REG - Aeorema Comms Plc - Exercise of Options

Aeorema CommunicationsAnnouncement

16/12/2022 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221216:nRSP0577Ka&default-theme=true

RNS Number : 0577K  Aeorema Communications Plc  16 December 2022

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

 16 December 2022

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

Exercise of Options

Aeorema Communications plc, a leading strategic communications group based in
London, New York City and Amsterdam, announces that it has issued and allotted
300,000 new ordinary shares of 12.5p each ("Ordinary Shares") following the
exercise of options at 16.5p per Ordinary Share by Steve Quah, Chief Executive
Officer of the Company.

Application has been made to the London Stock Exchange for the 300,000 new
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence at
8.00 a.m. on 21 December 2022.

Upon Admission, Mr. Quah will have a beneficial interest in 781,010 Ordinary
Shares in the Company, representing 8.19 per cent. of the enlarged issued
share capital.

The table for notification and public disclosure of transactions by persons
discharging managerial responsibilities in accordance with the requirements of
the EU Market Abuse Regulation, which forms part of domestic UK law pursuant
to the European Union (Withdrawal) Act 2018, is appended below.

Total Voting Rights

The Company advises that following Admission, the Company's issued share
capital with voting rights will be 9,538,000 Ordinary Shares.

The above figure of 9,538,000 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure and Transparency Rules.

 

**ENDS**

For further information visit www.aeorema.com (http://www.aeorema.com) or
contact:

 Andrew Harvey                   Aeorema Communications plc                               Tel: +44 (0) 20 7291 0444

 John Depasquale /               Allenby Capital Limited (Nominated Adviser and Broker)      Tel: +44 (0)20 3328 5656

 Freddie Wooding

 (Corporate Finance)

 Kelly Gardiner

 (Sales and Corporate Banking)

 Catherine Leftley/              St Brides Partners Ltd                                   Tel: +44 (0) 20 7236 1177

 Charlotte Page                  (Financial PR)

 

 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                                                         Steve Quah

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 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  Ordinary Shares

      Identification code                                          GB00B4QHH456

 b)   Nature of the transaction                                    Exercise of Options to acquire Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     16.5p             300,000

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      16 December 2022

 f)   Place of the transaction                                     Off Market Transaction

 

 

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  MSCBLBDDBXBDGDL