TIDMEYE

RNS Number : 0391V

Eagle Eye Solutions Group PLC

09 April 2021

9 April 2021

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 8 April 2021 to the following Executive Directors and person discharging managerial responsibilities ("PDMRs") of Eagle Eye for nil cost as follows:

 
                                                    Total number 
                                       Number of     of Ordinary 
                                 Ordinary Shares    Shares under    % of existing 
                                      subject to     option post           issued 
 Director/PDMR           Role       option grant           grant    share capital 
 Tim Mason                CEO            142,662       1,729,908             6.6% 
                       ------  -----------------  --------------  --------------- 
 Steve Rothwell           CTO             82,412         831,759             3.2% 
                       ------  -----------------  --------------  --------------- 
 Lucy Sharman-Munday      CFO             82,412         662,480             2.5% 
                       ------  -----------------  --------------  --------------- 
 Al Henderson             CSO             37,876         304,041             1.2% 
                       ------  -----------------  --------------  --------------- 
 David Aylmer             COO             47,911         350,426             1.3% 
                       ------  -----------------  --------------  --------------- 
 

These awards have been made under the Eagle Eye Group Solutions Plc Long Term Incentive Plan scheme with an exercise price of 1p per Ordinary Share 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 2023 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 30,594,498; of which the total number of Ordinary Shares over which options currently issued and outstanding represent 14.7% 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 instrument      Options over Ordinary shares of 1p each 
 
       Identification code                                              GB00BKF1YD83 
     ---------------------------------------------------------------  ------------------------------------------ 
 b)   Nature of transaction                                            Grant of Options 
     ---------------------------------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                                           Price(s)             Volume(s) 
     ---------------------------------------------------------------  -------------------  --------------------- 
                                                                            1. Nil               1. 142,662 
                                                                             2. Nil               2. 82,412 
                                                                             3. Nil               3. 82,412 
                                                                             4. Nil               4. 37,876 
                                                                             5. Nil               5. 47,911 
     ---------------------------------------------------------------  -------------------  --------------------- 
      Aggregated information                                           Not applicable 
       - Aggregated volume 
       - Price 
     ---------------------------------------------------------------  ------------------------------------------ 
 e)   Date of the transaction                                          8 April 2021 
     ---------------------------------------------------------------  ------------------------------------------ 
 f)   Place of the transaction                                         Outside of a trading venue 
     ---------------------------------------------------------------  ------------------------------------------ 
 
 
 For further information, please contact: 
 
  Eagle Eye                                          Tel: 0844 824 3686 
  Tim Mason, Chief Executive Officer 
  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, Robyn Fisher, Molly Gretton        Tel: 020 3405 0205 
 

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 Company's current customer base comprises leading names in UK Grocery, Retail, