Grant of Options

RNS Number : 6350D

Aeorema Communications Plc

21 October 2022

 

Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media

21 October 2022

Aeorema Communications plc ('Aeorema' or 'the Company' or 'the Group')

Grant of Options

Aeorema Communications plc, the AIM-traded live events agency, announces that it has granted options ("Options") over new ordinary shares of 12.5 pence each in the Company ("Ordinary Shares").

A total of 110,000 Options have been granted to two senior members of staff ( of which 50,000 Options were granted to Jamie Blackwell) under the Company's EMI share option scheme, representing, in aggregate, 1.19 per cent of the Company's current issued share capital.

The Options are exercisable at 71 pence per Ordinary Share (being the closing mid-market price of an Ordinary Share on 19 October 2022), will vest on the third anniversary of the date of grant and can be exercised from the date of vesting until 5:00 p.m. on the business day before the 10^th anniversary of the date of grant.

In total 1,880,000 options over Ordinary Shares are now outstanding, representing 20.35 per cent of the Company's current issued share capital.

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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jamie Blackwell
2	Reason for the notification
a)	Position/status	Financial Controller
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 in Aeorema Communications plc Identification code (ISIN) for Aeorema Communications plc ordinary shares: GB00B4QHH456
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 71 p 50,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	19 October 2022
f)	Place of the transaction	Outside a trading venue

**ENDS**

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

Andrew Harvey	Aeorema Communications plc	[phone]
John Depasquale/F reddie Wooding (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking)	Allenby Capital Limited (Nominated Adviser and Broker)	[phone]
Catherine Leftley/Charlotte Page	St Brides Partners Ltd (Financial PR)	[e-mail]

 

END

 

 

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