AFERIAN PLC
("Aferian", the "Company" or the "Group")
Grant of Share Options
Aferian Plc (LSE AIM: AFRN), the B2B video streaming solutions company, announces that the Group's Remuneration Committee has granted 4,000,000 options ("Options") over ordinary shares of 1p ("Ordinary Shares") to Mark Carlisle, Chief Executive Officer.
As a result, Mark Carlisle now holds a total of 4,225,000 options over Ordinary Shares and is beneficially interested in a total of 154,584 Ordinary Shares.
The Options are subject to continued employment. The strike price and vesting period of these options is as follows:
| Number of Options | Strike Price (GBP Pence) | Vesting Period (Years) |
| 2,000,000 | 3 | 1 |
| 1,000,000 | 6 | 2 |
| 1,000,000 | 10 | 3 |
The Board considers options are an effective and important mechanism to incentivise and retain the executive team and to align them with shareholder interests.
The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.
For further information please contact:
| Aferian plc | +44 (0)1954 234100 | |
| Mark Carlisle, Chief Executive Officer | | |
| | |
|
| Investec plc (NOMAD and Broker) | +44 (0)20 7597 5970 | |
| David Anderson / Patrick Robb / Nick Prowting | | |
About Aferian plc
Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our end-to-end solutions bring live and on-demand video to every kind of screen. We create the forward-thinking solutions that our customers need to drive subscriber engagement, audience satisfaction, and revenue growth.
It is our belief that successful media companies and services will be those that are most consumer-centric, data driven and flexible to change. We focus on innovating technologies that enable our customers stay ahead of evolving viewer demand by providing smarter, more cost-effective ways of delivering end-to-end modern TV and video experiences to consumers. By anticipating technological and behavioural audience trends, our software solutions empower our customers to heighten viewer enjoyment, drive growth in audience share and ultimately their profitability.
Aferian plc is traded on the London Stock Exchange's AIM stock market (AIM: symbol AFRN). Headquartered in Cambridge, UK, the Company operates across the USA, Europe and Asia. For more information, please visit www.aferian.com.
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)
| Names | Mark Carlisle |
| 2
| Reason for the notification | |
| a)
| Position/status
| Chief Executive Officer |
| b)
| Initial notification /Amendment
| Initial Notification |
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a)
| Name
| Aferian plc |
| b)
| LEI | 21380068JIMBNNZJL315 |
| 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
| Options over Ordinary Shares of 1.0p each |
| b) | Identification code | GB00B013SN63 |
| c)
| Nature of the transaction
| Grant of Options |
| d)
| Price(s) and volume(s) | Price(s) Volume(s) 2,000,000 options over ordinary shares at a strike price of 3 pence 1,000,000 options over ordinary shares at a strike price of 6 pence 1,000,000 options over ordinary shares at a strike price of 10 pence
|
| e)
| Aggregated information - Aggregated volume - Price | 2,000,000 options over ordinary shares at a strike price of 3 pence 1,000,000 options over ordinary shares at a strike price of 6 pence 1,000,000 options over ordinary shares at a strike price of 10 pence
|
| f)
| Date of the transaction | 26 September 2024 |
| g)
| Place of the transaction | Outside a trading venue |
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