Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media
21 October 2022
Aeorema Communications plc ('Aeorema' or 'the Company' or 'the Group')
Grant of Options
Aeorema Communications plc, the AIM-traded live events agency, announces that it has granted options ("Options") over new ordinary shares of 12.5 pence each in the Company ("Ordinary Shares").
A total of 110,000 Options have been granted to two senior members of staff (of which 50,000 Options were granted to Jamie Blackwell) under the Company's EMI share option scheme, representing, in aggregate, 1.19 per cent of the Company's current issued share capital.
The Options are exercisable at 71 pence per Ordinary Share (being the closing mid-market price of an Ordinary Share on 19 October 2022), will vest on the third anniversary of the date of grant and can be exercised from the date of vesting until 5:00 p.m. on the business day before the 10th anniversary of the date of grant.
In total 1,880,000 options over Ordinary Shares are now outstanding, representing 20.35 per cent of the Company's current issued share capital.
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 | Jamie Blackwell | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Financial Controller | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Aeorema Communications plc | ||||
| b) | LEI | 213800PJBW6O7NDCKJ08
| ||||
| 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 12.5p each in Aeorema Communications plc
Identification code (ISIN) for Aeorema Communications plc ordinary shares: GB00B4QHH456 | ||||
| b) | Nature of the transaction | Grant of options over ordinary shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 19 October 2022 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
**ENDS**
For further information visit www.aeorema.com or contact:
| Andrew Harvey
| Aeorema Communications plc | +44 (0)20 7291 0444
|
| John Depasquale/Freddie Wooding (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking) | Allenby Capital Limited (Nominated Adviser and Broker) | +44 (0)20 3328 5656 |
| Catherine Leftley/Charlotte Page | St Brides Partners Ltd (Financial PR) | info@stbridespartners.co.uk |
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