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Grant of options under Sharesave Scheme

Published: 2022-06-23 13:00:36 ET
<<<  go to JSE:BYI company page
Bytes Technology Group plc
(Incorporated in England and Wales)
(Registered number: 12935776)
LEI: 213800LA4DZLFBAC9O33
Share code: BYI
ISIN: GB00BMH18Q19
(“the Company”)


23 June 2022

                            Grant of options under Sharesave Scheme

On 22 June 2022, the Company granted options over a total of 722,863 ordinary shares of £0.01 each
(“the Options") under the Bytes Technology Group Sharesave Scheme (“the Scheme”). The Options
have been granted to participating employees under the rules of the Scheme, an HM Revenue &
Customs approved scheme introduced to encourage wider employee share ownership of the Company.
The Options are exercisable at a price of £3.72 per ordinary share from 1 August 2025 in accordance
with the rules of the Scheme. The total grant of options under the Scheme in 2022 and 2021 (the latter
exercisable at a price of £4.00 per ordinary share from 1 August 2024) represents 0.55% of the
Company's existing share capital.

Enquiries

 WK Groenewald                                                           Tel: +44 (0)1372 418 992
 Group Company Secretary
 Bytes Technology Group plc

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary
listing on the Johannesburg Stock Exchange.

Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)