Exercise of Options / PDMR notification
8 June 2026
AIREA plc
("AIREA", the "Group" or the "Company")
Exercise of Options / PDMR notification
AIREA plc (AIM: AIEA) announces the exercise of, in total, 1,204,464 nil cost options ("Options") under its Long Term Incentive Plan ("LTIP") by certain Directors and employees, including Médéric Payne (Chief Executive Officer) and Conleth Campbell (Chief Financial Officer), each a person discharging managerial responsibilities ("PDMR"). The ordinary shares of 25 pence each in the Company ("Ordinary Shares") awarded to satisfy the exercise of the Options have been transferred from the Company's Employee Benefit Trust ("EBT") and no new Ordinary Shares issued.
Details of the exercise of options by PDMRs are set out below.
Director/PDMR
Number of Options exercised
Number of Ordinary Shares received pursuant to the exercise
Enlarged Interest in Ordinary Shares
Enlarged Interest in Ordinary Shares as a Percentage of the Company's issued share capital
Médéric Payne
342,240
342,240
420,240
1.02%
Conleth Campbell
138,000
138,000
238,000
0.58%
Mr Payne and Mr Campbell have each irrevocably committed to selling such number of Ordinary Shares ("Sales") to cover their respective tax liabilities arising on the exercise of their Options. Details of such Sales will be disclosed once the relevant market trades have taken place.
- Ends -
For further information please contact:
AIREA plc
Médéric Payne, Chief Executive Officer
Conleth Campbell, Chief Financial Officer
Tel: +44 (0) 192 426 6561
Singer Capital Markets
(Nominated Adviser and Sole Broker)Peter Steel / Anastassiya Eley
Tel: +44 (0) 20 7496 3000
Northstar Communications
(Financial media and PR)Sarah Hollins
Tel: +44 (0) 7764 947137
Notes to Editors
AIREA plc is a UK design-led specialist flooring company, supplying both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.
The Group's core brand Burmatex® is one of the UK's leading designers and manufacturers of commercial carpet tiles and planks. Burmatex® focuses on the design and creation of sustainable innovative flooring solutions to meet the needs of architects, specifiers and contractors with a continuously developing range to suit the education, leisure, commercial, hospitality and public sectors. The brand was acquired by AIREA in 1984.
The Group was admitted to trading on AIM of the London Stock Exchange on 12 December 2007.
For further information, please visit: https://aireaplc.com/.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Médéric Payne
2
Reason for the notification
a)
Position/status
PDMR (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
AIREA plc
b)
LEI
213800FNWL76NCLZU343
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 of 25 pence each
Identification code
GB0008123027
b)
Nature of the transaction
Exercise of options over Ordinary Shares pursuant to the Company's long term incentive plan
c)
Price(s) and volume(s)
Price
Volume
Nil cost
342,240
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction.
e)
Date of the transaction
8 June 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Conleth Campbell
2
Reason for the notification
a)
Position/status
PDMR (Chief Financial Officer)
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
AIREA plc
b)
LEI
213800FNWL76NCLZU343
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 of 25 pence each
Identification code
GB0008123027
b)
Nature of the transaction
Exercise of options over Ordinary Shares pursuant to the Company's long term incentive plan
c)
Price(s) and volume(s)
Price
Volume
Nil cost
138,000
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
8 June 2026
f)
Place of the transaction
Outside a trading venue
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