Access Intelligence PLC Sale of shares by a director and grant of options (3819Q)
18 February 2019 - 11:08PM
UK Regulatory
TIDMACC
RNS Number : 3819Q
Access Intelligence PLC
18 February 2019
18 February 2019
Access Intelligence plc
("Access Intelligence," the "Company" or the "Group")
Sale of shares by a director
Options granted over 3.6 million Ordinary Shares under Share
Option Scheme
Notification of transactions by directors/persons discharging
managerial responsibilities
The Company announces that it has been informed that Joanna
Arnold (the Company's Chief Executive Officer) has sold 141,000
ordinary shares of 5 pence each ("Ordinary Shares") at a price of
55p per share to fund the subscription price payable on the
exercise of options over 300,000 Ordinary Shares announced on 15
February 2019.
Joanna Arnold now holds 720,538 Ordinary Shares, representing
1.18 per cent. of the voting rights of the Company.
The Company also announces that it has granted options over
3,602,000 ordinary shares (equivalent to 5.92 per cent. of the
voting share capital of the Company) at an exercise price of 56p
per share under the terms of the Access Intelligence plc Management
Incentive Scheme. The options will only be capable of being
exercised on or after the third anniversary of the date of grant
and provided the share price equals or exceeds a base price of 56p
at the time of exercise. Where capable of exercise, options may be
exercised at any time before the tenth anniversary of the date of
grant. The exact number of shares in respect of which an option can
be exercised in aggregate during the exercise period is dependent
on the share price at the time(s) of exercise and is a percentage
of the number of shares under option, calculated as 20 per cent. if
the share price is equal to 56p and rising on a straight-line basis
to 100 per cent. when the share price reaches or exceeds 130p. As
part of this grant of options, 1,600,000 and 400,000 options over
Ordinary Shares have been granted to Joanna Arnold (Chief Executive
Officer) and Mark Fautley (Chief Financial Officer),
respectively.
The FCA notification, made in accordance with the requirements
of the EU Market Abuse Regulation is appended below and gives
further details on the transactions described above.
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 Joanna Arnold
-------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Access Intelligence plc
-------------------------------- ---------------------------------------
b) LEI 213800PPZ4ZM8OMHGT41
-------------------------------- ---------------------------------------
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 Ordinary shares of 5p each in Access
instrument, type of instrument Intelligence plc
Identification code Identification code (ISIN) for Access
Intelligence plc new ordinary shares:
GB00BGQVB052
-------------------------------- ---------------------------------------
b) Nature of the transaction Sale of ordinary shares
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
55p 141,000
--------- ----------
-------------------------------- ---------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------------- ---------------------------------------
e) Date of the transactions 18 February 2019
-------------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Joanna Arnold
-------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Access Intelligence plc
-------------------------------- ---------------------------------------
b) LEI 213800PPZ4ZM8OMHGT41
-------------------------------- ---------------------------------------
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 Ordinary shares of 5p each in Access
instrument, type of instrument Intelligence plc
Identification code Identification code (ISIN) for Access
Intelligence plc new ordinary shares:
GB00BGQVB052
-------------------------------- ---------------------------------------
b) Nature of the transaction Grant of options
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
56p (exercise
price) 1,600,000
--------------- ----------
-------------------------------- ---------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------------- ---------------------------------------
e) Date of the transactions 18 February 2019
-------------------------------- ---------------------------------------
f) Place of the transaction Off Market
-------------------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Fautley
-------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Access Intelligence plc
-------------------------------- ---------------------------------------
b) LEI 213800PPZ4ZM8OMHGT41
-------------------------------- ---------------------------------------
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 Ordinary shares of 5p each in Access
instrument, type of instrument Intelligence plc
Identification code Identification code (ISIN) for Access
Intelligence plc new ordinary shares:
GB00BGQVB052
-------------------------------- ---------------------------------------
b) Nature of the transaction Grant of options
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
56p (exercise
price) 400,000
--------------- ----------
-------------------------------- ---------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------------- ---------------------------------------
e) Date of the transactions 18 February 2019
-------------------------------- ---------------------------------------
f) Place of the transaction Off Market
-------------------------------- ---------------------------------------
For further information:
Access Intelligence Plc 0843 659 2940
Chris Satterthwaite (Chairman)
Joanna Arnold (CEO)
Allenby Capital Limited (Nominated Adviser and Broker) 020 3328
5656
David Worlidge / Nicholas Chambers / Graham Bell
About Access Intelligence:
Access Intelligence is a leader in the provision of corporate
communications and reputation management software. Its flagship
Vuelio offering is a fully integrated communications management
platform that uniquely combines solutions for public relations,
public affairs, stakeholder relations and influencer marketing.
Following the acquisition of ResponseSource, over 3,000 clients now
rely on Access Intelligence for media data, distribution,
monitoring, analysis, reporting and journalist services. It has a
broad client base including everything from blue-chip large
enterprises and communications agencies to public sector bodies and
not-for-profit organisations. Access Intelligence also hosts the
annual and prestigious Vuelio Blog Awards, which take place at the
end of November each year.
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCGGUAUPUPBGPR
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