Amino Technologies PLC Grant of Share Options (5112Y)

TIDMAMO

RNS Number : 5112Y

Amino Technologies PLC

09 September 2020

9 September 2020

AMINO TECHNOLOGIES PLC

("Amino", the "Company" or the "Group")

Grant of Share Options

Amino Technologies plc (LSE AIM: AMO), the global provider of media and entertainment technology solutions, announces that the Group's Remuneration Committee and the Board have granted options ("Options") over ordinary shares of 1p ("Ordinary Shares") to Donald McGarva (Chief Executive Officer) and Mark Carlisle (Chief Financial Officer and Chief Operations Officer).

A total of 224,600 Options were granted to Donald McGarva. As a result, Donald McGarva now holds a total of 534,600 options over Ordinary Shares. Mr McGarva is also beneficially interested in a total of 544,698 Ordinary Shares.

A total of 163,000 Options were granted to Mark Carlisle. As a result, Mark Carlisle now holds 388,000 options over Ordinary Shares. Mr Carlisle is also beneficially interested in a total of 8,751 Ordinary Shares.

Both of these grants are nil-cost Options and subject to continued employment and the meeting of certain performance conditions, as previously disclosed. The Options will vest over three years.

The Board of the Group considers Options are an effective and important mechanism to incentivise and retain the executive team and to align them with shareholder interests.

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.

For further information please contact:

 
 Amino Technologies PLC                             [phone] 
 Donald McGarva, Chief Executive Officer 
  Mark Carlisle, Chief Financial Officer 
 
                                                    [phone] 
 finnCap Ltd (NOMAD and Broker)                      0500 
 Matt Goode / Simon Hicks (Corporate Finance) 
  Tim Redfern / Richard Chambers (Equity Capital 
  Markets) 
 
                                                    [phone] 
 FTI Consulting (Financial communications)           1000 
 Jamie Ricketts / Chris Birt / Gregory Hynes 
 

About Amino Technologies plc

Amino Technologies plc is a new breed of Media Tech business, focused on enabling operators to meet the challenge of the rapidly converging worlds of broadcast and next-generation streaming services. We believe the operators that will succeed will be those that allow consumers to control how, when and where they "watch TV" and consume video. The smart operator will enable each consumer to define what TV means to them.

It is our mission to anticipate the technological and consumer behavioural trends so that we can keep on creating the solutions that enable operators and media companies to drive growth in engagement and profitability while embracing the inevitable disruption to the video market. The Group meets these challenges through combining its award-winning IP/cloud platforms and deep deployment expertise to create solutions that enable our customers to design and deliver innovative and profitable next-generation video experiences.

Amino Technologies plc consists of two operating companies providing transformational media experiences: Amino Communications, with TV-centric solutions and 24i, focused on streaming and OTT experiences.

24i and Amino Communications are subsidiaries of Amino Technologies plc which is listed on the London Stock Exchange Alternative Investment Market (AIM: symbol AMO), headquartered in Cambridge, Amino has offices in New York, Los Angeles, San Francisco, Amsterdam, Helsinki, Madrid, Porto, Brno and Hong Kong. For more details, visit www.aminotechnologies.com/

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

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Names                       Donald McGarva, CEO, Executive Director 
      --------------------------  ---------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------- 
 a)    Position/status             PDMR of the Company 
      --------------------------  ---------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
      --------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a)    Name                        Amino Technologies plc 
      --------------------------  ---------------------------------------- 
 b)    LEI                         21380068JIMBNNZJL315 
      --------------------------  ---------------------------------------- 
 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          Options over Ordinary Shares of 1.0p 
        financial instrument,       each 
        type of instrument 
      --------------------------  ---------------------------------------- 
 b)    Identification code         GB00B013SN63 
      --------------------------  ---------------------------------------- 
 c)    Nature of the transaction    Grant of Options 
      --------------------------  ---------------------------------------- 
 d)    Price(s) and volume(s)      Price(s) Volume(s) 
                                    Nil-cost 
                                    224,600 options over ordinary shares 
      --------------------------  ---------------------------------------- 
 d)    Aggregated information 
        - Aggregated volume          224,600 options over ordinary shares 
        - Price                      Nil-cost 
      --------------------------  ---------------------------------------- 
 e)    Date of the transaction     9 September 2020 
      --------------------------  ---------------------------------------- 
 f)    Place of the transaction    London Stock Exchange 
      --------------------------  ---------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Names                       Mark Carlisle, CFO, COO, Executive Director 
      --------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------ 
 a)    Position/status             PDMR of the Company 
      --------------------------  -------------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
      --------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
 a)    Name                        Amino Technologies plc 
      --------------------------  -------------------------------------------- 
 b)    LEI                         21380068JIMBNNZJL315 
      --------------------------  -------------------------------------------- 
 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          Options over Ordinary Shares of 1.0p 
        financial instrument,       each 
        type of instrument 
      --------------------------  -------------------------------------------- 
 b)    Identification code         GB00B013SN63 
      --------------------------  -------------------------------------------- 
 c)    Nature of the transaction    Grant of Options 
      --------------------------  -------------------------------------------- 
 d)    Price(s) and volume(s)      Price(s) Volume(s) 
                                    Nil-cost 
                                    163,000 options over ordinary shares 
      --------------------------  -------------------------------------------- 
 d)    Aggregated information      163,000 options over ordinary shares 
        - Aggregated volume         Nil-cost 
        - Price 
      --------------------------  -------------------------------------------- 
 e)    Date of the transaction     9 September 2020 
      --------------------------  -------------------------------------------- 
 f)    Place of the transaction    London Stock Exchange 
      --------------------------  -------------------------------------------- 
 

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END

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September 09, 2020 08:51 ET (12:51 GMT)