REG - Aeorema Comms Plc - Grant of Options

Aeorema CommunicationsAnnouncement

25/05/2022 14:00

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RNS Number : 8054M  Aeorema Communications Plc  25 May 2022

 

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

25 May 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 shares of 12.5 pence each in the
Company ("Ordinary Shares").

 

A total of 150,000 Options have been granted to three senior members of staff
under the Company's EMI share option scheme.

 

The Options are exercisable at 60 pence per Ordinary Share (being the closing
mid-market price of an Ordinary Share on 23 May 2022), will vest on 23 May
2025 and can be exercised from the date of vesting until 5:00 p.m. on the
business day before the 10th anniversary of the date of grant.

 

The Options granted represent 2 per cent of the Company's current issued share
capital. In total 1,770,000 options over Ordinary Shares are now outstanding,
representing 19 per cent of the Company's current issued share capital.

 

*ENDS*

 

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

 

 Mike Hale                                      Aeorema Communications plc                              +44 (0)20 7291 0444

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

 Liz Kirchner (Corporate Finance)

 Kelly Gardiner (Sales and Corporate Broking)

 Catherine Leftley/ Selina Lovell               St Brides Partners Ltd                                  info@stbridespartners.co.uk

                                                (Financial PR)

 

 

 

 

 

 

 

 

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