31 December 2024
NETCALL PLC
("Netcall", the "Company" or
the "Group")
Establishment of New
Long-Term Incentive Plan
Exercise of Options and
Director Dealing
Netcall plc (AIM:NET), a leading
provider of intelligent automation and customer engagement
software, announces the establishment of a new long-term incentive
plan (the "2024 LTIP") and
the granting of awards pursuant to the LTIP.
The Board recognises the importance
of equity incentive schemes as a means to incentivise the Company's
executive board members, wider senior management team and employees
("Participants"), ensuring
alignment with the objectives of the Group and its shareholders.
The 2024 LTIP has been established to encourage long-term value
creation for the Company's stakeholders and to align the interests
of the Participants with shareholders. Awards made under the LTIP
are in the form of nominal cost share options subject to the
achievement of certain performance criteria ("LTIP Awards").
LTIP Awards
The Company announces that on 30
December 2024 it granted options ("Options") over ordinary shares
of 5p each in the Company ("Ordinary Shares") to certain directors
of the Company ("Directors") as set out in the table
below:
|
Name of Director
|
Position
|
Number of existing Options
|
Number of new Options granted
|
Total Options now held
|
|
Mr. James Ormondroyd
|
Chief Executive Officer
|
0
|
4,100,000
|
4,100,000
|
|
Mr. Richard Hughes
|
Chief Financial Officer
|
0
|
1,200,000
|
1,200,000
|
The Options have been granted under
the 2024 LTIP and have an exercise price of 5 pence. The Options
are exercisable from 30 December 2026 until 30 June 2032 and are
subject to certain performance and vesting criteria. The
performance criteria include the achievement of various share price
hurdles based on the average share price over 50 business days
starting at £1.06 up to a maximum share price of £2.40 and other
customary corporate events. The LTIP Awards are subject to a
two-year lock-in period from the date of vesting.
Following the grant of the Options,
the total number of Ordinary Shares under option held by the
Directors which could be issued if all of the performance criteria
are met is 5,300,000 Ordinary Shares, representing approximately
3.2% per cent. of the current issued share capital of the
Company.
For
further enquiries, please contact:
|
Netcall plc
|
Tel. +44 (0) 330 333
6100
|
|
James Ormondroyd, CEO
Henrik Bang, Non-Executive
Chair
Richard Hughes, CFO
|
|
|
|
|
|
Canaccord Genuity Limited (Nominated Adviser and
Joint Broker)
|
Tel. +44 (0) 20 7523
8000
|
|
Simon Bridges / Andrew
Potts
|
|
|
|
|
|
Singer Capital Markets (Joint Broker)
|
Tel. +44 (0) 20 7496
3000
|
|
Charles Leigh-Pemberton / Asha
Chotai
|
|
|
|
|
|
Alma Strategic Communications
|
Tel. +44 (0) 20 3405
0205
|
|
Caroline Forde / Hilary Buchanan /
Emma Thompson
|
|
About Netcall
Netcall's Liberty software platform
with Intelligent Automation and Customer Engagement solutions helps
organisations digitally transform their businesses faster and more
efficiently, empowering them to create a leaner, more
customer-centric organisation.
Netcall's customers span enterprise,
healthcare and government sectors. These include two-thirds of the
NHS Acute Health Trusts and leading corporates including Legal and
General, Lloyds Banking Group, Aon and Santander.
For further information, please go
to www.netcall.com.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
James Ormondroyd
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
b)
|
Initial
notification/Amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Netcall plc
|
|
b)
|
LEI
|
213800GZHEAA98QBJY98
|
|
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
|
|
Identification code
|
GB0000060532
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
5 pence
|
4,100,000
|
|
|
d)
|
Aggregated information:
Aggregated volume
Price
|
4,100,000 shares at an exercise
price of 5 pence per Ordinary Share
|
|
e)
|
Date of the transaction
|
30 December 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Richard Hughes
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial
notification/Amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Netcall plc
|
|
b)
|
LEI
|
213800GZHEAA98QBJY98
|
|
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
|
|
Identification code
|
GB0000060532
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
5 pence
|
1,200,000
|
|
|
d)
|
Aggregated information:
Aggregated volume
Price
|
1,200,000 Ordinary Shares at an
exercise price of 5 pence per Ordinary Share
|
|
e)
|
Date of the transaction
|
30 December 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
