REG - SpaceandPeople PLC - Grant of Options

SpaceandpeopleAnnouncement

02/06/2025 12:00

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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)  Initial notification/ 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 ("Ordinary Shares")
     Identification code                                          ISIN: GB00B058DS79
 b)  Nature of the transaction                                    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

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

 

 

 

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