Exercise of Options

RNS Number : 0577K

Aeorema Communications Plc

16 December 2022

 

Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media

 16 December 2022

Aeorema Communications plc ('Aeorema' or 'the Company' or 'the Group')

Exercise of Options

Aeorema Communications plc, a leading strategic communications group based in London, New York City and Amsterdam, announces that it has issued and allotted 300,000 new ordinary shares of 12.5p each ("Ordinary Shares") following the exercise of options at 16.5p per Ordinary Share by Steve Quah, Chief Executive Officer of the Company.

Application has been made to the London Stock Exchange for the 300,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 21 December 2022.

Upon Admission, Mr. Quah will have a beneficial interest in 781,010 Ordinary Shares in the Company, representing 8.19 per cent. of the enlarged issued share capital. 

The table for notification and public disclosure of transactions by persons discharging managerial responsibilities in accordance with the requirements of the EU Market Abuse Regulation, which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018, is appended below.

Total Voting Rights

The Company advises that following Admission, the Company's issued share capital with voting rights will be 9,538,000 Ordinary Shares.

The above figure of 9,538,000 may be used by shareholders 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 Company under the FCA's Disclosure and Transparency Rules.

**ENDS**

For further information visit  www.aeorema.com or contact:

Andrew Harvey	Aeorema Communications plc	Tel: [phone]
John Depasquale / Freddie Wooding (Corporate Finance) Kelly Gardiner (Sales and Corporate Banking)	Allenby Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
Catherine Leftley/ Charlotte Page	St Brides Partners Ltd  (Financial PR)	Tel: [phone]

  Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Quah
2	Reason for the notification
a)	Position/status	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	Aeorema Communications Plc
b)	LEI	213800PJBW6O7NDCKJ08
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
	Identification code	GB00B4QHH456
b)	Nature of the transaction	Exercise of Options to acquire Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			16.5p	300,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	16 December 2022
f)	Place of the transaction	Off Market Transaction

 

END

 

 

MSCBLBDDBXBDGDL