Company Announcements

Grant of Options

Source: RNS
RNS Number : 5106A
ActiveOps PLC
15 August 2024
 

15 August 2024 

 

ActiveOps plc 

("ActiveOps", the "Company" or the "Group") 

Grant of Options

 

ActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence for service operations, announces that on 13 August 2024 it granted 1,090,589 options over ordinary shares under the Group's Performance Share Plan ("PSP"). These are conditional performance related options and include an award to Emma Salthouse, Chief Financial Officer and James Bawa, Group Managing Director, as below.

Director / PDMR

No. of Options

Emma Salthouse, CFO

56,198

James Bawa, Group Managing Director (PDMR)

206,612


The Options will vest on the third anniversary of the grant, at an exercise price of 0.1 pence per share, subject to the achievement of performance criteria related to recurring revenue growth and overall revenue growth and the individual to whom the grant was made remaining in employment with the Group on that date.

The notifications below are made in accordance with the requirements of the UK Market Abuse Regulation:

 


1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

1.     Emma Salthouse

2.     James Bawa

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.     Chief Financial Officer

2.     Group Managing Director

 

b)

 

Initial notification /Amendment

 

 

Initial Notification.

3

 

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

 

a)

 

Name

 

 

ActiveOps plc

b)

 

LEI

 

 

213800RHBFOK6YNI3B30

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

Ordinary shares of 0.1 pence each

 



Identification code

ISIN Code: GB00BLH37Y17



b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares of 0.1 pence each

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




1.           0.1p

1.      56,198




2.           0.1p

2.      206,612







d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

 

Date of the transaction

 

 

13 August 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

For more information, please contact:

 

ActiveOps

Via Alma

Richard Jeffery, Chief Executive Officer

www.activeops.com

Emma Salthouse, Chief Financial Officer



 

Investec Bank plc

+44 (0)20 7597 5970

Corporate Broking & PLC Advisory


Patrick Robb / Nick Prowting


 


Alma Strategic Communications

+ 44(0) 203 405 0205

Caroline Forde / Will Ellis Hancock


 

About ActiveOps

The Company's offerings provide predictive and prescriptive insight to help service operations make better decisions - faster.  The Company's AI-powered SaaS solutions are underpinned by 15+ years of operational data and its AOM methodology that's proven to drive cross department decision-making. 

With Decision Intelligence, ActiveOps' customers deliver MORE - release 20%+ capacity within the first 12 months and boost productivity by 30%+ leading to MORE business impact. Customer turnaround times are improved substantially, costs are reduced, SLAs are met, and employees are happier and more engaged.

The Company has over 170 employees, serving a global customer base of over 80 enterprise customers from offices in the UK, Ireland, USA, Canada, Australia, India and South Africa. The Group's customers are predominantly in the banking, insurance, healthcare administration and business process outsourcing (BPO) sectors, including Nationwide, TD Bank, Elevance and DXC Technology.

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