MOLTEN VENTURES PLC 
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 644,318 ordinary shares with a nominal value of 1 pence each in the share capital of the Company ('Ordinary Shares') have been awarded to certain PDMRs of the Company pursuant to the Company Share Option Plan ('CSOP'), as set out below. The Options have an exercise price of 387p and a vesting period of 3 years.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 |
Simon Cook | 234,835 | 469,670 | 2,119,306 |
Stuart Chapman | 234,835 | 469,670 | 2,119,306 |
Ben Wilkinson | 174,648 | 349,296 | 2,479 |
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 | Simon Cook |
2 | Reason for the notification | |
a) | Position / status | CEO |
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, type of instrument | Options in respect of the CSOP over ordinary shares of 1p each |
Identification Code | GB00BY7QYJ50 | |
b) | Nature of the transaction | Issue of options |
c) | Price(s) and volume(s) | 234,835 options with an exercise price of 387 pence |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transaction | 28 November 2017 |
f) | Place of the transaction | London |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Stuart Chapman |
2 | Reason for the notification | |
a) | Position / status | COO |
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, type of instrument | Options in respect of the CSOP over ordinary shares of 1p each |
Identification Code | GB00BY7QYJ50 | |
b) | Nature of the transaction | Issue of options |
c) | Price(s) and volume(s) | 234,835 options with an exercise price of 387 pence |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transaction | 28 November 2017 |
f) | Place of the transaction | London |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Ben Wilkinson |
2 | Reason for the notification | |
a) | Position / status | CFO |
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, type of instrument | Options in respect of the CSOP over ordinary shares of 1p each |
Identification Code | GB00BY7QYJ50 | |
b) | Nature of the transaction | Issue of options |
c) | Price(s) and volume(s) | 174,648 options with an exercise price of 387 pence |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transaction | 28 November 2017 |
f) | Place of the transaction | London |
For further information, please contact:
Draper Esprit plc Simon Cook (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer) | +44 (0)20 7931 8800 |
Numis Securities Nominated Adviser & Joint Broker Alex Ham Richard Thomas Jamie Loughborough Harry Trueman | +44 (0)20 7260 1000 |
Goodbody Stockbrokers ESM Adviser & Joint Broker Don Harrington Linda Hickey Charlotte Craigie Richard Tunney | +353 1 667 0420 |
Belvedere Communications (PR) John West Kim van Beeck | +44 (0)20 3567 0510 |
Draper Esprit plc published this content on 29 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 November 2017 14:37:09 UTC.
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