Aeorema Communications Plc Director/PDMR Shareholding (6211Y)

TIDMAEO

RNS Number : 6211Y

Aeorema Communications Plc

23 August 2018

23 August 2018

Aeorema Communications plc

("Aeorema" or the "Company")

Grant of Options to Directors

Aeorema Communications plc announces that further to its announcement of 17 November 2017 regarding the grant of options to Steve Quah and Andrew Harvey, both directors of the Company, these options have been surrendered and re-granted for administrative reasons in connection with the Company's EMI share option scheme.

The Company has granted a total of 600,000 options to directors of the Company, under its EMI share option scheme, as follows:

 
 Name             Title             Number of Options   Total options 
                                     granted             held following 
                                                         grant 
                  Joint Managing 
 Steve Quah        Director         300,000             600,000 
                 ----------------  ------------------  ---------------- 
                  Joint Managing 
 Andrew Harvey     Director         300,000             300,000 
                 ----------------  ------------------  ---------------- 
 

The options have an exercise price of 29p, being the average closing mid-market share price of an Ordinary Share on AIM in the thirty days ended 22 August 2018. The options vest on 17 November 2020 and can be exercised in the period from 17 November 2020 until 5:00pm on the business day before the tenth anniversary of the date of grant, being 22 August 2018.

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

 
 Mike Hale           Aeorema Communications        Tel: +44 (0) 20 
                      plc                                7291 0444 
 John Depasquale /   Allenby Capital Limited   Tel: [phone] 
  Liz Kirchner        (Nominated Adviser                      5656 
                      and Broker) 
 Charlotte Page /    St Brides Partners            Tel: +44 (0) 20 
  Isabel de Salis     Ltd                                7236 1177 
 

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

 
 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                       Steve Quah 
                                -------------------------------------------- 
 2    Reason for notification 
     -------------------------  -------------------------------------------- 
 a.   Position/Status            Joint Managing Director 
     -------------------------  -------------------------------------------- 
 b.   Initial notification/      Initial Notification 
       Amendment 
     -------------------------  -------------------------------------------- 
 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             Options over Ordinary Shares of 12.5p each 
       the financial 
       instrument, type 
       of instrument              ISIN: GB00B4QHH456 
 
       Identification 
       Code 
     -------------------------  -------------------------------------------- 
 b.   Nature of the              Grant of options under the EMI Share Scheme 
       transaction 
     -------------------------  -------------------------------------------- 
 c.   Price(s) and               Option awarded over 300,000 shares at an 
       volume(s)                  exercise price of 29p per share 
     -------------------------  -------------------------------------------- 
 d.   Aggregated information     N/A - Single Transaction 
       - Aggregated 
       Volume 
       - Price 
     -------------------------  -------------------------------------------- 
 e.   Date of the transaction    22 August 2018 
     -------------------------  -------------------------------------------- 
 f.   Place of the               Outside of trading venue 
       transaction 
     -------------------------  -------------------------------------------- 
 
 
 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                       Andrew Harvey 
                                -------------------------------------------- 
 2    Reason for notification 
     -------------------------  -------------------------------------------- 
 a.   Position/Status            Joint Managing Director 
     -------------------------  -------------------------------------------- 
 b.   Initial notification/      Initial Notification 
       Amendment 
     -------------------------  -------------------------------------------- 
 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             Options over Ordinary Shares of 12.5p each 
       the financial 
       instrument, type 
       of instrument              ISIN: GB00B4QHH456 
 
       Identification 
       Code 
     -------------------------  -------------------------------------------- 
 b.   Nature of the              Grant of options under the EMI Share Scheme 
       transaction 
     -------------------------  -------------------------------------------- 
 c.   Price(s) and               Option awarded over 300,000 shares at an 
       volume(s)                  exercise price of 29p per share 
     -------------------------  -------------------------------------------- 
 d.   Aggregated information     N/A - Single Transaction 
       - Aggregated 
       Volume 
       - Price 
     -------------------------  -------------------------------------------- 
 e.   Date of the transaction    22 August 2018 
     -------------------------  -------------------------------------------- 
 f.   Place of the               Outside of trading venue 
       transaction 
     -------------------------  -------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 23, 2018 02:01 ET (06:01 GMT)