REG - Eagle Eye Solutions - Issue of Share Options

Eagle Eye SolutionsAnnouncement

21/11/2023 07:00

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RNS Number : 0518U  Eagle Eye Solutions Group PLC  21 November 2023

21 November 2023

 

Eagle Eye Solutions Group plc

("Eagle Eye" or the "Company")

 

Issue of share options

 

Eagle Eye, a leading SaaS company that creates digital customer connections
enabling personalised, real-time marketing announces that the following
options over ordinary shares of 1p each in Eagle Eye ("Ordinary Shares") were
granted today 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 FY26 option grant  Total number of Ordinary Shares under option post grant  Total as % of existing issued share capital
 Tim Mason            Chief Executive Officer    75,674                                                  1,776,148                                                6.0%
 Steve Rothwell       Chief Information Officer  44,686                                                  282,307                                                  1.0%
 Lucy Sharman-Munday  Chief Financial Officer    44,686                                                  622,718                                                  2.1%
 Al Henderson         Chief Sales Officer        24,759                                                  196,158                                                  0.7%
 David Aylmer         Chief Operating Officer    24,759                                                  333,056                                                  1.1%
 Claire Essex-Crosby  Chief People Officer       15,613                                                  78,482                                                   0.3%
 James Esson          Company Secretary          16,382                                                  49,031                                                   0.2%

 

The FY26 awards have been made under the Eagle Eye Solutions Group plc Long
Term Incentive Plan scheme with an exercise price of 1p per Ordinary Share.
The awards 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 2026 subject to revenue and EBITDA performance criteria and the
overall underlying performance of the Company. Consistent 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 are met,
the fully diluted number of Ordinary Shares would be 33,407,257; of which the
total number of Ordinary Shares over which options currently issued and
outstanding represent 12.0% 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 Information 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 over Ordinary Shares pursuant to Eagle Eye Solutions Group
                                                                   plc Long Term Incentive Plan

 c)   Price(s) and volume(s)                                       Price(s)                                Volume(s)
                                                                   1.   Nil                                1.   75,674

                                                                   2.   Nil                                2.   44,686

                                                                   3.   Nil                                3.   44,686

                                                                   4.   Nil                                4.   24,759

                                                                   5.   Nil                                5.   24,759

                                                                   6.   Nil                                6.   15,613

                                                                   7.   Nil                                7.   16,382

      Aggregated information                                       Not applicable

      -      Aggregated volume

      -      Price

 e)   Date of the transaction                                      20 November 2023
 f)   Place of the transaction                                     Outside of a trading venue

 

Enquiries:

 

 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 Broking: David Anderson / Nick Prowting

 Shore Capital (Joint Broker)                                  Tel: 020 7408 4090

 Corporate Finance: Daniel Bush / David Coaten / Lucy Bowden

 Corporate Broking: Henry Willcocks

 Alma                                                          Tel: 020 3405 0205

 Caroline Forde / Hannah Campbell / Kinvara Verdon

About Eagle Eye

 

Eagle Eye is a leading SaaS technology company enabling retail, travel and
hospitality brands to earn the loyalty of their end customers by powering
their real-time, omnichannel and personalised consumer marketing activities.

 

Eagle Eye AIR is a cloud-based platform, which provides the most flexible and
scalable loyalty and promotions capability in the world. More than 750 million
personalised offers are executed via the platform every week, and it currently
hosts over 100 million individual loyalty members for businesses all over the
world. We are trusted to deliver a secure service at hundreds of thousands of
physical POS destinations worldwide, enabling the real-time issuance and
redemption of promotional coupons, loyalty offers, gift cards, subscription
benefits and more.

 

The Eagle Eye AIR platform is currently powering loyalty and customer
engagement solutions for enterprise businesses all over the world, including
Asda, Tesco, Morrisons, Waitrose and John Lewis & Partners, JD Sports,
Pret a Manger, Loblaws, Southeastern Grocers, Giant Eagle and the Woolworths
Group.

 

In January 2023, the Group acquired France-based Untie Nots, an AI-powered
personalised promotions business, adding Carrefour, E. Leclerc, Auchan and
other leading brands to its European customer base.

 

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

 

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