RNS Number : 7987W
Calnex Solutions PLC
17 July 2024
 

Calnex Solutions plc

("Calnex" or the "Company")

Long-Term Incentive Plan Awards

Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications sector and cloud computing markets, is pleased to confirm that share option awards, subject to performance metrics, have been issued to Calnex's executive and senior management team under the Company's long-term incentive plan ("LTIP").

A total of 1,153,198 awards under the LTIP have been granted in the form of nominal cost share options, which will vest over a three-year period commencing 1 April 2024, subject to the satisfaction of performance metrics. Details of those LTIP awards issued to the Company's PDMRs are listed below.

For more information, please contact:

Calnex Solutions plc

Via Alma

Tommy Cook, Chief Executive Officer
Ashleigh Greenan, Chief Financial Officer




Cavendish Capital Markets Limited - NOMAD

+44 (0)131 220 6939

Derrick Lee / Peter Lynch




Alma

+ 44(0) 20 3405 0213

Caroline Forde, Joe Pederzolli, Emma Thompson


 

 

1          

Details of PDMR/person closely associated with them ("PCA")

a)   

Name

Tommy Cook

2          

Reason for the Notification

a)   

Position/Status

Director - CEO

b)   

Initial notification / amendment

Initial notification

3          

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

a)   

Name

Calnex Solutions plc

b)   

LEI

213800GY6TURGL3HYT04

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

Identification code

Ordinary shares of 0.125 pence


GB00BMBK7016

b)   

Nature of the transaction

Grant of awards under the Company's Long-Term Incentive Plan (LTIP) with an exercise price of 1 pence per share

c)    

Price(s) and volume(s)

Price(s)

Volume(s)

1p

230,705

d)   

Aggregated information

·              Aggregated volume

·              Price

 

N/A

e)    

Date of the transaction

15th July 2024

f)    

Place of the transaction

Outside of a trading venue

 

 

1          

Details of PDMR/person closely associated with them ("PCA")

a)   

Name

Ashleigh Greenan

2          

Reason for the Notification

a)   

Position/Status

Director - CFO

b)   

Initial notification / amendment

Initial notification

3          

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

a)   

Name

Calnex Solutions plc

b)   

LEI

213800GY6TURGL3HYT04

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

Identification code

Ordinary shares of 0.125 pence


GB00BMBK7016

b)   

Nature of the transaction

Grant of awards under the Company's Long-Term Incentive Plan (LTIP) with an exercise price of 1 pence per share

c)    

Price(s) and volume(s)

Price(s)

Volume(s)

1p

165,634

d)   

Aggregated information

·              Aggregated volume

·              Price

 

N/A

e)    

Date of the transaction

15th July 2024

f)    

Place of the transaction

Outside of a trading venue

 

 

1          

Details of PDMR/person closely associated with them ("PCA")

a)   

Name

Anand Ram

2          

Reason for the Notification

a)   

Position/Status

PDMR - VP Business Development

b)   

Initial notification / amendment

Initial notification

3          

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

a)   

Name

Calnex Solutions plc

b)   

LEI

213800GY6TURGL3HYT04

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

Identification code

Ordinary shares of 0.125 pence


GB00BMBK7016

b)   

Nature of the transaction

Grant of awards under the Company's Long-Term Incentive Plan (LTIP) with an exercise price of 1 pence per share

c)    

Price(s) and volume(s)

Price(s)

Volume(s)

1p

366,853

d)   

Aggregated information

·              Aggregated volume

·              Price

 

N/A

e)    

Date of the transaction

15th July 2024

f)    

Place of the transaction

Outside of a trading venue

 

 

The information in the above notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

 

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