25 May 2022 14:00
Â
Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: MediaÂ
25 May 2022
Aeorema Communications plc ('Aeorema' or 'the Company' or 'the Group')Â
Grant of Options
Aeorema Communications plc, the AIM-traded live events agency, announces that it has granted options ("Options") over new shares of 12.5 pence each in the Company ("Ordinary Shares").
Â
A total of 150,000 Options have been granted to three senior members of staff under the Company's EMI share option scheme.
Â
The Options are exercisable at 60 pence per Ordinary Share (being the closing mid-market price of an Ordinary Share on 23 May 2022), will vest on 23 May 2025 and can 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.
Â
The Options granted represent 2 per cent of the Company's current issued share capital. In total 1,770,000 options over Ordinary Shares are now outstanding, representing 19 per cent of the Company's current issued share capital.
Â
*ENDS*
Â
For further information visit www.aeorema.com or contact:
Â
Mike Hale   | Aeorema Communications plc | +44 (0)20 7291 0444 |
John Depasquale / Liz Kirchner (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking) Â | Allenby Capital Limited (Nominated Adviser and Broker) | +44 (0)20 3328 5656 |
Catherine Leftley/ Selina Lovell | St Brides Partners Ltd (Financial PR) | info@stbridespartners.co.uk |
Â
Â
Â
Â
Â
Â
Â
Â