Last checked at 29 Apr 2020 14:00
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF IRELAND, SWITZERLAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
29 April 2020
Everyman Media Group PLC
("Everyman" the "Company" or the "Group")
Result of General Meeting and Issue of Options
Everyman Media Group PLC (AIM: EMAN), the independent, premium cinema group, is pleased to announce that, further to the announcements made on 8 April 2020, at the General Meeting held earlier today at 10.00 a.m. (UK), all resolutions were duly passed. Accordingly, it is expected that Admission will become effective and dealings in the Placing Shares will commence at 8.00 a.m. on 30 April 2020.
Following Admission of the Placing Shares, the issued share capital of the Company will consist of 91,095,469 Ordinary Shares, with one voting right each. The Company does not hold any Ordinary Shares in treasury.
The above figures may be used by shareholders in the Company, following Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Company continues to be grateful for the support of its employees, both those working to drive the business forward during the ongoing uncertainty and those furloughed following the temporary site closures. As recognition of their important role as Everyman emerges from the crisis, the Company has therefore decided to today grant options over 840,000 Ordinary Shares ("Options") to a large number of key staff and consultants upon which it is dependent for its long-term future. A significant number of options have been granted to staff, all of whom have either been furloughed or had to accept significant salary reductions. No directors of the Board have been issued any Options, although the following persons discharging managerial responsibilities ("PDMRs") have received an award:
Name | Position | Number of options awards | Total Options held |
Peter Alderman | Head of Construction | 10,000 | 168,763 |
Hoss Ghonouie | Head of Marketing | 60,000 | 152,650 |
Roy Gower | Head of Film | 10,000 | 98,737 |
Gavin Hughes | Operations Director | 120,000 | 584,003 |
Tarini Iranah | Financial Controller | 10,000 | 10,000 |
The Options will be exercisable from 29 April 2023 and have an exercise price of 100 pence. The Options have been issued under the Company's share option plan adopted by the Board on 29 October 2013.
The definitions referenced in this announcement remain in line with those from the announcement published at 7.00 a.m. (UK) on 8 April 2020, unless otherwise stated. For further information, please contact:
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The information below set out in accordance with the requirement of the EU Market Abuse Regulation provides further detail.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a. | Name | Peter Alderman | ||||
2 | Reason for notification | |||||
a. | Position/Status | Head of Construction | ||||
b. | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Everyman Media Group plc | ||||
b. | LEI | 213800XIF4R73HAM8S36
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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 instrumentIdentification Code | Options over Ordinary Shares of 10 pence each GB00BFH55S51 | ||||
b. | Nature of the transaction | Grant of Options | ||||
c. | Price(s) and volume(s) |
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d. | Aggregated information - Aggregated Volume - Price | N/A - Single Transaction | ||||
e. | Date of the transaction | 29 April 2020 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a. | Name | Hoss Ghonouie | ||||
2 | Reason for notification | |||||
a. | Position/Status | Head of Marketing | ||||
b. | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Everyman Media Group plc | ||||
b. | LEI | 213800XIF4R73HAM8S36
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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 instrumentIdentification Code | Options over Ordinary Shares of 10 pence each GB00BFH55S51 | ||||
b. | Nature of the transaction | Grant of Options | ||||
c. | Price(s) and volume(s) |
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d. | Aggregated information - Aggregated Volume - Price | N/A - Single Transaction | ||||
e. | Date of the transaction | 29 April 2020 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a. | Name | Roy Gower | ||||
2 | Reason for notification | |||||
a. | Position/Status | Head of Film | ||||
b. | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Everyman Media Group plc | ||||
b. | LEI | 213800XIF4R73HAM8S36
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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 instrumentIdentification Code | Options over Ordinary Shares of 10 pence each GB00BFH55S51 | ||||
b. | Nature of the transaction | Grant of Options | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information - Aggregated Volume - Price | N/A - Single Transaction | ||||
e. | Date of the transaction | 29 April 2020 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a. | Name | Gavin Hughes | ||||
2 | Reason for notification | |||||
a. | Position/Status | Operations Director | ||||
b. | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Everyman Media Group plc | ||||
b. | LEI | 213800XIF4R73HAM8S36
| ||||
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 instrumentIdentification Code | Options over Ordinary Shares of 10 pence each GB00BFH55S51 | ||||
b. | Nature of the transaction | Grant of Options | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information - Aggregated Volume - Price | N/A - Single Transaction | ||||
e. | Date of the transaction | 29 April 2020 | ||||
f. | Place of the transaction | Outside a trading venue | ||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a. | Name | Tarini Iranah | ||||
2 | Reason for notification | |||||
a. | Position/Status | Financial Controller | ||||
b. | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Everyman Media Group plc | ||||
b. | LEI | 213800XIF4R73HAM8S36
| ||||
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 instrumentIdentification Code | Options over Ordinary Shares of 10 pence each GB00BFH55S51 | ||||
b. | Nature of the transaction | Grant of Options | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information - Aggregated Volume - Price | N/A - Single Transaction | ||||
e. | Date of the transaction | 29 April 2020 | ||||
f. | Place of the transaction | Outside a trading venue | ||||