Issue of share options

RNS Number : 0391V

Eagle Eye Solutions Group PLC

09 April 2021

 

9 April 2021

Eagle Eye Solutions Group plc

("Eagle Eye", the "Group", or the "Company")

Issue of share options

Eagle Eye, a leading SaaS technology company that creates digital connections enabling personalised, real-time marketing through coupons, loyalty, apps, subscriptions and gift services, announces that the following options over ordinary shares of 1p each in Eagle Eye ("Ordinary Shares") were granted on 8 April 2021 to the following Executive Directors and person discharging managerial responsibilities ("PDMRs") of Eagle Eye for nil cost as follows:

Director/PDMR	Role	Number of Ordinary Shares subject to option grant	Total number of Ordinary Shares under option post grant	% of existing issued share capital
Tim Mason	CEO	142,662	1,729,908	6.6%
Steve Rothwell	CTO	82,412	831,759	3.2%
Lucy Sharman-Munday	CFO	82,412	662,480	2.5%
Al Henderson	CSO	37,876	304,041	1.2%
David Aylmer	COO	47,911	350,426	1.3%

These awards have been made under the Eagle Eye Group Solutions Plc Long Term Incentive Plan scheme with an exercise price of 1p per Ordinary Share and have been granted under the current year's Long Term Incentive Plan performance criteria, vesting following completion of the financial year ending 30 June 2023 subject to revenue and EBITDA performance criteria and the overall underlying performance of the Company. In common with previous awards, the number of options which vest will vary depending on the level of achievement between threshold, target and stretch performance levels.

Following the new grant of options and assuming all vesting criteria is met, the fully diluted number of Ordinary Shares would be 30,594,498; of which the total number of Ordinary Shares over which options currently issued and outstanding represent 14.7% of the fully diluted number of Ordinary Shares. This is in accordance with the Company's shareholder approved limit for shares outstanding under the Company's share option schemes at any time of a maximum of 20% of the ordinary share capital of the Company in issue at such time.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Tim Mason 2.  Steve Rothwell 3.  Lucy Sharman-Munday 4.  Al Henderson 5.  David Aylmer
2	Reason for the notification
a)	Position/status	1.  Chief Executive Officer 2.  Chief Technology Officer 3.  Chief Financial Officer 4.  Chief Sales Officer 5.  Chief Operating Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eagle Eye Solutions Group plc
b)	LEI	2138002S1AIBVVMZ7A21
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 1p each GB00BKF1YD83
b)	Nature of transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  Nil 2.  Nil 3.  Nil 4.  Nil 5.  Nil	1.  142,662 2.  82,412 3.  82,412 4.  37,876 5.  47,911
	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	8 April 2021
f)	Place of the transaction	Outside of a trading venue

For further information, please contact: Eagle Eye Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer	Tel: [phone]
Investec (Nominated Advisor and Joint Broker) Corporate Finance: David Anderson/ Sebastian Lawrence Corporate Broking: Sara Hale/ Toba Fatimilehin	Tel: [phone]
Shore Capital (Joint Broker) Corporate Finance: Hugh Morgan/ Daniel Bush/ Sarah Mather Corporate Broking: Henry Willcocks	Tel: [phone]
Alma PR Caroline Forde, Robyn Fisher, Molly Gretton	Tel: [phone]

About Eagle Eye

Eagle Eye is a leading SaaS technology company transforming marketing by creating digital connections that enable personalised performance marketing in real time through coupons, loyalty, apps, subscriptions and gift services. 

Eagle Eye AIR enables the secure issuance and redemption of digital offers and rewards at scale, across multiple channels, enabling a single customer view. We create a network between merchants, brands and audiences to enable customer acquisition, interaction and retention at lower cost whilst driving marketing innovation.

The Company's current customer base comprises leading names in UK Grocery, Retail, Leisure and Food & Beverage sectors, including Asda, Sainsbury's, Tesco, Waitrose and John Lewis & Partners, Virgin Red, JD Sports, Pret a Manger, Greggs, Mitchells & Butlers, Pizza Express; in North America, Loblaws, Shoppers Drug Mart and Southeastern Grocers and in Australia & New Zealand, Woolworths Group and The Warehouse Group.

For more information, please visit www.eagleeye.com

 

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