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Grant of Options under Share Option Plan

18 Sep 2019 11:41

RNS Number : 8221M
Arena Events Group PLC
18 September 2019
 

18 September 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 ("Share Options") have been granted to incoming CFO, Steve Trowbridge, under the Company's existing Share Option Plan put in place at the time of the IPO in 2017 (the "Plan").

Steve will be issued 2,162,162 Share Options at an exercise price of 18.5p, vesting 720,721 on the third anniversary of grant, 720,721 on the fourth anniversary and 720,720 on the fifth anniversary.

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.

Enquires:

Arena Events Group plc

Greg Lawless (CEO)

Piers Wilson (CFO)

 

Cenkos Securities (Nomad and Broker)

 

+44(0)203 770 3838

 

 

+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

 

Steve Towbridge

2

 

Reason for the notification

 

a)

 

Position/status

 

Incoming Group CFO

 

b)

 

Initial notification /Amendment

 

Initial Notification

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 financial instrument, type of instrument

 

Identification code

Options over ordinary shares of 1 pence each

 

 

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)

18.5 pence

2,162,162

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A - single transaction

e)

 

Date of the transaction

 

 

17 September 2019

f)

 

Place of the transaction

 

 

Outside of a trading venue

 

 

 

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
 
 
DSHEAENPFDKNEFF
Date   Source Headline
27th Mar 20122:24 pmRNSVesting of Shares
27th Mar 20122:24 pmRNSCourt approval of the Scheme
26th Mar 20124:12 pmRNSOFT Approval
26th Mar 20123:54 pmRNSMerger Update - Replacement
26th Mar 20121:36 pmBUSForm 8.3 - Arena Leisure Plc
22nd Mar 201212:40 pmRNSForm 8.3 - Arena Leisure Plc
12th Mar 20127:00 amRNSFinal Results
8th Mar 20121:46 pmBUSForm 8.3 - Arena Leisure Plc
7th Mar 20122:48 pmRNSResults of court meeting & GM
24th Feb 20124:35 pmRNSTransfer of shares
23rd Feb 20129:25 amRNSVoting process
21st Feb 20122:11 pmBUSForm 8.3 - Arena Leisure Plc
16th Feb 20122:09 pmRNSForm 8.3 - [Arena Leisure Plc]
14th Feb 201211:49 amRNSForm 8.3 - [Arena Leisure Plc]
13th Feb 20122:33 pmRNSForm 8.3 - [Arena Leisure Plc]
9th Feb 201212:22 pmRNSForm 8.3 - Arena Leisure Plc
31st Jan 20123:00 pmRNSMerger Update
23rd Jan 201211:43 amRNSForm 8.3 - [Arena Leisure Plc]
19th Jan 201212:26 pmRNSForm 8.3 - [Arena Leisure Plc]
18th Jan 20122:20 pmRNSForm 8.3 - [Arena Leisure Plc]
17th Jan 20121:50 pmRNSForm 8.3 - [Arena Leisure Plc]
16th Jan 201210:52 amRNSForm 8.3 - [Arena Leisure Plc]
13th Jan 20124:59 pmRNSOffer by Aldersgate Investments Limited
6th Jan 20124:59 pmRNSExtension to Deadline
30th Dec 20111:00 pmRNSFurther extension to deadline
16th Dec 20113:38 pmRNSFurther extension to deadline
18th Nov 201112:55 pmRNSInterim Management Statement
18th Nov 201112:55 pmRNSFurther extension to deadline
16th Nov 20111:06 pmRNSForm 8.3 - Arena Leisure Plc
15th Nov 201111:12 amRNSForm 8.3 - [Arena Leisure Plc]
7th Nov 201111:28 amRNSForm 8.3 - [Arena Lesiure Plc]
4th Nov 201111:14 amRNSForm 8.3 - [Arena Leisure Plc]
3rd Nov 20111:28 pmRNSForm 8.3 - Arena Leisure PLC
2nd Nov 201112:15 pmRNSForm 8.3 - [Arena Leisure Plc]
1st Nov 201112:52 pmRNSForm 8.3 - [Arena Leisure Plc]
18th Oct 201111:00 amRNSExtension to deadline
13th Oct 20112:25 pmRNSForm 8.3 - Arena Leisure PLC
12th Oct 20112:38 pmRNSForm 8.3 - Arena Leisure PLC
11th Oct 20112:19 pmRNSForm 8.3 - Arena Leisure Plc
7th Oct 20112:55 pmRNSForm 8.3 - Arena Leisure PLC
5th Oct 20115:19 pmRNSForm 8 (OPD) - Arena Leisure Plc
22nd Sep 201112:27 pmRNSForm 8.3 - Arena Leisure PLC
20th Sep 20114:53 pmRNSResponse to press speculation
19th Sep 20114:33 pmRNSOffer Period Update
6th Sep 20113:49 pmRNSForm 8.3 - [Arena Leisure Plc]
5th Sep 20113:06 pmRNSForm 8.3 - [Arena Leisure Plc]
1st Sep 20113:07 pmRNSForm 8.3 - [Arena Leisure Plc]
31st Aug 201111:37 amRNSForm 8.3 - [Arena Leisure Plc]
26th Aug 20113:12 pmRNSForm 8.3 - [Arena Leisure Plc]
25th Aug 20113:09 pmRNSForm 8.3 - [Arena Leisure Plc]

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