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Exercise of Options

·2-min read

LONDON, Jun 15, 2021--(BUSINESS WIRE)--

Wheelsure Holdings plc

("Wheelsure" or the "Group")

Director Shareholding and Total Voting Rights

Wheelsure announces that it has today received an exercise notice from Gerhard Dodl, Chief Executive of the Group, for the exercise of options over 60,000 new ordinary shares in the Group, at an exercise price of 1.625p per share (the "New Shares").

Application has been made for the admission of the New Shares to trading on the AQSE Growth Market ("Admission"). It is ‎expected that Admission will take place at 8.00 a.m. (London time) on or around 18 June 2021. The New Shares will, when issued, be credited as fully paid and will rank pari passu in all respects ‎with the Company’s existing issued ordinary shares.

Total Voting Rights

Following Admission of the New Shares, the Company's issued share capital will consist of 4,013,428 ordinary shares. This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.

Following the above exercise and Admission, Gerhard Dodl is interested in 102,150 ordinary shares, representing 2.55 per cent. of the Group’s issued share capital.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Wheelsure Holdings plc

01525 840 557

Gerhard Dodl, CEO

Cairn Financial Advisers LLP

020 7213 0885

Jo Turner / Liam Murray / Mark Rogers

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Gerhard Dodl

2

Reason for notification

a.

Position/Status

Chief Executive

b.

Initial notification/

Amendment

Initial notification

3

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

a.

Name

Wheelsure Holdings plc

b.

LEI

2138005C1U9IIBMMIM55

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

Options over ordinary shares

ISIN: GB00BM950Z45

b.

Nature of the transaction

Exercise of options

c.

Price(s) and volume(s)

Price(s) per share

Volume(s)

1.625p

60,000

d.

Aggregated information

- Aggregated Volume

- Price

N/A

e.

Date of the transaction

14 June 2021

f.

Place of the transaction

AQSE Growth Market

View source version on businesswire.com: https://www.businesswire.com/news/home/20210614005709/en/

Contacts

Wheelsure Holdings Plc

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