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LONDON - Mind Gym plc (AIM:MIND), a provider of human capital and business improvement solutions, announced Monday it has granted stock options to employees in the UK, Singapore, and the US under two separate schemes.
The company launched the seventh year of its Save As You Earn (SAYE) Scheme for eligible employees in the UK and Singapore. Options were granted at an exercise price of 14.45 pence per ordinary share, representing a 15% discount to the average closing price across three trading days in June 2025.
According to the press release, 13 out of 141 eligible employees elected to participate in the SAYE Scheme, with a total of 855,900 options granted, representing 0.85% of the company’s issued share capital. Chief Financial Officer Emily Fyffe received 12,698 options under the scheme.
The options were granted on July 11 with a contract start date of August 1, 2025, and will be exercisable from August 1, 2028.
Mind Gym also implemented an Employee Stock Purchase Plan (ESPP) for US employees with options granted at 14.88 pence per ordinary share, a 15% discount to the closing price on the grant date. Only one out of 47 eligible US employees enrolled in this plan, with 2,971 options granted.
The US-based options will be exercisable from July 31, 2026, with purchased shares subject to a 12-month holding period.
No other Persons Discharging Managerial Responsibilities besides the CFO participated in either scheme, according to the company statement.
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