Eagle Eye Solutions Group PLC Issue of Share Options (9848C)
February 14 2020 - 1:00AM
UK Regulatory
TIDMEYE
RNS Number : 9848C
Eagle Eye Solutions Group PLC
14 February 2020
14 February 2020
Eagle Eye Solutions Group plc
("Eagle Eye", the "Group", or the "Company")
Issue of share options
Eagle Eye, a leading SaaS technology company that creates
digital connections enabling personalised, real-time marketing
through coupons, loyalty, apps, subscriptions and gift services,
announces that the following options over ordinary shares of 1p
each in Eagle Eye ("Ordinary Shares") were granted on 13 February
2020 to the following Executive Directors and senior personnel of
Eagle Eye, as follows:
Total number
Number of of Ordinary
Ordinary Shares Shares under % of existing
Director/Senior subject to option post issued
Personnel Role option grant grant share capital
Tim Mason CEO 188,775 1,717,404 6.7%
------ ----------------- -------------- ---------------
Steve Rothwell CTO 109,050 905,750 3.5%
------ ----------------- -------------- ---------------
Lucy Sharman-Munday CFO 109,050 647,230 2.5%
------ ----------------- -------------- ---------------
Al Henderson CSO 49,165 276,165 1.1%
------ ----------------- -------------- ---------------
David Aylmer COO 63,397 313,604 1.2%
------ ----------------- -------------- ---------------
These awards have been made under the Eagle Eye Group Solutions
Plc Long Term Incentive Plan scheme and have been granted under the
current year's Long Term Incentive Plan performance criteria,
vesting following completion of the financial year ending 30 June
2022 subject to revenue and EBITDA performance criteria and the
overall underlying performance of the Company. In common with
previous awards, the number of options which vest will vary
depending on the level of achievement between threshold, target and
stretch performance levels.
Following the new grant of options and assuming all vesting
criteria is met, the fully diluted number of Ordinary Shares would
be 30,187,323; of which the total number of Ordinary Shares over
which options currently issued and outstanding represent 15.6% of
the fully diluted number of Ordinary Shares. This is in accordance
with the Company's shareholder approved limit for shares
outstanding under the Company's share option schemes at any time of
a maximum of 20% of the ordinary share capital of the Company in
issue at such time.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name 1. Tim Mason
2. Steve Rothwell
3. Lucy Sharman-Munday
4. Al Henderson
5. David Aylmer
-------------------------------------------------- -------------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status 1. Chief Executive Officer
2. Chief Technology Officer
3. Chief Financial Officer
4. Chief Sales Officer
5. Chief Operating 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 Group plc
-------------------------------------------------- -------------------------------------------------------------
b) LEI 2138002S1AIBVVMZ7A21
-------------------------------------------------- -------------------------------------------------------------
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 Options over Ordinary shares of 1p each
instrument GB00BKF1YD83
Identification code
-------------------------------------------------- -------------------------------------------------------------
b) Nature of transaction Grant of Options
-------------------------------------------------- -------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------------------- ------------------------------------------ -----------------
1. GBP0.01 exercise price per share 1. 188,775
2. GBP0.01 exercise price per share 2. 109,050
3. GBP0.01 exercise price per share 3. 109,050
4. GBP0.01 exercise price per share 4. 49,165
5. GBP0.01 exercise price per share 5. 63,397
-------------------------------------------------- ------------------------------------------ -----------------
Aggregated information
- Aggregated volume 519,437 options
- Price GBP5,194.37 combined exercise price
-------------------------------------------------- -------------------------------------------------------------
e) Date of the transaction 13 February 2020
-------------------------------------------------- -------------------------------------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------------------------- -------------------------------------------------------------
For further information, please contact:
Tim Mason, Chief Executive Officer Tel: 0844 824 3686
Lucy Sharman-Munday, Chief Financial
Officer
Investec (Nominated Advisor and Joint Tel: 020 7597 5970
Broker)
Corporate Finance: David Anderson / Sebastian
Lawrence
Corporate Broking: Sara Hale, Toba Fatimilehin
Shore Capital (Joint Broker) Tel: 020 7408 4090
Corporate Finance: Hugh Morgan/ Daniel
Bush/ Sarah Mather
Corporate Broking: Henry Willcocks
Alma PR
Caroline Forde/ Rebecca Sanders-Hewett/ Tel: 020 3405 0205
Jessica Joynson
About Eagle Eye
Eagle Eye is a leading SaaS technology company transforming
marketing by creating digital connections that enable personalised
performance marketing in real time through coupons, loyalty, apps,
subscriptions and gift services.
Eagle Eye AIR enables the secure issuance and redemption of
digital offers and rewards at scale, across multiple channels,
enabling a single customer view. We create a network between
merchants, brands and audiences to enable customer acquisition,
interaction and retention at lower cost whilst driving marketing
innovation.
The Group's current customer base comprises leading names in UK
Grocery, Retail and Food & Beverage sectors, including Asda,
Sainsbury's, Tesco, Waitrose and John Lewis & Partners, JD
Sports, Greggs, Mitchells & Butlers, Pizza Express and in
Canada, Loblaws, Shoppers Drug Mart and Esso.
For more information, please visit www.eagleeye.com
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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