Issue of Options

Dillistone Group Plc
(“Dillistone”, the “Company” or the “Group”)
Issue of Options

Dillistone Group Plc, the AIM quoted supplier of software and services to recruiters, announces the grant on 10 February 2021 of options over 500,000 Ordinary Shares of 5p each in Dillistone (the “Options”) to certain of its Directors and other members of staff.

Options over 450,000 Ordinary Shares were granted, exercisable within 3 to 10 years but subject to performance conditions, to six Directors and other senior managers under the Company’s LTIP scheme with an exercise price of 22p per share. Details of the grants to Directors are set out below.  The remuneration committee has approved the grant of options and the thresholds which are challenging.

Status LTIP option grant at 22p No. Options held post Grant including
Savings Related Share Options
Current Shareholding
in Company
Jason Starr Director 50,000 70,000 3,577,591
Julie Pomeroy Director 50,000 93,146 63,733
Alex James Director 50,000 86,250 112,744
Simon Warburton Director 50,000 150,646 77,290
Paul Mather Director 50,000 206,292* 32,177
Steve Hammond PDMR 50,000 136,250 0
Total 300,000 742,584 3,863,535

* Paul Mather’s interest includes options over 58,146 shares granted to his spouse as an employee.

In addition, options over 50,000 Ordinary Shares with an exercise price of 22p per share were granted, exercisable within 3 to 10 years but without performance conditions, to other members of staff.

Following this grant, the Company has 1,806,337 Ordinary Shares under option, representing 9.18% of the current issued share capital of the Company.

Commenting on the grant, Giles Fearnley, Non Executive Chairman at Dillistone said:
“This grant of options is to incentivise staff as the Group focuses on returning to profitability with its new products, the benefits of recent restructuring and as we emerge from the pandemic.”

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.


Jason Starr Chief Executive via Walbrook PR
Julie Pomeroy Finance Director via Walbrook PR
Chris Fielding WH Ireland Limited (Nominated Adviser) 020 7220 1650
Tom Cooper/Paul Vann Walbrook PR 020 7933 8780
0797 122 1972

Notes to Editors:

Dillistone Group Plc is a leader in the supply and support of software and services to recruiters. Dillistone operates through the Ikiru People brand.

The Group develops, markets and supports the Talentis, FileFinder, Infinity, Midoffice, ISV and GatedTalent products.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.  The Group employs around 90 people globally with offices in Basingstoke, Southampton, New Jersey and Sydney.

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