REG - Everyman Media Grp - Grant of Options

Everyman MediaAnnouncement

15/04/2025 07:02

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RNS Number : 9867E  Everyman Media Group PLC  15 April 2025

15 April 2025

Everyman Media Group PLC

("Everyman" or the "Group")

 

Grant of Options and Changes to Option Terms

 

Grant of Options

 

The Company announces that on 15 April 2024 a total of 1,589,717 options over
ordinary shares of 10 pence each in the capital of the Company ("Ordinary
Shares") were granted to key employees pursuant to the Company's Long-Term
Incentive Plan ("New Options"). Within this total, the following persons
discharging managerial responsibilities were granted the following New
Options:

 Name             Position                 Number of New Options Granted  Total Options Held
 Alex Scrimgeour  Chief Executive Officer  531,525                        1,708,520
 Will Worsdell    Finance Director         287,840                        559,830

 

The new options granted have an exercise price of 10 pence and can be
exercised on or after 1 January 2026, subject to certain financial and other
performance conditions being met.

 

Changes to Option Terms

 

On 8 April 2021, the Company announced that Alex Scrimgeour, Chief Executive
Officer of Everyman, had been issued 1,000,000 options over ordinary shares of
10 pence each in the capital of the Company ("Options") and 2,000,000 A
ordinary shares ("Growth Shares") in a subsidiary company, Everyman Media
Holdings Ltd.

 

The Remuneration Committee of the Company has resolved that the Options will
now have an exercise price of 37.5p, being the closing share price of the
Company on 14 April 2025, and has amended the terms of the Growth Shares so
that they can only vest if certain financial performance targets are met
pertaining to the two years ending 31(st) December 2026. To the extent that
these are met, the Growth Shares will entitle Mr. Scrimgeour to receive an
amount equivalent to the market value of an ordinary share in the Company
less 37.5p, being the closing share price of the Company on 14(th) April
2025.

 

The changes in terms to the Options and Growth Shares have been made by the
Remuneration Committee of the Company to ensure that Mr. Scrimgeour remains
sufficiently incentivised.

 For further information, please contact:

 Everyman Media Group plc                              Tel: 020 3145 0500
 Alex Scrimgeour, Chief Executive
 Will Worsdell, Finance Director

 Canaccord Genuity Limited (NOMAD and Broker)          Tel: 020 7523 8000
 Bobbie Hilliam
 Harry Pardoe

 Alma Strategic Communications (Financial PR Advisor)  Tel: 020 3405 0205
 Rebecca Sanders-Hewett
 Joe Pederzolli

 Emma Thompson

 

 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                                                         Mr. Alex Scrimgeour
 2          Reason for notification

 a.         Position/Status                                              Chief Executive Officer
 b.         Initial notification/                                        Initial notification

            Amendment
 3          Details of the issuer, emission allowance market participant, auction
            platform, auctioneer or auction monitor
 a.         Name                                                         Everyman Media Group plc
 b.         LEI                                                          213800XIF4R73HAM8S36
 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 10 pence each in Everyman Media Group plc

Identification Code                                         GB00BFH55S51

 b.         Nature of the transaction                                    Grant of 531,525 options over Ordinary Shares.
  c.        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                         10.0p     531,525

 

 d.         Aggregated information                                        Not applicable - single transaction

            - Aggregated Volume

            - Price
 e.         Date of the transaction                                      15 April 2025
 f.         Place of the transaction                                     Outside a trading venue

 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                                                         Mr. Will Worsdell
 2          Reason for notification

 a.         Position/Status                                              Financial Director
 b.         Initial notification/                                        Initial notification

            Amendment
 3          Details of the issuer, emission allowance market participant, auction
            platform, auctioneer or auction monitor
 a.         Name                                                         Everyman Media Group plc
 b.         LEI                                                          213800XIF4R73HAM8S36
 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 10 pence each in Everyman Media Group plc

Identification Code                                         GB00BFH55S51

 b.         Nature of the transaction                                    Grant of 287,840 options over Ordinary Shares.
  c.        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                         10.0p     287,840

 

 d.         Aggregated information                                        Not applicable - single transaction

            - Aggregated Volume

            - Price
 e.         Date of the transaction                                      15 April 2025
 f.         Place of the transaction                                     Outside a trading venue

 

 

d.

