Grant of Options

Actual Experience PLC

28 July 2023

 

28 July 2023

Actual Experience plc
(the "Company" or "Actual Experience")

Grant of Options

Actual Experience plc (AIM: ACT), the analytics-as-a-service company, announces that on 27 July 2023 it granted options ("Options") over 14,496,920 ordinary shares of 0.2 pence each in the capital of the Company ("Ordinary Shares") to certain employees and Directors of the Company. The Options have been granted under the Actual Experience Plc Value Creation Plan, which entitles the Option holders, as a group, to share a total of 6.8% of the growth in value of the Company above a hurdle share price of 5.00 pence share (up to a maximum share price of 148.65 pence per share).

The Options have an exercise price of 1.23 pence, being the Company's closing share price on the day prior to grant, and vest in two equal tranches on 27 July 2026 and 27 July 2027, subject to the Company's share price at these dates exceeding 5.00 pence. The Options, once vested, can be exercisable anytime up until the 10th anniversary of the date of grant.  

Two Directors of the Company have been granted options over a total of 8,101,220 Ordinary Shares as follows:

Director	Title	Number of Options granted	Total number of Options held following grant
Iain McCready	CEO	5,969,320	5,969,320
Steve Bennetts	CFO	2,131,900	3,159,150

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

For further information visit www.actual-experience.com  follow on twitter @ActualExp, or contact:

Actual Experience plc Iain McCready, CEO Steve Bennetts, CFO	Tel: [phone]
Singer Capital Markets Advisory LLP Shaun Dobson James Fischer	Tel: [phone]
Turner Pope Investments (TPI) Ltd James Pope Andy Thacker	Tel: + 44 (0)203 657 0050

Flagstaff Strategic and Investor Communications Tim Thompson Mark Edwards Andrea Seymour Anna Probert

Tel: [phone] [e-mail]

About Actual Experience

Actual Experience's goal is to make the digital world work for everyone, everywhere, all of the time. As the working world evolves post-pandemic, the global shift to a flexible hybrid model has brought with it a significant challenge; how do businesses create an environment that gives their people what they need to thrive, whilst protecting the commercial efficiency of the business and driving growth at the same time?

For further information please visit www.actual-experience.com

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Iain McCready
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Actual Experience plc
b)	LEI	213800UI9OUTXKWLMK28
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 0.2 pence each GB00BJ05QC14
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price	Volume
		£0.0123	5,969,320 shares
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	27 July 2023
f)	Place of the transaction	Off Market Transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Bennetts
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Actual Experience plc
b)	LEI	213800UI9OUTXKWLMK28
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 0.2 pence each GB00BJ05QC14
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price	Volume
		£0.0123	2,131,900 shares
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	27 July 2023
f)	Place of the transaction	Off Market Transaction

 

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