REG - Aeorema Comms Plc - Director/PDMR Shareholding
RNS Number : 6211YAeorema Communications Plc23 August 201823 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 CodeOptions 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 CodeOptions 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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