Calnex Solutions PLC Long-Term Incentive Plan Awards
17 Juli 2024 - 3:00PM
RNS Regulatory News
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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