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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Airea PLC | AQSE:AIEA.GB | Aquis Stock Exchange | Ordinary Share | GB0008123027 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 31.50 | 29.00 | 34.00 | 31.50 | 31.50 | 31.50 | 0.00 | 07:00:28 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAIEA
RNS Number : 9187J
Airea PLC
16 December 2022
AIREA PLC
("the Company")
Long Term Incentive Plan Awards
AIREA plc (LSE: AIEA), the manufacturer, marketer and distributor of floor coverings, announces that on 15 December 2022, under the terms of the Company's recently established Long Term Incentive Plan ("LTIP"), nil-cost options over ordinary shares of 25 pence each in the Company ("Ordinary Shares") were granted to Mederic Payne (Chief Executive Officer) and Ryan Thomas (Group Finance Director), each a person discharging managerial responsibilities, as follows:
Option Holder Number of Ordinary Shares subject to an option Mederic Payne 500,000 ---------------------------------- Ryan Thomas 350,000 ----------------------------------
Each award has been granted subject to performance conditions based on the Company's earnings before interest, tax and depreciation ("EBITDA") and share price performance over a three year period ending 31 December 2025. Each award will, ordinarily, vest on 31 December 2025 and is capable of exercise between 1 January 2026 and 15 December 2032.
Further details of the LTIP will be provided in the Company's Annual Report and Accounts for the year ending 31 December 2022 to be published in 2023.
AIREA plc
Martin Toogood , Chairman 01924 266561
Singer Capital Markets
Peter Steel 0207 496 3000
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Mederic Payne ------------------------------- ---------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------- a) Position/status PDMR (Chief Executive Officer) ------------------------------- ---------------------------------------- b) Initial notification Initial notification /Amendment ------------------------------- ---------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name AIREA plc ------------------------------- ---------------------------------------- b) LEI 213800FNWL76NCLZU343 ------------------------------- ---------------------------------------- 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 Ordinary Shares of 25 pence each financial instrument, type of instrument Identification code GB00BW9PJQ87 ------------------------------- ---------------------------------------- b) Nature of the transaction Grant of options over Ordinary Shares pursuant to the Company's long term incentive plan ------------------------------- ---------------------------------------- c) Price(s) and volume(s) Price Volume ------------------------------- ------------ -------------------------- Nil cost Options over 500,000 Ordinary Shares ------------------------------- ------------ -------------------------- d) Aggregated information - Aggregated volume N/a - Price ------------------------------- ---------------------------------------- e) Date of the transaction 15 December 2022 ------------------------------- ---------------------------------------- f) Place of the transaction Outside a trading venue ------------------------------- ---------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Ryan Thomas ------------------------------- ---------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------- a) Position/status PDMR (Group Finance Director) ------------------------------- ---------------------------------------- b) Initial notification Initial notification /Amendment ------------------------------- ---------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name AIREA plc ------------------------------- ---------------------------------------- b) LEI 213800FNWL76NCLZU343 ------------------------------- ---------------------------------------- 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 Ordinary Shares of 25 pence each financial instrument, type of instrument Identification code GB00BW9PJQ87 ------------------------------- ---------------------------------------- b) Nature of the transaction Grant of options over Ordinary Shares pursuant to the Company's long term incentive plan ------------------------------- ---------------------------------------- c) Price(s) and volume(s) Price Volume ------------------------------- ------------ -------------------------- Nil cost Options over 350,000 Ordinary Shares ------------------------------- ------------ -------------------------- d) Aggregated information - Aggregated volume N/a - Price ------------------------------- ---------------------------------------- e) Date of the transaction 15 December 2022 ------------------------------- ---------------------------------------- f) Place of the transaction Outside a trading venue ------------------------------- ----------------------------------------
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(END) Dow Jones Newswires
December 16, 2022 02:00 ET (07:00 GMT)
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