TIDMGROW

RNS Number : 7244F

Draper Esprit PLC

19 July 2021

Draper Esprit PLC

19 July 2021

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

Grant of Options and dealings by Persons Discharging Managerial Responsibility ("PDMRs")

Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that options (the "Options") over a total of 320,944 ordinary shares with a nominal value of 1p each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the Company's new Long-Term Incentive Plan ("LTIP"), as set out below.

The Options awarded under the LTIP have a nominal value exercise of 1p price and are subject to LTIP performance conditions which, together with a summary of the LTIP, are set out in the Company's prospectus published earlier today, a copy of which is available at www.draperesprit.com .

After the grant of these Options, the PDMRs set out below have the following Ordinary Shares and Options:

 
 PDMR              Options awarded*   Total Options   Ordinary Shares 
 Martin Davis               135,979         629,520            14,632 
                  -----------------  --------------  ---------------- 
 Stuart Chapman              93,468         984,037         1,046,306 
                  -----------------  --------------  ---------------- 
 Ben Wilkinson               91,497         509,055            12,225 
                  -----------------  --------------  ---------------- 
 

* Options over 88,682 Ordinary Shares, 60,923 Ordinary Shares and 60,642 Ordinary Shares granted to Messrs Davis, Chapman and Wilkinson respectively will lapse if the existing Ordinary Shares are not admitted to the premium listing segment of the of cial list of the FCA, traded on the London Stock Exchange's main market for listed securities, admitted to a secondary listing on the of cial list of Irish Stock Exchange plc, trading as Euronext Dublin and to trading on the Euronext Dublin Market, by 16 July 2022.

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such purchase.

ANNEX

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                   Martin Davis 
     -------------------------------------  ------------------------------------ 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position / status                      Chief Executive Officer (and PDMR) 
     -------------------------------------  ------------------------------------ 
 b)   Initial notification / amendment       Initial notification 
     -------------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                                   Draper Esprit plc 
     -------------------------------------  ------------------------------------ 
 b)   LEI                                    213800IPCR3SAYJWSW10 
     -------------------------------------  ------------------------------------ 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; (iv) each place where transactions have been conducted 
     --------------------------------------------------------------------------- 
 a)   Description of financial instrument,   Options in respect of the LTIP over 
       type of instrument                     ordinary shares of 1p each 
     -------------------------------------  ------------------------------------ 
      Identification Code                    GB00BY7QYJ50 
     -------------------------------------  ------------------------------------ 
 b)   Nature of the transaction              Issue of options 
     -------------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)                 135,979 options with an exercise 
                                              price of one pence 
     -------------------------------------  ------------------------------------ 
 d)        Aggregated information 
             *    Aggregated volume                       n/a 
 
 
             *    Price 
     -------------------------------------  ------------------------------------ 
 e)   Date of the transaction                16 July 2021 
     -------------------------------------  ------------------------------------ 
 f)   Place of the transaction               Outside a trading venue 
     -------------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                   Stuart Chapman 
     -------------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status                      Chief Portfolio Officer (and PDMR) 
     -------------------------------------  -------------------------------------- 
 b)   Initial notification / amendment       Initial notification 
     -------------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                                   Draper Esprit plc 
     -------------------------------------  -------------------------------------- 
 b)   LEI                                    213800IPCR3SAYJWSW10 
     -------------------------------------  -------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; (iv) each place where transactions have been conducted 
     ----------------------------------------------------------------------------- 
 a)   Description of financial instrument,   Options in respect of the LTIP over 
       type of instrument                     ordinary shares of 1p each 
     -------------------------------------  -------------------------------------- 
      Identification Code                    GB00BY7QYJ50 
     -------------------------------------  -------------------------------------- 
 b)   Nature of the transaction              Issue of options 
     -------------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)                 93,468 options with an exercise price 
                                              of one pence 
     -------------------------------------  -------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                       n/a 
 
 
             *    Price 
     -------------------------------------  -------------------------------------- 
 e)   Date of the transaction                16 July 2021 
     -------------------------------------  -------------------------------------- 
 f)   Place of the transaction               Outside a trading venue 
     -------------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                   Ben Wilkinson 
     -------------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status                      Chief Financial Officer (and PDMR) 
     -------------------------------------  -------------------------------------- 
 b)   Initial notification / amendment       Initial notification 
     -------------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                                   Draper Esprit plc 
     -------------------------------------  -------------------------------------- 
 b)   LEI                                    213800IPCR3SAYJWSW10 
     -------------------------------------  -------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; (iv) each place where transactions have been conducted 
     ----------------------------------------------------------------------------- 
 a)   Description of financial instrument,   Options in respect of the LTIP over 
       type of instrument                     ordinary shares of 1p each 
     -------------------------------------  -------------------------------------- 
      Identification Code                    GB00BY7QYJ50 
     -------------------------------------  -------------------------------------- 
 b)   Nature of the transaction              Issue of options 
     -------------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)                 91,497 options with an exercise price 
                                              of one pence 
     -------------------------------------  -------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                       n/a 
 
 
             *    Price 
     -------------------------------------  -------------------------------------- 
 e)   Date of the transaction                16 July 2021 
     -------------------------------------  -------------------------------------- 
 f)   Place of the transaction               Outside a trading venue 
     -------------------------------------  -------------------------------------- 
 

For further information, please contact:

 
Draper Esprit plc 
 Martin Davis (Chief Executive Officer) 
 Ben Wilkinson (Chief Financial Officer)   +44 (0)20 7931 8800 
Numis Securities 
 Nominated Adviser & Joint Broker 
 Simon Willis 
 Richard Thomas 
 Jamie Loughborough                        +44 (0)20 7260 1000 
Goodbody Stockbrokers 
 Euronext Growth Adviser & Joint Broker 
 Don Harrington 
 Charlotte Craigie 
 Dearbhla Gallagher                        +44 (0) 20 3128 8570 
Powerscourt 
 Public relations                          +44 (0)7970 246 725 
 Elly Williamson                            / 
 Jane Glover                                +44 (0)7961 628 862 
 

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END

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July 19, 2021 11:06 ET (15:06 GMT)

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