REG - Aferian PLC - Grant of Share Options

AferianAnnouncement

26/09/2024 17:45

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RNS Number : 8880F  Aferian PLC  26 September 2024

 

AFERIAN PLC

 

("Aferian", the "Company" or the "Group")

 

Grant of Share Options

 

Aferian Plc (LSE AIM: AFRN), the B2B video streaming solutions company,
announces that the Group's Remuneration Committee has granted 4,000,000
options ("Options") over ordinary shares of 1p ("Ordinary Shares") to Mark
Carlisle, Chief Executive Officer.

 

As a result, Mark Carlisle now holds a total of 4,225,000 options over
Ordinary Shares and is beneficially interested in a total of 154,584 Ordinary
Shares.

 

The Options are subject to continued employment. The strike price and vesting
period of these options is as follows:

 

 Number of Options  Strike Price  Vesting Period

                    (GBP Pence)   (Years)
 2,000,000          3             1
 1,000,000          6             2
 1,000,000          10            3

 

 

The Board considers options are an effective and important mechanism to
incentivise and retain the executive team and to align them with shareholder
interests.

 

The FCA notification, made in accordance with the requirements of the EU
Market Abuse Regulation is appended below.

 

 

For further information please contact:

 

 Aferian plc                                    +44 (0)1954 234100
 Mark Carlisle, Chief Executive Officer

 Investec plc (NOMAD and Broker)                +44 (0)20 7597 5970
 David Anderson / Patrick Robb / Nick Prowting

 

About Aferian plc

 

Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our
end-to-end solutions bring live and on-demand video to every kind of screen.
We create the forward-thinking solutions that our customers need to drive
subscriber engagement, audience satisfaction, and revenue growth.

 

It is our belief that successful media companies and services will be those
that are most consumer-centric, data driven and flexible to change. We focus
on innovating technologies that enable our customers stay ahead of evolving
viewer demand by providing smarter, more cost-effective ways of delivering
end-to-end modern TV and video experiences to consumers. By anticipating
technological and behavioural audience trends, our software solutions empower
our customers to heighten viewer enjoyment, drive growth in audience share and
ultimately their profitability.

 

Aferian plc is traded on the London Stock Exchange's AIM stock market (AIM:
symbol AFRN). Headquartered in Cambridge, UK, the Company operates across the
USA, Europe and Asia. For more information, please visit www.aferian.com
(http://www.aferian.com/) .

 

 

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)   Names                                                        Mark Carlisle

 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                                                         Aferian plc

 b)   LEI                                                          21380068JIMBNNZJL315

 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 1.0p each

 b)   Identification code                                          GB00B013SN63
 c)   Nature of the transaction                                     Grant of Options

 d)   Price(s) and volume(s)                                       Price(s) Volume(s)

                                                                   2,000,000 options over ordinary shares at a strike price of 3 pence

                                                                   1,000,000 options over ordinary shares at a strike price of 6 pence

                                                                   1,000,000 options over ordinary shares at a strike price of 10 pence

 e)   Aggregated information                                        2,000,000 options over ordinary shares at a strike price of 3 pence

      - Aggregated volume                                          1,000,000 options over ordinary shares at a strike price of 6 pence

      - Price                                                      1,000,000 options over ordinary shares at a strike price of 10 pence

 f)   Date of the transaction                                      26 September 2024

 g)   Place of the transaction                                     Outside a trading venue

 

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