Last checked at 25 May 2022 14:00
Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media
25 May 2022
Aeorema Communications plc ('Aeorema' or 'the Company' or 'the Group')
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").
A total of 150,000 Options have been granted to three senior members of staff under the Company's EMI share option scheme.
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.
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.
*ENDS*
For further information visit www.aeorema.com or contact:
Mike Hale
| Aeorema Communications plc | +44 (0)20 7291 0444 |
John Depasquale / Liz Kirchner (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking)
| 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 |