RNS Number : 5929H
Actual Experience PLC
28 July 2023
 

28 July 2023

Actual Experience plc
(the "Company" or "Actual Experience")

Grant of Options

 

Actual Experience plc (AIM: ACT), the analytics-as-a-service company, announces that on 27 July 2023 it granted options ("Options") over 14,496,920 ordinary shares of 0.2 pence each in the capital of the Company ("Ordinary Shares") to certain employees and Directors of the Company. The Options have been granted under the Actual Experience Plc Value Creation Plan, which entitles the Option holders, as a group, to share a total of 6.8% of the growth in value of the Company above a hurdle share price of 5.00 pence share (up to a maximum share price of 148.65 pence per share).

The Options have an exercise price of 1.23 pence, being the Company's closing share price on the day prior to grant, and vest in two equal tranches on 27 July 2026 and 27 July 2027, subject to the Company's share price at these dates exceeding 5.00 pence. The Options, once vested, can be exercisable anytime up until the 10th anniversary of the date of grant.  

Two Directors of the Company have been granted options over a total of 8,101,220 Ordinary Shares as follows:

Director

Title

Number of Options granted

Total number of Options held following grant

Iain McCready

CEO

5,969,320

5,969,320

Steve Bennetts

CFO

2,131,900

3,159,150

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

For further information visit www.actual-experience.com  follow on twitter @ActualExp, or contact:

 

Actual Experience plc

Iain McCready, CEO

Steve Bennetts, CFO 

Tel: +44 (0)207 129 1474


 

Singer Capital Markets Advisory LLP

Shaun Dobson

James Fischer

 

 

Tel: +44 (0)207 496 3000


Turner Pope Investments (TPI) Ltd

James Pope

Andy Thacker

Tel: + 44 (0)203 657 0050


 

Flagstaff Strategic and Investor Communications

Tim Thompson

Mark Edwards

Andrea Seymour

Anna Probert

Tel: +44 (0)207 129 1474

actual@flagstaffcomms.com

 

 

About Actual Experience

Actual Experience's goal is to make the digital world work for everyone, everywhere, all of the time. As the working world evolves post-pandemic, the global shift to a flexible hybrid model has brought with it a significant challenge; how do businesses create an environment that gives their people what they need to thrive, whilst protecting the commercial efficiency of the business and driving growth at the same time?

For further information please visit www.actual-experience.com

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Iain McCready

2

Reason for the notification 

a)

Position/status

CEO

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Actual Experience plc

b)

LEI

213800UI9OUTXKWLMK28

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

 

Ordinary shares of 0.2 pence each

 

 

GB00BJ05QC14

b)

Nature of the transaction

Grant of options

c)

 

Price(s) and volume(s)

 

Price

Volume

£0.0123

5,969,320 shares

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

N/A - Single Transaction

e)

Date of the transaction

27 July 2023

f)

Place of the transaction

Off Market Transaction

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Steve Bennetts

2

Reason for the notification 

a)

Position/status

CFO

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Actual Experience plc

b)

LEI

213800UI9OUTXKWLMK28

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

 

Ordinary shares of 0.2 pence each

 

 

GB00BJ05QC14

b)

Nature of the transaction

Grant of options

c)

 

Price(s) and volume(s)

 

Price

Volume

£0.0123

2,131,900 shares

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

N/A - Single Transaction

e)

Date of the transaction

27 July 2023

f)

Place of the transaction

Off Market Transaction

 

 

 

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