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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mirriad Advertising Plc | LSE:MIRI | London | Ordinary Share | GB00BF52QY14 | ORD GBP0.00001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.075 | 4.29% | 1.825 | 1.75 | 1.90 | 1.825 | 1.75 | 1.75 | 1,138,482 | 11:00:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Advertising Agencies | 1.51M | -15.1M | -0.0309 | -0.59 | 8.91M |
TIDMMIRI
RNS Number : 3172Z
Mirriad Advertising PLC
16 May 2019
Mirriad Advertising plc
long term incentive plan
16 May 2019
Mirriad Advertising plc
("Mirriad" or the "Group")
Long Term Incentive Plan
Mirriad Advertising plc, the established computer vision and AI platform company, announces grants of market priced options under its Long Term Incentive Plan ("LTIP") set up as part of its IPO in December 2017 to two new senior team members.
The LTIP was established to incentivise management to increase shareholder value over the long term. The Remuneration Committee is keen to ensure that remuneration for the Company's senior team will be effective and fair and motivate them to deliver success for the Company, its shareholders and employees.
The following awards have been granted:
Director/PDMR Role Share Options Niteen Prajapati CTO 330,000 ------------------- -------------- EVP Brand & Sales Mark Melvin Partnerships US 390,000 ------------------- --------------
The options vest in three equal installments on the first, second and third anniversaries of the date of grant with an exercise price of 6.25 pence which is equal to the market value, determined by reference to the closing price (as derived from the London Stock Exchange Daily Official List) on the day before grant.
Both are recently appointed and hold no other share options in the Company.
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely associated (a) Full name of person Dealing Niteen Prajapati ----------------------------------------- ------------------------------------------ 2. Reason for notification ------------------------------------------------------------------------------------- (b) Position/status CTO ----------------------------------------- ------------------------------------------ (c) Initial notification/ Amendment Initial notification ----------------------------------------- ------------------------------------------ 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------- (d) Name of entity Mirriad Advertising plc ----------------------------------------- ------------------------------------------ (e) LEI 213800ZKOK9GIME7HE62 ----------------------------------------- ------------------------------------------ 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, Options over ordinary type of instrument shares in the Company ----------------------------------------- ------------------------------------------ (b) Identification code GB00BF52QY14 ----------------------------------------- ------------------------------------------ (c) Nature of the transaction Grant of options over ordinary shares ----------------------------------------- ------------------------------------------ (d) Price(s) and volume(s) Prices(s) Volume(s) 6.25 pence 330,000 ----------------------------------------- ------------------------------------------ (e) Aggregated information: Single transaction - Aggregated volume as in 4(d) above Prices(s) Volume(s) - Price 6.25 pence 330,000 ---------- ----------------------------------------- ------------------------------------------ (f) Date of transaction 16 May 2019 ----------------------------------------- ------------------------------------------ (g) Place of transaction Outside a trading venue ----------------------------------------- ------------------------------------------
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely associated (a) Full name of person Dealing Mark Melvin ----------------------------------------- --------------------------------------- 2. Reason for notification ---------------------------------------------------------------------------------- (a) Position/status EVP Brand & Sales Partnerships US ----------------------------------------- --------------------------------------- (b) Initial notification/ Amendment Initial notification ----------------------------------------- --------------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---------------------------------------------------------------------------------- (a) Name of entity Mirriad Advertising plc ----------------------------------------- --------------------------------------- (b) LEI 213800ZKOK9GIME7HE62 ----------------------------------------- --------------------------------------- 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, Options over ordinary type of instrument shares in the Company ----------------------------------------- --------------------------------------- (b) Identification code GB00BF52QY14 ----------------------------------------- --------------------------------------- (c) Nature of the transaction Grant of options over ordinary shares ----------------------------------------- --------------------------------------- (d) Price(s) and volume(s) Prices(s) Volume(s) 6.25 pence 390,000 ---------- ----------------------------------------- --------------------------------------- (e) Aggregated information: Single transaction as - Aggregated volume in 4(d) above Prices(s) Volume(s) - Price 6.25 pence 390,000 ---------- ----------------------------------------- --------------------------------------- (f) Date of transaction 16 May 2019 ----------------------------------------- --------------------------------------- (g) Place of transaction Outside a trading venue ----------------------------------------- --------------------------------------- Mirriad Advertising plc Tel: +44 (0)207 884 2530 Stephan Beringer, Chief Executive Officer David Dorans, Chief Financial Officer Numis Securities Limited Tel: +44 (0) 207 260 1000 (Nominated Adviser & Broker) Nick Westlake James Black Hugo Rubinstein Financial Communications: Charlotte Street Partners Andrew Wilson Tel: +44 (0) 7810 636995 Tom Gillingham Tel: +44 (0) 7741 659021
Notes to Editors
About Mirriad
Mirriad is an established computer vision and AI-powered platform company, built on Academy Award-winning entertainment tech, with 29 patents and patents pending. Using sophisticated technologies, Mirriad connects people with brands, through seamless ad insertions in popular linear and digital content. Advertisers can now reach very large target audiences in a contextually relevant way without interrupting the viewing experience.
Research has consistently shown in-video advertising to be highly effective for the marketer and preferred by audiences on TV, online, and mobile.
Mirriad is headquartered in London, with offices in New York, Paris, Munich, Mumbai, and Shanghai.
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
DSHLLFSSERIRLIA
(END) Dow Jones Newswires
May 16, 2019 10:48 ET (14:48 GMT)
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