Arena Events Group PLC Grant of Options under Share Option Plan (4731X)
30 April 2019 - 4:01PM
UK Regulatory
TIDMARE
RNS Number : 4731X
Arena Events Group PLC
30 April 2019
30 April 2019
ARENA EVENTS GROUP PLC
(the "Company")
Grant of Options under Share Option Plan
Arena Events Group plc (AIM: ARE), announces that share options
to acquire ordinary shares of 1 penny each in the Company
("Ordinary Shares") have been granted to certain Persons
Discharging Managerial Responsibilities ("PDMRs") under the
Company's existing Share Option Plan put in place at the time of
the IPO in 2017 (the "Plan").
The award of options were granted to the following PDMRs at an
exercise price of 40 pence per ordinary share (the "Awards"):
Name Role Number of Ordinary Percentage of
Shares over which issued share capital
Awards granted
C Morris UK CEO 450,000 0.29%
--------- ------------------- ---------------------
P Bryant US CEO 225,000 0.15%
--------- ------------------- ---------------------
P Berger MEA CEO 225,000 0.15%
--------- ------------------- ---------------------
The Awards shall vest only to the extent that the conditions set
by the Remuneration Committee are satisfied and subject to the
Rules of the Plan. 100% of the Awards are subject to an Earnings
per Share performance condition, measured over a three year
performance period. To the extent that the performance conditions
are not satisfied, the Awards shall lapse.
Enquires:
Arena Events Group plc
Greg Lawless (CEO)
Piers Wilson (CFO)
Cenkos Securities (Nomad and +44(0)203 770 3838
Broker) +44(0)207 397 8900
Max Hartley (Corporate Finance)
Julian Morse (Sales)
Alma PR (Financial PR) +44(0)203 405 0205
Josh Royston / John Coles / Helena
Bogle
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Chris Morris
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status UK Division CEO
--------------------------- --------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Area Events Group plc
--------------------------- --------------------------------------
b) LEI 213800Z94NF6F4C9AD43
--------------------------- --------------------------------------
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 of 1
financial instrument, pence each
type of instrument
Identification code GB00BF0HYJ24
--------------------------- --------------------------------------
b) Nature of the transaction Grant of options to purchase ordinary
shares of 1p each under the Arena
Group Employee Share Options Scheme
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
40 pence 450,000
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
--------------------------- --------------------------------------
e) Date of the transaction 29 April 2019
--------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange (AIM)
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Paul Bryant
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status US CEO
--------------------------- --------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Area Events Group plc
--------------------------- --------------------------------------
b) LEI 213800Z94NF6F4C9AD43
--------------------------- --------------------------------------
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 Grant of options to purchase ordinary
financial instrument, shares of 1p each under the Arena
type of instrument Group Employee Share Options Scheme
Identification code GB00BF0HYJ24
--------------------------- --------------------------------------
b) Nature of the transaction Grant of options to purchase ordinary
shares of 1p each under the Arena
Group Employee Share Options Scheme
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
40 pence 225,000
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
--------------------------- --------------------------------------
e) Date of the transaction 29 April 2019
--------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange (AIM)
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Paul Berger
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status MEA CEO
--------------------------- --------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Area Events Group plc
--------------------------- --------------------------------------
b) LEI 213800Z94NF6F4C9AD43
--------------------------- --------------------------------------
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 of 1
financial instrument, pence each
type of instrument
Identification code GB00BF0HYJ24
--------------------------- --------------------------------------
b) Nature of the transaction Grant of options to purchase ordinary
shares of 1p each under the Arena
Group Employee Share Options Scheme
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
40 pence 225,000
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
--------------------------- --------------------------------------
e) Date of the transaction 29 April 2019
--------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange (AIM)
--------------------------- --------------------------------------
This information is provided by RNS, the news service of the
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
DSHPGUMUCUPBGBB
(END) Dow Jones Newswires
April 30, 2019 02:01 ET (06:01 GMT)
Arena Events (LSE:ARE)
Historical Stock Chart
From May 2024 to Jun 2024
Arena Events (LSE:ARE)
Historical Stock Chart
From Jun 2023 to Jun 2024
