REG - Adsure Services PLC - Grant of Options

AberdeenAnnouncement

Yesterday 08:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250827:nRSa7600Wa&default-theme=true

RNS Number : 7600W  Adsure Services PLC  27 August 2025

27 August 2025

 

Adsure Services PLC

("Adsure" or the "Company")

 

Grant of Options

 

Adsure Services PLC ("Adsure"), the holding company for TIAA Limited
(together, "the Group"), a specialist business assurance provider, announces
the grant of options over new ordinary shares of £0.005 each in the Company.
Options have been granted in respect of a total of 62,855 new Ordinary Shares
to members of staff, representing 0.59 per cent. of the Company's current
issued share capital (the "Options").

 

As announced on 29 November 2024, the Company established a Company Share
Option Plan ("CSOP"). The Board recognises that employees are critical to the
long-term success of Adsure Services PLC. The Company continually reviews its
overall benefits package to maximise its value to employees and improve
strategies for recruitment, reward and retention of staff.

 

The Options have an exercise price of 30 pence per share, being the mid-price
at the close over the preceding day prior to CSOP. The Options have been
granted with performance conditions and certain financial conditions being met
which include EBITDA for TIAA Limited increasing by at least 10% over the
previous year, for the year ended 31 March 2025 and 31 March 2026, adjusted
for a change in the Consumer Price index. On the 11 August 2025, the Company
announced its Final Results for the year ended 31 March 2025 and therefore
financial performance conditions in respect of 7,903 Options have been met.
All options are conditional on the continued employment of the recipient at
the date of exercise and shall expire on the tenth anniversary of the grant
date.

 

Following the grant of the Options, the Company will have options outstanding
over 955,895 ordinary shares, representing 9.03% of the Company's issued share
capital.

 

 

-Ends-

 

For more information and the chance to have your questions directly answered
by the management team, please head to our interactive investor hub via:
https://investors.adsureservicesplc.co.uk/link/yzjYBy. Here you will find all
company news and additional content to further explain Adsure's strategy and
investment case.

 

Engage with the Adsure Services management team directly by asking questions,
watching video
summaries and seeing what other shareholders have to say.
Navigate to our Interactive investor hub here:
https://investors.adsureservicesplc.co.uk/link/yzjYBy.

 

 

 Adsure Services PLC

 Kevin Limn, Chief Executive Officer

 Engage with the company directly                      +44 (0) 845 300 3333

                                                       https://investors.adsureservicesplc.co.uk/s/435bf4
 Guild Financial Advisory Limited - Corporate Adviser

 Ross Andrews                                          +44 (0)7973 839767

                                                       ross.andrews@guilfin.co.uk (mailto:ross.andrews@guilfin.co.uk)

 Evangeline Klaassen                                   +44 (0)7972 841276

                                                       evangeline.klaassen@guildfin.co.uk (mailto:evangeline.klaassen@guildfin.co.uk)
 Redchurch Communications - Financial PR & IR

 John Casey / Nicky Bagheri                            +44 (0) 207 7870 3974

                                                       ads@weareredchurch.com (mailto:ads@weareredchurch.com)

 

 

About Adsure Services

 

Adsure Services PLC is a leading audit and assurance services provider,
dedicated to delivering high-quality financial review and compliance
solutions. Through investment in innovative technology and AI-driven
solutions, the Company is focused on enhancing efficiency and accuracy in the
audit sector.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NEXKQLFLEVLLBBZ