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Today 17:10
8 June 2026
AIREA plc
("AIREA", the "Group" or the "Company")
Exercise of Options / PDMR notification
AIREA plc (AIM: AIEA) announces the exercise of, in total, 1,204,464 nil cost options ("Options") under its Long Term Incentive Plan ("LTIP") by certain Directors and employees, including Médéric Payne (Chief Executive Officer) and Conleth Campbell (Chief Financial Officer), each a person discharging managerial responsibilities ("PDMR"). The ordinary shares of 25 pence each in the Company ("Ordinary Shares") awarded to satisfy the exercise of the Options have been transferred from the Company's Employee Benefit Trust ("EBT") and no new Ordinary Shares issued.
Details of the exercise of options by PDMRs are set out below.
Director/PDMR | Number of Options exercised | Number of Ordinary Shares received pursuant to the exercise | Enlarged Interest in Ordinary Shares | Enlarged Interest in Ordinary Shares as a Percentage of the Company's issued share capital |
Médéric Payne | 342,240 | 342,240 | 420,240 | 1.02% |
Conleth Campbell | 138,000 | 138,000 | 238,000 | 0.58% |
Mr Payne and Mr Campbell have each irrevocably committed to selling such number of Ordinary Shares ("Sales") to cover their respective tax liabilities arising on the exercise of their Options. Details of such Sales will be disclosed once the relevant market trades have taken place.
- Ends -
For further information please contact:
AIREA plc Médéric Payne, Chief Executive Officer Conleth Campbell, Chief Financial Officer | Tel: +44 (0) 192 426 6561 |
Singer Capital Markets(Nominated Adviser and Sole Broker) Peter Steel / Anastassiya Eley | Tel: +44 (0) 20 7496 3000 |
Northstar Communications(Financial media and PR) Sarah Hollins | Tel: +44 (0) 7764 947137 |
Notes to Editors
AIREA plc is a UK design-led specialist flooring company, supplying both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.
The Group's core brand Burmatex® is one of the UK's leading designers and manufacturers of commercial carpet tiles and planks. Burmatex® focuses on the design and creation of sustainable innovative flooring solutions to meet the needs of architects, specifiers and contractors with a continuously developing range to suit the education, leisure, commercial, hospitality and public sectors. The brand was acquired by AIREA in 1984.
The Group was admitted to trading on AIM of the London Stock Exchange on 12 December 2007.
For further information, please visit: https://aireaplc.com/.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Médéric Payne | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Chief Executive Officer) | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | AIREA plc | |
b) | LEI | 213800FNWL76NCLZU343 | |
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 financial instrument, type of instrument | Ordinary Shares of 25 pence each | |
Identification code | GB0008123027 | ||
b) | Nature of the transaction | Exercise of options over Ordinary Shares pursuant to the Company's long term incentive plan | |
c)
| Price(s) and volume(s)
| Price | Volume |
Nil cost | 342,240 | ||
d) | Aggregated information - Aggregated volume - Price
|
N/A - single transaction. | |
e) | Date of the transaction | 8 June 2026 | |
f) | Place of the transaction | Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Conleth Campbell | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Chief Financial Officer) | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | AIREA plc | |
b) | LEI | 213800FNWL76NCLZU343 | |
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 financial instrument, type of instrument | Ordinary Shares of 25 pence each | |
Identification code | GB0008123027 | ||
b) | Nature of the transaction | Exercise of options over Ordinary Shares pursuant to the Company's long term incentive plan | |
c)
| Price(s) and volume(s)
| Price | Volume |
Nil cost | 138,000 | ||
d) | Aggregated information - Aggregated volume - Price
| N/A - single transaction | |
e) | Date of the transaction | 8 June 2026 | |
f) | Place of the transaction | Outside a trading venue | |
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