EAGLE EYE SOLUTIONS GROUP PLC

Share Issue/Capital Change • Sep 23, 2016

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RNS Number : 7206K

Eagle Eye Solutions Group PLC

23 September 2016

23 September 2016

Eagle Eye Solutions Group plc

("Eagle Eye", the "Company" or the "Group")

Issue of share options

Eagle Eye, the SaaS technology company that validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries, announces that the following options over ordinary shares of 1p each in Eagle Eye ("Ordinary Shares") were granted on 21 September 2016 to the following Executive Directors and senior personnel of Eagle Eye, as follows:

Director/Senior Personnnel	Role	Number of Ordinary Shares subject to option grant	Total number of Ordinary Shares under option post grant	% of existing issued share capital
Tim Mason	CEO	221,388	664,553	3.0%
Phill Blundell	Deputy CEO	123,162	407,514	1.8%
Steve Rothwell	CTO	96,242	716,168	3.2%
Lucy Sharman-Munday	CFO	91,582	255,965	1.2%
Helen Slaven	CSO	65,801	207,310	0.9%

These awards have been made under the Eagle Eye Solutions Plc Long Term Incentive Plan scheme. These options vest between 30 June 2019 and 30 June 2020 subject to revenue performance criteria and also have a minimum share price performance hurdle, based on the share price at the date of grant of 106.0p. Each option has an exercise price of 1p per share.

Following the new grant of options and assuming all vesting criteria is met, the fully diluted number of Ordinary Shares would be 25,329,264; of which the total number of Ordinary Shares over which options currently issued and outstanding represent 12.5%.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.   Tim Mason 2.   Phill Blundell 3.   Steve Rothwell 4.   Lucy Sharman-Munday 5.   Helen Slaven
2	Reason for the notification
a)	Position/status	1.   Chief Executive Officer 2.   Deputy Chief Executive Officer 3.   Chief Technology Officer 4.   Chief Financial Officer 5.   Chief Sales Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eagle Eye Solutions plc
b)	LEI
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, type of instrument Identification code	Options over Ordinary shares of 1p each GB00BKF1YD83
b)	Nature of transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.01 exercise price per share 2.   £0.01 exercise price per share 3.   £0.01 exercise price per share 4.   £0.01 exercise price per share 5.   £0.01 exercise price per share	1.   221,388 2.   123,162 3.   96,242 4.   91,582 5.   65,801
	Aggregated information -      Aggregated volume -      Price	598,175 options £5,981.75 combined exercise price
e)	Date of the transaction	21 September 2016
f)	Place of the transaction	Outside of a trading venue

For further information, please contact: Eagle Eye
Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer	Tel: 0844 824 3686
Investec (Nominated Advisor and Broker)
Dominic Emery/ David Anderson, Corporate Finance	Tel: 020 7886 2500
Matt Lewis, Corporate Broking Hudson Sandler
Nick Lyon/Alex Brennan	Tel: 020 7796 4133
Information on Eagle Eye www.eagleeye.com

Eagle Eye is a leading SaaS technology company that securely validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries.

The Company's digital marketing platform, Eagle Eye AIR, enables the secure, real-time, multi-channel issuance, management and redemption of digital promotions and rewards, replacing previously used paper-based methods. Our Eagle Eye platform creates a network effect between merchants, distributors and brands enabling stronger connections and value to all parties. Through our four products we enable brands and merchants to reduce cost, improve their customer offer and accelerate their innovation.

The UK promotions market is currently transitioning through substantial change as both retailers and consumers are moving away from paper and plastic to digital. In 2014 there were in excess of 730 million coupons redeemed in the UK1, and 16 billion digital coupons redeemed worldwide2.

The Eagle Eye AIR platform comprises four key products: Eagle Eye Promote - for the management of offers and promotions, Eagle Eye Gift - for gift cards and customer care, Eagle Eye Reward - for loyalty and reward schemes and Eagle Eye Engage - for digital messaging. These four products enable the Company's customers to deliver targeted promotions, gift vouchers and rewards to consumers in real time, in a simple and secure way, across multiple marketing communications channels including email, SMS messaging and loyalty apps. The promotions can be redeemed securely by the consumer through any enabled point of sale channel.

The Company's current customer base comprises leading names in UK grocery, retail and hospitality including Asda, J Sainsbury, Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells & Butlers, Pizza Express, Tesco and Thomas Pink.

Notes:

1. Source: Valassis 2014

2. Source: Statista 2014

This information is provided by RNS

The company news service from the London Stock Exchange

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