REG - Aeorema Comms Plc - Grant of Options

Aeorema CommunicationsAnnouncement

21/10/2022 07:00

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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  Options over ordinary shares of 12.5p each in Aeorema Communications plc

      Identification code

                                                                   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)
                                                                   71p         50,000
 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      19 October 2022
 f)   Place of the transaction                                     Outside a trading venue

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 (http://www.aeorema.com/)
  or contact:

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

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

 Kelly Gardiner

 (Sales and Corporate Broking)
 Catherine Leftley/Charlotte Page                     St Brides Partners Ltd (Financial PR)                   info@stbridespartners.co.uk

 

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