TIDMAEO

RNS Number : 8054M

Aeorema Communications Plc

25 May 2022

Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media

25 May 2022

Aeorema Communications plc ('Aeorema' or 'the Company' or 'the Group')

Grant of Options

Aeorema Communications plc, the AIM-traded live events agency, announces that it has granted options ("Options") over new shares of 12.5 pence each in the Company ("Ordinary Shares").

A total of 150,000 Options have been granted to three senior members of staff under the Company's EMI share option scheme.

The Options are exercisable at 60 pence per Ordinary Share (being the closing mid-market price of an Ordinary Share on 23 May 2022), will vest on 23 May 2025 and can be exercised from the date of vesting until 5:00 p.m. on the business day before the 10th anniversary of the date of grant.

The Options granted represent 2 per cent of the Company's current issued share capital. In total 1,770,000 options over Ordinary Shares are now outstanding, representing 19 per cent of the Company's current issued share capital.

*ENDS*

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

 
                             Aeorema Communications 
 Mike Hale                    plc                              +44 (0)20 7291 0444 
 John Depasquale / 
  Liz Kirchner (Corporate 
  Finance)                   Allenby Capital 
  Kelly Gardiner (Sales       Limited (Nominated 
  and Corporate Broking)      Adviser and Broker)              +44 (0)20 3328 5656 
 Catherine Leftley/          St Brides Partners        info@stbridespartners.co.uk 
  Selina Lovell               Ltd 
                              (Financial PR)

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END

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(END) Dow Jones Newswires

May 25, 2022 09:00 ET (13:00 GMT)

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