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ARE Arena Events Group Plc

20.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arena Events Group Plc LSE:ARE London Ordinary Share GB00BF0HYJ24 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Arena Events Group PLC Grant of Options under Share Option Plan (4731X)

30/04/2019 7:01am

UK Regulatory


Arena Events (LSE:ARE)
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TIDMARE

RNS Number : 4731X

Arena Events Group PLC

30 April 2019

30 April 2019

ARENA EVENTS GROUP PLC

(the "Company")

Grant of Options under Share Option Plan

Arena Events Group plc (AIM: ARE), announces that share options to acquire ordinary shares of 1 penny each in the Company ("Ordinary Shares") have been granted to certain Persons Discharging Managerial Responsibilities ("PDMRs") under the Company's existing Share Option Plan put in place at the time of the IPO in 2017 (the "Plan").

The award of options were granted to the following PDMRs at an exercise price of 40 pence per ordinary share (the "Awards"):

 
   Name        Role     Number of Ordinary      Percentage of 
                         Shares over which   issued share capital 
                          Awards granted 
 C Morris     UK CEO         450,000                0.29% 
            ---------  -------------------  --------------------- 
 P Bryant     US CEO         225,000                0.15% 
            ---------  -------------------  --------------------- 
 P Berger    MEA CEO         225,000                0.15% 
            ---------  -------------------  --------------------- 
 

The Awards shall vest only to the extent that the conditions set by the Remuneration Committee are satisfied and subject to the Rules of the Plan. 100% of the Awards are subject to an Earnings per Share performance condition, measured over a three year performance period. To the extent that the performance conditions are not satisfied, the Awards shall lapse.

Enquires:

 
 Arena Events Group plc 
  Greg Lawless (CEO) 
  Piers Wilson (CFO) 
  Cenkos Securities (Nomad and          +44(0)203 770 3838 
  Broker)                               +44(0)207 397 8900 
 Max Hartley (Corporate Finance) 
  Julian Morse (Sales) 
 
  Alma PR (Financial PR)                +44(0)203 405 0205 
 Josh Royston / John Coles / Helena 
  Bogle 
 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Chris Morris 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              UK Division CEO 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Area Events Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800Z94NF6F4C9AD43 
     ---------------------------  -------------------------------------- 
 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 
       financial instrument,        pence each 
       type of instrument 
 
       Identification code          GB00BF0HYJ24 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of options to purchase ordinary 
                                    shares of 1p each under the Arena 
                                    Group Employee Share Options Scheme 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     40 pence    450,000 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           N/A - single transaction 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      29 April 2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (AIM) 
     ---------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Paul Bryant 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              US CEO 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Area Events Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800Z94NF6F4C9AD43 
     ---------------------------  -------------------------------------- 
 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           Grant of options to purchase ordinary 
       financial instrument,        shares of 1p each under the Arena 
       type of instrument           Group Employee Share Options Scheme 
 
       Identification code          GB00BF0HYJ24 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of options to purchase ordinary 
                                    shares of 1p each under the Arena 
                                    Group Employee Share Options Scheme 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     40 pence    225,000 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           N/A - single transaction 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      29 April 2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (AIM) 
     ---------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Paul Berger 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              MEA CEO 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Area Events Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800Z94NF6F4C9AD43 
     ---------------------------  -------------------------------------- 
 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 
       financial instrument,        pence each 
       type of instrument 
 
       Identification code          GB00BF0HYJ24 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of options to purchase ordinary 
                                    shares of 1p each under the Arena 
                                    Group Employee Share Options Scheme 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     40 pence    225,000 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           N/A - single transaction 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      29 April 2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (AIM) 
     ---------------------------  -------------------------------------- 
 

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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

April 30, 2019 02:01 ET (06:01 GMT)

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