Aeorema Communications Plc Grant of Options (7726P)
11 October 2023 - 7:00PM
UK Regulatory
TIDMAEO
RNS Number : 7726P
Aeorema Communications Plc
11 October 2023
Aeorema Communications plc / Index: AIM / Epic: AEO / Sector:
Media
11 October 2023
Aeorema Communications plc
("Aeorema", the "Company" or the "Group")
Grant of Options
Aeorema Communications plc, a leading strategic communications
group, announces that it has granted options ("Options") over new
ordinary shares of 12.5 pence each in the Company ("Ordinary
Shares").
Options have been granted in respect of a total of 240,000 new
Ordinary Shares to four members of staff, including two persons
discharging managerial responsibilities. Of these Options, three
have been granted under the Company's EMI share option scheme (in
respect of an aggregate 140,000 Ordinary Shares), and the balance
has been granted outside the terms of that scheme but on similar
terms to the other Options. These new Options represent, in
aggregate, 2.52 per cent of the Company's current issued share
capital.
These four Options are exercisable at 78.50 pence per Ordinary
Share (being the closing mid-market price of an Ordinary Share on 9
October 2023). Of the Options, two will vest on 1 July 2026 (in
respect of a total of 140,000 Ordinary Shares) and two will vest on
1 October 2026 (in respect of a total of 100,000 Ordinary Shares).
The Options can each be exercised from the date of vesting until
5:00 p.m. on the business day before the 10th anniversary of the
date of grant.
In total, options over 1,770,000 Ordinary Shares are now
outstanding, representing 18.56 per cent of the Company's current
issued share capital.
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 1. Andre Shahrdar
2. Claire Gardner
-------------------------- -----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status 1. Andre is President of Cheerful
Twentyfirst (Inc) (a member
of the Group)
2. Claire is Managing Director
of Eventful (Ltd) (a member
of the Group)
-------------------------- -----------------------------------------
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 Options over ordinary shares
financial instrument, of 12.5p each in Aeorema Communications
type of instrument plc
Identification code
Identification code (ISIN)
for Aeorema Communications
plc ordinary shares: GB00B4QHH456
-------------------------- -----------------------------------------
b) Nature of the transaction Grant of options over ordinary
shares
-------------------------- -----------------------------------------
c) Price(s) and volume(s) 1. Price: 78.5p
Volume: 100,000
2. Price: 78.5p
Volume: 40,000
-------------------------- -----------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- -----------------------------------------
e) Date of the transaction 10 October 2023
-------------------------- -----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -----------------------------------------
For further information visit www.aeorema.com or contact:
Aeorema Communications
Andrew Harvey plc +44 (0)20 7291 0444
John Depasquale / Lauren
Wright (Corporate Finance)
Kelly Gardiner / Joscelin Allenby Capital
Pinnington (Sales and Limited (Nominated
Corporate Broking) Adviser and Broker) +44 (0)20 3328 5656
Paul Dulieu/Isabel St Brides Partners aeorema@stbridespartners.co.uk
de Salis Ltd
(Financial PR)
Notes to Editors
Aeorema Communications plc, (AIM: AEO) is a leading strategic
communications group with offices in London, New York and
Amsterdam. The Group provides bespoke event services, comprising
live, virtual, and hybrid experiences to an established
international blue-chip client base spanning a broad range of
sectors, including finance, professional services, advertising, IT,
gaming, fashion, fintech, and beverages. The Group also provides
high level consultancy services to help clients maximise and
deliver on their long-term communication strategies over multiple
event and film touchpoints.
Aeorema delivers these services via its fully owned companies
Cheerful Twentyfirst and Cheerful Twentyfirst, Inc. (the North
American arm of Cheerful Twentyfirst) (cheerfultwentyfirst.com),
two live events agencies with film capabilities that specialise in
devising and delivering corporate communication solutions. The
Group also operates Eventful Limited (www.eventful.co.uk), which
provides consultative, high-touch services including assisting
clients with venue sourcing, event management and incentive travel.
With more than 56 years of combined operating experience and
extensive award wins, Aeorema is a recognised industry thought
leader and for the year ended 30 June 2022 reported record revenue
and profits (before tax) of GBP12.2 million and GBP843,564
respectively, and also declared a dividend for the year.
Central to all that the Group does is its Corporate Social
Responsibility charter, which is focussed on ensuring sustainable,
inclusive, and ethical business operations. To this end, the Group
is a pioneer in delivering innovative strategies and services,
including a client carbon measurement programme to establish a
formal structure and approach around reducing emissions and
offsetting both its own and its clients' carbon footprint.
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