REG - Eagle Eye Sol Gp PLC - Issue of share options

Eagle Eye SolutionsAnnouncement

08/02/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220208:nRSH9531Aa&default-theme=true

RNS Number : 9531A  Eagle Eye Solutions Group PLC  08 February 2022

 

8 February 2022

 

Eagle Eye Solutions Group plc

("Eagle Eye", the "Group", or the "Company")

 

Issue of share options

 

Eagle Eye, a leading SaaS technology company that creates digital connections
enabling personalised, real-time marketing through coupons, loyalty, apps,
subscriptions and gift services, announces that the following options over
ordinary shares of 1p each in Eagle Eye ("Ordinary Shares") were granted on 7
February 2022 to the following Executive Directors and person discharging
managerial responsibilities ("PDMRs") of Eagle Eye for nil cost as follows:

 

 Director/PDMR        Role                      Number of Ordinary Shares subject to option grant  Total number of Ordinary Shares under option post grant  % of existing issued share capital
 Tim Mason            Chief Executive Officer   64,547                                             1,562,300                                                6.0%
 Steve Rothwell       Chief Technology Officer  37,287                                             737,492                                                  2.8%
 Lucy Sharman-Munday  Chief Financial Officer   37,287                                             568,213                                                  2.2%
 Al Henderson         Chief Sales Officer       17,137                                             263,692                                                  1.0%
 David Aylmer         Chief Operating Officer   21,677                                             294,138                                                  1.1%
 Claire Essex-Crosby  Chief People Officer      5,371                                              54,860                                                   0.2%
 James Esson          Company Secretary         1,895                                              34,041                                                   0.1%

 

These awards have been made under the Eagle Eye Group Solutions Plc Long Term
Incentive Plan scheme with an exercise price of 1p per Ordinary Share and have
been granted under the current year's Long Term Incentive Plan performance
criteria, vesting following completion of the three year period ending 30 June
2024 subject to revenue and EBITDA performance criteria and the overall
underlying performance of the Company. In common with previous awards, the
number of options which vest will vary depending on the level of achievement
between threshold, target and stretch performance levels.

Following the new grant of options and assuming all vesting criteria is met,
the fully diluted number of Ordinary Shares would be 30,804,439; of which the
total number of Ordinary Shares over which options currently issued and
outstanding represent 15.3% of the fully diluted number of Ordinary Shares.
This is in accordance with the Company's shareholder approved limit for shares
outstanding under the Company's share option schemes at any time of a maximum
of 20% of the ordinary share capital of the Company in issue at such time.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         1.   Tim Mason

                                                                   2.   Steve Rothwell

                                                                   3.   Lucy Sharman-Munday

                                                                   4.   Al Henderson

                                                                   5.   David Aylmer

                                                                   6.   Claire Essex-Crosby

                                                                   7.   James Esson
 2    Reason for the notification
 a)   Position/status                                              1.   Chief Executive Officer

                                                                   2.   Chief Technology Officer

                                                                   3.   Chief Financial Officer

                                                                   4.   Chief Sales Officer

                                                                   5.   Chief Operating Officer

                                                                   6.   Chief People Officer

                                                                   7.   Company Secretary
 b)   Initial notification/Amendment                               Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Eagle Eye Solutions Group plc
 b)   LEI                                                          2138002S1AIBVVMZ7A21
 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 1p each

      Identification code                                          GB00BKF1YD83

 b)   Nature of transaction                                        Grant of Options

 c)   Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                   1.   Nil                     1.   64,547

                                                                   2.   Nil                     2.   37,287

                                                                   3.   Nil                     3.   37,287

                                                                   4.   Nil                     4.   17,137

                                                                   5.   Nil                     5.   21,677

                                                                   6.   Nil                     6.   5,371

                                                                   7.   Nil                     7.   1,895

      Aggregated information                                       Not applicable

      -      Aggregated volume

      -      Price

 e)   Date of the transaction                                      7 February 2022
 f)   Place of the transaction                                     Outside of a trading venue

 

 

 For further information, please contact:

 Tim Mason, Chief Executive Officer                               Tel: 0844 824 3686

 Lucy Sharman-Munday, Chief Financial Officer

 Investec (Nominated Advisor and Joint Broker)                    Tel: 020 7597 5970

 Corporate Finance: David Anderson / Sebastian Lawrence

 Corporate Broking: Sara Hale / Will Brinkley / Charlotte Young

 Shore Capital (Joint Broker)                                     Tel: 020 7408 4090

 Corporate Finance: Hugh Morgan / Daniel Bush

 Corporate Broking: Henry Willcocks

 Alma PR                                                          Tel: 020 3405 0205

 Caroline Forde / Hannah Campbell / Molly Gretton

 

 

About Eagle Eye

 

Eagle Eye is a leading SaaS technology company transforming marketing by
creating digital connections that enable personalised performance marketing in
real time through coupons, loyalty, apps, subscriptions and gift services.

 

Eagle Eye AIR enables the secure issuance and redemption of digital offers and
rewards at scale, across multiple channels, enabling a single customer view.
We create a network between merchants, brands and audiences to enable customer
acquisition, interaction and retention at lower cost whilst driving marketing
innovation.

 

The Company's current customer base comprises leading names in UK Grocery,
Retail, Leisure and Food & Beverage sectors, including Asda, Sainsbury's,
Tesco, Waitrose and John Lewis & Partners, Virgin Red, JD Sports, Pret A
Manger, Greggs, Mitchells & Butlers, Pizza Express; in North America,
Loblaws, Shoppers Drug Mart, Southeastern Grocers and Staples US Retail and in
Australia & New Zealand, Woolworths Group and The Warehouse Group.

 

 

For more information, please visit www.eagleeye.com (http://www.eagleeye.com)

 

 

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  DSHSSFEFWEESEIE