AEOREMA COMMUNICATIONS PLC — Remuneration Information 2018

Aug 23, 2018

National Storage Mechanism | Additional information

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RNS Number : 6211Y

Aeorema Communications Plc

23 August 2018

23 August 2018

Aeorema Communications plc

("Aeorema" or the "Company")

Grant of Options to Directors

Aeorema Communications plc announces that further to its announcement of 17 November 2017 regarding the grant of options to Steve Quah and Andrew Harvey, both directors of the Company, these options have been surrendered and re-granted for administrative reasons in connection with the Company's EMI share option scheme.  

The Company has granted a total of 600,000 options to directors of the Company, under its EMI share option scheme, as follows:

Name	Title	Number of Options granted	Total options held following grant
Steve Quah	Joint Managing Director	300,000	600,000
Andrew Harvey	Joint Managing Director	300,000	300,000

The options have an exercise price of 29p, being the average closing mid-market share price of an Ordinary Share on AIM in the thirty days ended 22 August 2018. The options vest on 17 November 2020 and can be exercised in the period from 17 November 2020 until 5:00pm on the business day before the tenth anniversary of the date of grant, being 22 August 2018.

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

Mike Hale	Aeorema Communications plc	Tel: +44 (0) 20 7291 0444
John Depasquale / Liz Kirchner	Allenby Capital Limited (Nominated Adviser and Broker)	Tel: +44 (0)20 3328 5656
Charlotte Page / Isabel de Salis	St Brides Partners Ltd	Tel: +44 (0) 20 7236 1177

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

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Steve Quah
2	Reason for notification
a.	Position/Status	Joint Managing Director
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Aeorema Communications plc
b.	LEI	213800PJBW6O7NDCKJ08
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 12.5p each  ISIN: GB00B4QHH456
b.	Nature of the transaction	Grant of options under the EMI Share Scheme
c.	Price(s) and volume(s)	Option awarded over 300,000 shares at an exercise price of 29p per share
d.	Aggregated information - Aggregated Volume - Price	N/A - Single Transaction
e.	Date of the transaction	22 August 2018
f.	Place of the transaction	Outside of trading venue

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Andrew Harvey
2	Reason for notification
a.	Position/Status	Joint Managing Director
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Aeorema Communications plc
b.	LEI	213800PJBW6O7NDCKJ08
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 12.5p each  ISIN: GB00B4QHH456
b.	Nature of the transaction	Grant of options under the EMI Share Scheme
c.	Price(s) and volume(s)	Option awarded over 300,000 shares at an exercise price of 29p per share
d.	Aggregated information - Aggregated Volume - Price	N/A - Single Transaction
e.	Date of the transaction	22 August 2018
f.	Place of the transaction	Outside of trading venue

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.

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