Director/PDMR Shareholding

RNS Number : 6211Y
Aeorema Communications Plc
23 August 2018
 

23 August 2018

 

Aeorema Communications plc

 

("Aeorema" or the "Company")

 

Grant of Options to Directors

 

Aeorema Communications plc announces that further to its announcement of 17 November 2017 regarding the grant of options to Steve Quah and Andrew Harvey, both directors of the Company, these options have been surrendered and re-granted for administrative reasons in connection with the Company's EMI share option scheme.  

 

The Company has granted a total of 600,000 options to directors of the Company, under its EMI share option scheme, as follows:

 

Name

Title

Number of Options granted

Total options held following grant

Steve Quah

Joint Managing Director

300,000

600,000

Andrew Harvey

Joint Managing Director

300,000

300,000

 

The options have an exercise price of 29p, being the average closing mid-market share price of an Ordinary Share on AIM in the thirty days ended 22 August 2018. The options vest on 17 November 2020 and can be exercised in the period from 17 November 2020 until 5:00pm on the business day before the tenth anniversary of the date of grant, being 22 August 2018.

 

 

For further information visit www.aeorema.com or contact:

 

Mike Hale

Aeorema Communications plc

 

Tel: +44 (0) 20 7291 0444

John Depasquale / Liz Kirchner

Allenby Capital Limited (Nominated Adviser and Broker)

 

Tel: +44 (0)20 3328 5656

Charlotte Page / Isabel de Salis

St Brides Partners Ltd   

Tel: +44 (0) 20 7236 1177

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 

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

Steve Quah

2

Reason for notification

 

 

 

a.

Position/Status

Joint Managing Director

b.

Initial notification/

Amendment

Initial Notification

3

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

a.

Name

Aeorema Communications plc

b.

LEI

213800PJBW6O7NDCKJ08

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 of 12.5p each

 

ISIN: GB00B4QHH456

b.

Nature of the transaction

Grant of options under the EMI Share Scheme

c.

Price(s) and volume(s)

Option awarded over 300,000 shares at an exercise price of 29p per share

 

d.

Aggregated information

- Aggregated Volume

- Price

N/A - Single Transaction

e.

Date of the transaction

22 August 2018

f.

Place of the transaction

Outside of trading venue

 

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

Andrew Harvey

2

Reason for notification

 

 

 

a.

Position/Status

Joint Managing Director

b.

Initial notification/

Amendment

Initial Notification

3

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

a.

Name

Aeorema Communications plc

b.

LEI

213800PJBW6O7NDCKJ08

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 of 12.5p each

 

ISIN: GB00B4QHH456

b.

Nature of the transaction

Grant of options under the EMI Share Scheme

c.

Price(s) and volume(s)

Option awarded over 300,000 shares at an exercise price of 29p per share

 

d.

Aggregated information

- Aggregated Volume

- Price

N/A - Single Transaction

e.

Date of the transaction

22 August 2018

f.

Place of the transaction

Outside of trading venue

 

 


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