Grant of Options

Spaceandpeople

02/06/2025 11:54

RNS Number : 0415L

SpaceandPeople PLC

02 June 2025

 

SpaceandPeople PLC

 

("SpaceandPeople" or the "Company")

 

Grant of Options

 

Grant of New Options

 

SpaceandPeople (AIM: SAL) the retail, promotional and brand experience specialist, announces that on 30 May 2025 it granted options (the "New Options") over a total of 67,500 ordinary shares of 10 pence each in the Company ("Ordinary Shares") under its existing EMI share option scheme (the "Scheme").

 

The New Options are exercisable at a price of 10 pence per share, being the nominal value of the Ordinary Shares and will vest no earlier than 30 May 2028. The New Options expire on the tenth anniversary of the date of grant. 

 

The New Options become exercisable on the third anniversary of grant, subject to continued employment and the satisfaction of certain performance conditions. These performance conditions (which have been set by the Remuneration Committee of the Company) relate to the achievement of specified financial targets that will be assessed over the three years to 31 December 2027.

 

Details of the above grants, including confirmation of the New Options granted to the Company's executive directors, (together, the "Directors"), are as follows:

 

Name
Role
No. of Ordinary Shares
over which New Options granted
Nancy Cullen
Chief Executive Officer
22,500
Gregor Dunlay
Chief Financial Officer
22,500
Andrew Keiller
Chief Operating Officer
22,500
Total
67,500

 

 

Details of resultant holdings

 

Details of the Directors' resultant holdings of Ordinary Shares and options over Ordinary Shares are as follows:

 

Name
Role
Total No. Ordinary Shares under Option
Total No. Ordinary Shares held
Nancy Cullen
Chief Executive Officer
49,000
96,300
Gregor Dunlay
Chief Financial Officer
60,250
13,500
Andrew Keiller
Chief Operating Officer
60,250
13,500

 

The total number of Ordinary Shares over which options have been granted (including the New Options) is 260,500 representing 13.35% per cent. of the Company's existing issued share capital.

 

 

Contact details:

SpaceandPeople Plc
0845 241 8215
Nancy Cullen, Gregor Dunlay
Zeus (Nominated Adviser and Broker)
0203 829 5000
David Foreman, Ed Beddows


 

 

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA")

 

The following notifications are intended to satisfy the Company's obligations under Article 19(1) of EU Regulation No 596/2014 (the Market Abuse Regulation).

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
1. Nancy Cullen
2. Gregor Dunlay
3. Andrew Keiller
2
Reason for the notification
a)
Position/status
1. Chief Executive Officer
2. Chief Financial Officer
3. Chief Operating Officer
b)
Initialnotification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
SpaceandPeople PLC
b)
LEI
21380026UDE3LKFSDP68
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 10 pence each ("OrdinaryShares")
Identificationcode
ISIN: GB00B058DS79
b)
Nature of thetransaction
Grant of options over Ordinary Shares pursuant to the SpaceandPeople plc 2012 Enterprise Management Incentive Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
10 pence (exercise price)
22,500
2.
10 pence (exercise price)
22,500
3.
10 pence (exercise price)
22,500
d)
Aggregated information
- Aggregated volume
- Price
1. N/A single transaction
2. N/A single transaction
3. N/A single transaction
e)
Date of the transaction
30 May 2025
f)
Place of the transaction
Off market

 

 

 

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 or visit 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.

 
  END

 

 
DSHFLFEIRLIFIIE