignation. The Options are exercisable at 5.25p pence and will expire on 11 June 2030.

The following options have been granted to Directors and PDMRs:

 

 

Director

Number of options granted

 

Total number of options

 

Roger Bullen

 

3,047,619

9,594,178

 

Hugh Cox

 

1,238,095

3,015,873

 

Ash Mehta

 

3,142,856

4,522,166

 

 

 

Rosslyn Data Technologies plc

Roger Bullen, Chief Executive Officer

+44(0)77 7162 3345
+44(0)20 7138 3203


Ash Mehta, Chief Financial Officer

+44(0)79 3054 7441
+44(0)20 7138 3203

Cenkos Securities,
Nominated Adviser, Broker

Stephen Keys/Giles Balleny

 

+44(0)20 7397 8924

 

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.

Further information can also be found on the Company's website at:  www.rosslyndatatech.com

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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