MOLTEN VENTURES PLC
(“Molten Ventures”, the “Company” or the “Group”)
Notification of transactions by persons discharging managerial responsibilities (“PDMRs”)
Molten Ventures plc (LSE: GROW) announces that on 27 July 2026 Stuart Chapman, an Executive Director of the Company, exercised in aggregate 304,576 options over ordinary shares of 1p each in the Company that had vested under the Company’s 2016 Company Share Option Plan (the “CSOP”), 2021 Long-Term Incentive Plan (the “LTIP”) and 2021 Deferred Bonus Plan (the “DBP”).
On exercise, 268,245 ordinary shares were sold in the market through the Company’s Employee Benefit Trust (the “EBT”) at an average price of £6.162674 per share to fund the aggregate exercise price and the associated income tax and employee’s National Insurance contributions. The balance of 36,331 vested awards was settled in cash by the Company rather than in shares, at a cash amount equivalent to the market value per share.
Following these transactions, Stuart Chapman’s beneficial shareholding in the Company remains 1,054,756 ordinary shares, representing approximately 0.61% of the Company’s issued ordinary share capital.
The notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, provide further detail.
Transaction 1 – Exercise of options
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a) Name
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Stuart Chapman
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2
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Reason for the notification
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a) Position / status
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Executive Director
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b) Initial notification / amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) Name
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Molten Ventures plc
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b) LEI
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213800IPCR3SAYJWSW10
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4
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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
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a) Description of the financial
instrument, type of instrument
Identification code
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Ordinary shares of 1p each
GB00BY7QYJ50
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b) Nature of the transaction
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Exercise of options over ordinary shares vested under the Molten Ventures plc 2016 Company Share Option Plan (“CSOP”), 2021 Long-Term Incentive Plan (“LTIP”) and 2021 Deferred Bonus Plan (“DBP”)
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c) Price(s) and volume(s)
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Price(s)
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Volume(s)
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£3.87 per share
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234,835 (CSOP)
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£0.01 per share
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19,047 (LTIP)
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£0.01 per share
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50,694 (DBP)
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d) Aggregated information
- Aggregated volume
- Price
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304,576
£2.99 per share (weighted average exercise price)
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e) Date of the transaction
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27 July 2026
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f) Place of the transaction
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Outside a trading venue (XOFF)
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Transaction 2 – Sale of shares
|
1
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Details of the person discharging managerial responsibilities / person closely associated
|
|
a) Name
|
Stuart Chapman
|
|
2
|
Reason for the notification
|
|
a) Position / status
|
Executive Director
|
|
b) Initial notification / amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a) Name
|
Molten Ventures plc
|
|
b) LEI
|
213800IPCR3SAYJWSW10
|
|
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 1p each
GB00BY7QYJ50
|
|
b) Nature of the transaction
|
Sale of ordinary shares (through the Molten Ventures Employee Benefit Trust) following the exercise of options, to fund the aggregate exercise price, associated income tax and employee’s National Insurance contributions, with the balance retained by / paid to the PDMR
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c) Price(s) and volume(s)
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Price(s)
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Volume(s)
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£6.162674 per share
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268,245
|
|
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d) Aggregated information
- Aggregated volume
- Price
|
268,245
£6.162674 per share
|
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e) Date of the transaction
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27 July 2026
|
|
f) Place of the transaction
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London Stock Exchange (XLON)
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Transaction 3 – Cash cancellation of vested awards
|
1
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Details of the person discharging managerial responsibilities / person closely associated
|
|
a) Name
|
Stuart Chapman
|
|
2
|
Reason for the notification
|
|
a) Position / status
|
Executive Director
|
|
b) Initial notification / amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a) Name
|
Molten Ventures plc
|
|
b) LEI
|
213800IPCR3SAYJWSW10
|
|
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 1p each
GB00BY7QYJ50
|
|
b) Nature of the transaction
|
Cash cancellation of vested awards. The balance of the PDMR’s vested awards was settled in cash by the Company rather than in shares, at a cash amount equivalent to the market value per share
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c) Price(s) and volume(s)
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|
Price(s)
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Volume(s)
|
|
£6.162674 per share
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36,331
|
|
|
d) Aggregated information
- Aggregated volume
- Price
|
36,331
£6.162674 per share
|
|
e) Date of the transaction
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27 July 2026
|
|
f) Place of the transaction
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Outside a trading venue (XOFF)
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Enquiries
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Molten Ventures plc
Gareth Faith (Company Secretary)
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+44 (0)20 7931 8800
cosec@molten.vc
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Deutsche Numis
Joint Financial Adviser and Corporate Broker
Joshua Hughes
Liam Kingsmill
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+44 (0)20 7260 1000
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Berenberg
Joint Financial Adviser and Corporate Broker
Ben Wright
Harry Nicholas
Mark Whitmore
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+44 (0)20 3207 7800
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Sodali & Co
Public relations
Elly Williamson
Sam Austrums
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+44 (0)7889 297 217
molten@sodali.com
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About Molten Ventures
Molten Ventures is one of Europe’s leading venture capital firms, developing and investing in high-growth technology companies. It invests across four core sectors — Enterprise & SaaS, AI, Deeptech & Hardware, Consumer Technology, and Digital Health — with a team of highly experienced partners continuously seeking new opportunities across these domains.
Listed on the London Stock Exchange (LSE: GROW), Molten Ventures offers public market investors access to a portfolio of fast-growing technology businesses, providing liquidity and diversification unavailable in traditional venture structures. Since its IPO in June 2016, Molten has deployed over £1 billion of capital and realised more than £750 million as at 31 March 2026.
For further details, please visit: https://investors.moltenventures.com/investor-relations/plc