Certain
information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the
United Kingdom. Upon publication
of this Announcement, this information is now considered to be in
the public domain.
18 February 2025
Tap
Global Group Plc
("Tap
Group" or the "Company")
Grant
of Employee Options
Tap Global
Group Plc (AQSE: TAP), the FinTech app bridging the gap between
traditional finance and blockchain technology, announces the grant
of share options over ordinary £0.001 shares (“Ordinary Shares”) to
certain employees, as an incentive to drive long-term business
growth, on the terms set out below (“Employee Options”):
|
Employee
Options to be granted:
|
33,000,000
|
|
Exercise
price:
|
3p
|
|
Validity:
|
10 years
from date of grant
|
|
Vesting
criteria:
|
Vesting in
three equal tranches on the first, second and third anniversaries
of the date of grant
|
Among the
recipients of Employee Options are the Company’s Chief Financial
Officer and Chief Compliance Officer who are deemed by the Company
to be persons discharging managerial responsibilities (“PDMRs”).
Further disclosures regarding the grants to PDMRs follow in the
Appendix below.
Peter Wall, Chairman of Tap Group,
commented:
“Among
my priorities is fostering a culture of ambition and operational
excellence within a lean and highly motivated team. This incentive
package ensures employees’ interests are closely aligned with those
of our shareholders as we work as a unit to deliver explosive and
sustainable growth.”
The Directors of the Company accept responsibility for the contents
of this announcement.
Enquiries:
|
Tap Global Group Plc
Arsen Torosian, Chief Executive Officer
|
via Vigo Consulting
|
|
Peterhouse Capital Limited
(Aquis Growth Market Corporate Advisor)
|
+44 (0)20 7220 9795
|
|
Tennyson Securities
(Broker)
Peter Krens
Alan Howard
|
+44 (0)20 7186 9030
|
|
Vigo Consulting
(Investor Relations)
Ben Simons
Kendall Hill
Peter Jacob
|
+44 (0)20 7390 0230
tapglobal@vigoconsulting.com
|
About
Tap Global Group Plc
Tap Global Group Plc (“Tap Group”) bridges the gap between
traditional finance and blockchain technology. It offers over
380,000 individual and business customers an innovative and fully
integrated fiat payments and cryptocurrency settlement service
including access to several major cryptocurrency exchanges. Through
the Tap app, customers can trade up to 48 cryptocurrencies and
store them directly in their customer wallet, while benefiting from
proprietary AI middleware for real-time best-execution and
pricing.
Tap Group’s European business, Tap Global Limited, was the first
cryptocurrency FinTech company to be approved by Mastercard in
Europe. Through the Tap card,
European users can convert their cryptocurrencies to fiat and spend
at more than 37 million merchant locations worldwide.
Investor website:
www.investor.tap.global
Tap
Group’s operating subsidiaries
Tap Global Limited serves the European customer base and is
registered in Gibraltar and
licensed and regulated by the Gibraltar Financial Services
Commission under the DLT with licence No. 25532.
Tap Americas LLC serves the US customer base and is a limited
liability company organised under the laws of the state of
Florida. Cryptocurrency services
are provided by Zero Hash, a Chicago-based B2B2C crypto infrastructure
platform.
Learn more:
www.withtap.com
Follow
us on social media:
LinkedIn:
https://www.linkedin.com/company/tapglobal/
X (formerly Twitter):
https://twitter.com/TapGlobalPlc
Appendix - Notification and public disclosure of
transactions by persons discharging managerial responsibilities and
persons closely associated with them.
|
1
|
Details
of the person discharging managerial responsibilities / person
closely associated
|
|
a)
|
Name
|
Steven
Borg
|
|
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
|
Tap Global
Group Plc
|
|
b)
|
LEI
|
213800BF6GRJEOAQNP31
|
|
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
|
Options
Ordinary Shares
|
|
|
|
|
Identification
code
|
GB00BMVSDN09
|
|
|
|
|
b)
|
Nature of
the transaction
|
Grant of
options over ordinary shares
|
|
c)
|
Price(s)
and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
3p
|
3,000,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated
information
|
Single
transaction as in 4 c) above
|
|
|
|
|
-
Aggregated volume
|
|
Price(s)
|
Volume(s)
|
|
3p
|
3,000,000
|
|
|
|
|
|
-
Price
|
|
|
|
|
|
e)
|
Date of
the transaction
|
18
February 2025
|
|
f)
|
Place of
the transaction
|
N/A
|
|
1
|
Details
of the person discharging managerial responsibilities / person
closely associated
|
|
a)
|
Name
|
Chu Dao
Mao
|
|
2
|
Reason
for the notification
|
|
a)
|
Position/status
|
Chief
Compliance Officer
|
|
b)
|
Initial
notification /Amendment
|
Initial
notification
|
|
3
|
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tap Global
Group Plc
|
|
b)
|
LEI
|
213800BF6GRJEOAQNP31
|
|
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
|
Options
over Ordinary Shares
|
|
|
|
|
Identification
code
|
GB00BMVSDN09
|
|
|
|
|
b)
|
Nature of
the transaction
|
Grant of
options over ordinary shares
|
|
c)
|
Price(s)
and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
3p
|
2,400,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated
information
|
Single
transaction as in 4 c) above
|
|
|
|
|
-
Aggregated volume
|
|
Price(s)
|
Volume(s)
|
|
3p
|
2,400,000
|
|
|
|
|
|
-
Price
|
|
|
|
|
|
e)
|
Date of
the transaction
|
18
February 2025
|
|
f)
|
Place of
the transaction
|
N/A
|
