Notification of Transactions by a Director/PDMR

RNS Number : 8552Z

Eagle Eye Solutions Group PLC

17 March 2017

 

Eagle Eye Solutions Group plc

(the "Company")

Notification of Transactions by a Director/PDMR

The Company was today informed that on 16 and 17 March 2017, Mr Bill Currie, Non-Executive Director, acquired 300,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 144.5 pence per share. Following this transaction Mr Currie's beneficial interest in Ordinary Shares is now 2,640,385, representing approximately 11.91 percent of the Company's issued ordinary share capital.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr Bill Currie
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 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	Ordinary shares of 1p each GB00BKF1YD83
b)	Nature of transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		a)   £1.445 b)   £1.445	275,000 25,000
	Aggregated information -      Aggregated volume -      Price	300,000 £1.445
e)	Date of the transaction	a)   16 March 2017 b)   17 March 2017
f)	Place of the transaction	London Stock Exchange

For further information, please contact: Eagle Eye
Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer	Tel: [phone]
Investec (Nominated Advisor and Broker)
Dominic Emery/ David Anderson, Corporate Finance	Tel: [phone]
Matt Lewis, Corporate Broking Hudson Sandler
Nick Lyon/Alex Brennan	Tel: [phone]
Information on Eagle Eye www.eagleeye.com

Eagle Eye is a leading SaaS technology company that securely validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries.

The Company's digital marketing platform, Eagle Eye AIR, enables the secure, real-time, multi-channel issuance, management and redemption of digital promotions and rewards, replacing previously used paper-based methods. Our Eagle Eye platform creates a network effect between merchants, distributors and brands enabling stronger connections and value to all parties. Through our four products we enable brands and merchants to reduce cost, improve their customer offer and accelerate their innovation.

The UK promotions market is currently transitioning through substantial change as both retailers and consumers are moving away from paper and plastic to digital. In 2014 there were in excess of 730 million coupons redeemed in the UK¹, and 16 billion digital coupons redeemed worldwide².

The Eagle Eye AIR platform comprises four key products: Eagle Eye Promote - for the management of offers and promotions, Eagle Eye Gift - for gift cards and customer care, Eagle Eye Reward - for loyalty and reward schemes and Eagle Eye Engage - for digital messaging. These four products enable the Company's customers to deliver targeted promotions, gift vouchers and rewards to consumers in real time, in a simple and secure way, across multiple marketing communications channels including email, SMS messaging and loyalty apps. The promotions can be redeemed securely by the consumer through any enabled point of sale channel.

The Company's current customer base comprises leading names in UK grocery, retail and hospitality including Asda, J Sainsbury, Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells & Butlers, Pizza Express, Tesco and Thomas Pink.

 

END

 

 

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