Gattaca plc (LON:GATC) Chief Executive Officer Matthew Wragg joins DirectorsTalk Interviews to discuss its audited financial results for the year ended 31 July 2023.
Matthew talks us through the financial highlights, its continuing focus on developing the four identified strategic priorities, Board Changes, a dividend update, and what we can expect from the company over the next year.
Gattaca also announced today that it has been informed by Matthew Wragg, Chief Executive Officer of the Company, that he purchased 27,536 Ordinary Shares of a penny each in the Company at a price of 108.90 pence per share on 24 October 2023.
Mr Wragg’s total interest in the Company is now 107,045 Shares, representing approximately 0.34% of the Company’s issued share capital.
The company went on to announce that it has instructed Apex Financial Services (Trust Company) Limited, which administers the Gattaca Employee Benefit Trust (“EBT”), to start making market purchases of the Company’s existing ordinary shares of one penny each in order to satisfy potential future option exercises.
It is the intention of the Board that the EBT will undertake market purchases up to approximately 240,000 Shares in aggregate over the coming months in ten equal instalments. The requirement for on-market purchases is assessed on an annual basis, depending on the vesting schedule of existing unexercised options and anticipated new option grants, together with the balance of ordinary shares already held by the EBT.
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