Aggregated information

- Aggregated Volume

- Price

 Not applicable - single transaction

 

 

e.

Date of the transaction

15 April 2025

f.

Place of the transaction

Outside a trading venue

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

Mr. Will Worsdell

2

Reason for notification

 

a.

Position/Status

Financial Director

b.

Initial notification/

Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a.

Name

Everyman Media Group plc

b.

LEI

213800XIF4R73HAM8S36

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

Identification Code

Options over Ordinary Shares of 10 pence each in Everyman Media Group plc

GB00BFH55S51

 

 

b.

Nature of the transaction

Grant of 287,840 options over Ordinary Shares.

 c.

Price(s) and volume(s)

 Price(s)  Volume(s)
 10.0p     287,840

 

 

d.

Aggregated information

- Aggregated Volume

- Price

 Not applicable - single transaction

 

 

e.

Date of the transaction

15 April 2025

f.

Place of the transaction

Outside a trading venue

 

 

 Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse
 Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the
 European Union (Withdrawal) Act 2018.
 1          Details of the person discharging managerial responsibilities/person closely
            associated
 a.         Name                                                         Mr. Alex Scrimgeour
 2          Reason for notification

 a.         Position/Status                                              Chief Executive Officer
 b.         Initial notification/                                        Amendment

            Amendment
 3          Details of the issuer, emission allowance market participant, auction
            platform, auctioneer or auction monitor
 a.         Name                                                         Everyman Media Group plc
 b.         LEI                                                          213800XIF4R73HAM8S36
 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  Growth shares which can be converted into Ordinary Shares of 10 pence each

Identification Code                                         GB00BFH55S51

 b.         Nature of the transaction                                    Amendment to terms of existing growth shares
  c.        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                         37.5p     2,000,000

 

 d.         Aggregated information                                        Not applicable - single transaction

            - Aggregated Volume

            - Price
 e.         Date of the transaction                                      15 April 2025
 f.         Place of the transaction                                     Outside a trading venue

 Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse
 Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the
 European Union (Withdrawal) Act 2018.
 1          Details of the person discharging managerial responsibilities/person closely
            associated
 a.         Name                                                         Mr Alex Scrimgeour
 2          Reason for notification

 a.         Position/Status                                              Chief Executive Officer
 b.         Initial notification/                                        Amendment

            Amendment
 3          Details of the issuer, emission allowance market participant, auction
            platform, auctioneer or auction monitor
 a.         Name                                                         Everyman Media Group plc
 b.         LEI                                                          213800XIF4R73HAM8S36
 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 10 pence each in Everyman Media Group plc

Identification Code                                         GB00BFH55S51

 b.         Nature of the transaction                                    Amendment to terms of existing growth shares
  c.        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                         38.0p     1,000,000

 

 d.         Aggregated information                                        Not applicable - single transaction

            - Aggregated Volume

            - Price
 e.         Date of the transaction                                      17 February 2025
 f.         Place of the transaction                                     Outside a trading venue

 

 

d.

Aggregated information

- Aggregated Volume

- Price

 Not applicable - single transaction

 

 

e.

Date of the transaction

15 April 2025

f.

Place of the transaction

Outside a trading venue

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse
Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely
associated

a.

Name

Mr Alex Scrimgeour

2

Reason for notification

 

a.

Position/Status

Chief Executive Officer

b.

Initial notification/

Amendment

Amendment

3

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a.

Name

Everyman Media Group plc

b.

LEI

213800XIF4R73HAM8S36

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

Identification Code

Options over Ordinary Shares of 10 pence each in Everyman Media Group plc

GB00BFH55S51

 

 

b.

Nature of the transaction

Amendment to terms of existing growth shares

 c.

Price(s) and volume(s)

 Price(s)  Volume(s)
 38.0p     1,000,000

 

 

d.

Aggregated information

- Aggregated Volume

- Price

 Not applicable - single transaction

 

 

e.

Date of the transaction

17 February 2025

f.

Place of the transaction

Outside a trading venue

 

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