Director/PDMR Shareholding

/**/

RNS Number : 2125M Satsuma Technology PLC 19 December 2025  

19 December 2025 Satsuma Technology PLC ('Satsuma' or the 'Company') Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") Satsuma Technology PLC (LSE: SATS) announces that the Company has granted options to each of Henry Elder and Andrew Smith, in accordance with the terms of the Satsuma Technology PLC (Employees) Share Option Plan, to subscribe for 560,195,010 Ordinary Shares and 168,058,503 new Ordinary Shares respectively, vesting equally over 4 years, at an exercise price of (i) £0.01 per Ordinary Share for those options vesting on the first and second anniversary from the date of the grant, and (ii) £0.02 per Ordinary Share for those options vesting on the third and fourth anniversary from the date of the grant. In addition, further to the conversion of the loan notes as announced on 17 December 2025, the Company has allotted and issued 50,000,000 Ordinary Shares to Henry Elder on 18 December 2025. Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities under UK MAR  

1  

Details of the person discharging managerial responsibilities / person closely associated  

a)  

Name    

Henry Elder

2  

Reason for the notification  

a)  

Position/status    

PDMR - CEO

b)  

Initial notification /Amendment    

Initial

3  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

a)  

Name    

Satsuma Technologies PLC 

b)  

LEI    

984500FV43C9G16DK633

4  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted  

a)  

Description of the financial instrument, type of instrument   Identification code    

Ordinary Shares of £0.001 each       GB00BMFCRZ80

b)  

Nature of the transaction  

Grant of options to subscribe for Ordinary Shares  

c)  

Price(s) and volume(s)  



Price(s)  

Volume(s)

Nil

560,195,010 

   

d)  

Aggregated information - Aggregated volume - Price

  N/A  

e)  

Date of the transaction  

14 December 2025  

f)  

Place of the transaction

Outside a trading venue

 

1  

Details of the person discharging managerial responsibilities / person closely associated  

a)  

Name    

Henry Elder

2  

Reason for the notification  

a)  

Position/status    

PDMR - CEO

b)  

Initial notification /Amendment    

Initial

3  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

a)  

Name    

Satsuma Technologies PLC 

b)  

LEI    

984500FV43C9G16DK633

4  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted  

a)  

Description of the financial instrument, type of instrument   Identification code    

Ordinary Shares of £0.001 each       GB00BMFCRZ80

b)  

Nature of the transaction  

Issue of new Ordinary Shares following conversion of the convertible loan notes  

c)  

Price(s) and volume(s)  



Price(s)  

Volume(s)

£0.002

50,000,000 

   

d)  

Aggregated information - Aggregated volume - Price

  N/A  

e)  

Date of the transaction  

18 December 2025  

f)  

Place of the transaction

London Stock Exchange

   

1  

Details of the person discharging managerial responsibilities / person closely associated  

a)  

Name    

Andrew Smith

2  

Reason for the notification  

a)  

Position/status    

PDMR - CFO

b)  

Initial notification /Amendment    

Initial

3  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

a)  

Name    

Satsuma Technologies PLC 

b)  

LEI    

984500FV43C9G16DK633

4  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted  

a)  

Description of the financial instrument, type of instrument   Identification code    

Ordinary Shares of £0.001 each       GB00BMFCRZ80

b)  

Nature of the transaction  

Grant of options to subscribe for Ordinary Shares  

c)  

Price(s) and volume(s)  



Price(s)  

Volume(s)

Nil

168,058,503

   

d)  

Aggregated information - Aggregated volume - Price

  N/A  

e)  

Date of the transaction  

14 December 2025  

f)  

Place of the transaction

Outside a trading venue

       

Satsuma Technology PLC                Henry K. Elder, CEO Data Counsel                                     Steffan Williams                                 William Barker

+44 (0)20 3855 8888    satsuma@datacounsel.uk +44 (0)7767 345 563 +44 (0)7534 068 657

   

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.  END  DSHPKCBDKBDKQBD