Tap Global Group Plc - Grant of Employee Options

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

 

18 February 2025

 

Tap Global Group Plc

("Tap Group" or the "Company")

 

Grant of Employee Options

 

Tap Global Group Plc (AQSE: TAP), the FinTech app bridging the gap between traditional finance and blockchain technology, announces the grant of share options over ordinary £0.001 shares (“Ordinary Shares”) to certain employees, as an incentive to drive long-term business growth, on the terms set out below (“Employee Options”):

 

 

Among the recipients of Employee Options are the Company’s Chief Financial Officer and Chief Compliance Officer who are deemed by the Company to be persons discharging managerial responsibilities (“PDMRs”). Further disclosures regarding the grants to PDMRs follow in the Appendix below.

 

Peter Wall, Chairman of Tap Group, commented:

 

“Among my priorities is fostering a culture of ambition and operational excellence within a lean and highly motivated team. This incentive package ensures employees’ interests are closely aligned with those of our shareholders as we work as a unit to deliver explosive and sustainable growth.”

 

The Directors of the Company accept responsibility for the contents of this announcement.

 

Enquiries:

 

 

About Tap Global Group Plc

 

Tap Global Group Plc (“Tap Group”) bridges the gap between traditional finance and blockchain technology. It offers over 380,000 individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade up to 48 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.

 

Tap Group’s European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide.

 

Investor website:

www.investor.tap.global

Tap Group’s operating subsidiaries

 

Tap Global Limited serves the European customer base and is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532.

 

Tap Americas LLC serves the US customer base and is a limited liability company organised under the laws of the state of Florida. Cryptocurrency services are provided by Zero Hash, a Chicago-based B2B2C crypto infrastructure platform.

 

Learn more:

www.withtap.com

Follow us on social media:

 

LinkedIn:

https://www.linkedin.com/company/tapglobal/

X (formerly Twitter):

https://twitter.com/TapGlobalPlc

 

Appendix - Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.