Bytes Technology Group plc CFO Exercises Options and Sells Shares

Bytes Technology Group plc Chief Financial Officer, Andrew Holden, exercised options over 107,015 ordinary shares of 1 pence each under the BTG Performance Share Plan and the BTG Deferred Bonus Plan. Holden then immediately sold 50,664 ordinary shares, acquired under the respective exercises, to cover tax liabilities and the cost of exercise. This notification is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Key Takeaways:

  • On June 20, 2025, Andrew Holden, Chief Financial Officer of Bytes Technology Group plc, exercised options over 107,015 ordinary shares of 1 pence each.
  • Holden exercised options under the BTG Performance Share Plan and the BTG Deferred Bonus Plan.
  • The options were exercised at a price of 0.01 pence per share.
  • Holden then immediately sold 50,664 ordinary shares to cover tax liabilities and the cost of exercise.
  • The shares were sold at a price of 512p per ordinary share.
  • The sale was made to meet the taxation arising on the exercises.
  • The notification is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Statistics:

  • 107,015 options were exercised by Andrew Holden on June 20, 2025.
  • 50,664 ordinary shares were sold by Holden to cover tax liabilities and the cost of exercise.
  • 512p was the price at which the shares were sold.
  • The shares were sold on the London Stock Exchange.

Sources:

  • Bytes Technology Group plc company announcement, June 23, 2025.
  • Article 19 of the UK Market Abuse Regulation.
  • Investec Bank Limited, sponsor of Bytes Technology Group plc.