21 November 2023
Eagle Eye Solutions Group plc
("Eagle Eye" or the "Company")
Issue of share options
Eagle Eye, a leading SaaS company that creates digital customer connections enabling personalised, real-time marketing announces that the following options over ordinary shares of 1p each in Eagle Eye ("Ordinary Shares") were granted today to the following Executive Directors and person discharging managerial responsibilities ("PDMRs") of Eagle Eye for nil cost as follows:
| Director/PDMR | Role | Number of Ordinary Shares subject to FY26 option grant | Total number of Ordinary Shares under option post grant | Total as % of existing issued share capital |
| Tim Mason | Chief Executive Officer | 75,674 | 1,776,148 | 6.0% |
| Steve Rothwell | Chief Information Officer | 44,686 | 282,307 | 1.0% |
| Lucy Sharman-Munday | Chief Financial Officer | 44,686 | 622,718 | 2.1% |
| Al Henderson | Chief Sales Officer | 24,759 | 196,158 | 0.7% |
| David Aylmer | Chief Operating Officer | 24,759 | 333,056 | 1.1% |
| Claire Essex-Crosby | Chief People Officer | 15,613 | 78,482 | 0.3% |
| James Esson | Company Secretary | 16,382 | 49,031 | 0.2% |
The FY26 awards have been made under the Eagle Eye Solutions Group plc Long Term Incentive Plan scheme with an exercise price of 1p per Ordinary Share. The awards have been granted under the current year's Long Term Incentive Plan performance criteria, vesting following completion of the three-year period ending 30 June 2026 subject to revenue and EBITDA performance criteria and the overall underlying performance of the Company. Consistent with previous awards, the number of options which vest will vary depending on the level of achievement between threshold, target and stretch performance levels.
Following the new grant of options and assuming all vesting criteria are met, the fully diluted number of Ordinary Shares would be 33,407,257; of which the total number of Ordinary Shares over which options currently issued and outstanding represent 12.0% of the fully diluted number of Ordinary Shares. This is in accordance with the Company's shareholder approved limit for shares outstanding under the Company's share option schemes at any time of a maximum of 20% of the ordinary share capital of the Company in issue at such time.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a)
| Name | 1. Tim Mason 2. Steve Rothwell 3. Lucy Sharman-Munday 4. Al Henderson 5. David Aylmer 6. Claire Essex-Crosby 7. James Esson | |
| 2 | Reason for the notification | ||
| a)
| Position/status | 1. Chief Executive Officer 2. Chief Information Officer 3. Chief Financial Officer 4. Chief Sales Officer 5. Chief Operating Officer 6. Chief People Officer 7. Company Secretary | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Eagle Eye Solutions Group plc | |
| b) | LEI | 2138002S1AIBVVMZ7A21 | |
| 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 1p each
GB00BKF1YD83 | |
| b) | Nature of transaction | Grant of Options over Ordinary Shares pursuant to Eagle Eye Solutions Group plc Long Term Incentive Plan
| |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | 1. Nil 2. Nil 3. Nil 4. Nil 5. Nil 6. Nil 7. Nil
| 1. 75,674 2. 44,686 3. 44,686 4. 24,759 5. 24,759 6. 15,613 7. 16,382 |
| | Aggregated information - Aggregated volume - Price
| Not applicable | |
| e) | Date of the transaction | 20 November 2023 | |
| f) | Place of the transaction | Outside of a trading venue | |
Enquiries:
| For further information, please contact:
Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer
|
Tel: 0844 824 3686 |
| Investec (Nominated Advisor and Joint Broker) Corporate Broking: David Anderson / Nick Prowting
| Tel: 020 7597 5970
|
| Shore Capital (Joint Broker) Corporate Finance: Daniel Bush / David Coaten / Lucy Bowden Corporate Broking: Henry Willcocks
| Tel: 020 7408 4090 |
| Alma Caroline Forde / Hannah Campbell / Kinvara Verdon | Tel: 020 3405 0205 |
|
| |
About Eagle Eye
Eagle Eye is a leading SaaS technology company enabling retail, travel and hospitality brands to earn the loyalty of their end customers by powering their real-time, omnichannel and personalised consumer marketing activities.
Eagle Eye AIR is a cloud-based platform, which provides the most flexible and scalable loyalty and promotions capability in the world. More than 750 million personalised offers are executed via the platform every week, and it currently hosts over 100 million individual loyalty members for businesses all over the world. We are trusted to deliver a secure service at hundreds of thousands of physical POS destinations worldwide, enabling the real-time issuance and redemption of promotional coupons, loyalty offers, gift cards, subscription benefits and more.
The Eagle Eye AIR platform is currently powering loyalty and customer engagement solutions for enterprise businesses all over the world, including Asda, Tesco, Morrisons, Waitrose and John Lewis & Partners, JD Sports, Pret a Manger, Loblaws, Southeastern Grocers, Giant Eagle and the Woolworths Group.
In January 2023, the Group acquired France-based Untie Nots, an AI-powered personalised promotions business, adding Carrefour, E. Leclerc, Auchan and other leading brands to its European customer base.
For more information, please visit www.eagleeye.com
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