Issue of share options and PDMR dealing
Sagentia Group plc (AIM:SAG) announces that on 22 March 2021 the Company granted options (‘Options’) over 50,000 ordinary shares in its share capital to its recently appointed Chief Financial Officer Designate, Sameet Vohra, under the Company’s Performance Share Plan.
Each of these Options will vest after three years from the date of issue and are exercisable at the nominal value of the share of 1 pence per share for a period of seven years from vesting, provided that certain performance conditions have been satisfied. The Options may vest subject to the achievement of Earnings per Share growth targets in each of the three financial years 2021-2023.
Details of this Director option award are included in the disclosure notices below. Save for the below, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.