Aeorema Communications Plc Exercise of Options (0577K)
17 December 2022 - 3:34AM
UK Regulatory
TIDMAEO
RNS Number : 0577K
Aeorema Communications Plc
16 December 2022
Aeorema Communications plc / Index: AIM / Epic: AEO / Sector:
Media
16 December 2022
Aeorema Communications plc ('Aeorema' or 'the Company' or 'the
Group')
Exercise of Options
Aeorema Communications plc, a leading strategic communications
group based in London, New York City and Amsterdam, announces that
it has issued and allotted 300,000 new ordinary shares of 12.5p
each ("Ordinary Shares") following the exercise of options at 16.5p
per Ordinary Share by Steve Quah, Chief Executive Officer of the
Company.
Application has been made to the London Stock Exchange for the
300,000 new Ordinary Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will become
effective and trading will commence at 8.00 a.m. on 21 December
2022.
Upon Admission, Mr. Quah will have a beneficial interest in
781,010 Ordinary Shares in the Company, representing 8.19 per cent.
of the enlarged issued share capital.
The table for notification and public disclosure of transactions
by persons discharging managerial responsibilities in accordance
with the requirements of the EU Market Abuse Regulation, which
forms part of domestic UK law pursuant to the European Union
(Withdrawal) Act 2018, is appended below.
Total Voting Rights
The Company advises that following Admission, the Company's
issued share capital with voting rights will be 9,538,000 Ordinary
Shares.
The above figure of 9,538,000 may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure and
Transparency Rules.
**ENDS**
For further information visit www.aeorema.com or contact:
Andrew Harvey Aeorema Communications Tel: +44 (0) 20 7291
plc 0444
John Depasquale / Allenby Capital Limited Tel: +44 (0)20 3328
Freddie Wooding (Nominated Adviser 5656
(Corporate Finance) and Broker)
Kelly Gardiner
(Sales and Corporate
Banking)
Catherine Leftley/ St Brides Partners Tel: +44 (0) 20 7236
Charlotte Page Ltd 1177
(Financial PR)
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 Steve Quah
--------------------------------------- ---------------------------------------------
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 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 Ordinary Shares
financial instrument,
type of instrument
Identification code GB00B4QHH456
b) Nature of the transaction Exercise of Options to acquire Ordinary
Shares
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
16.5p 300,000
-------------------- --------------------
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 16 December 2022
--------------------------------------- ---------------------------------------------
f) Place of the transaction Off Market Transaction
--------------------------------------- ---------------------------------------------
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END
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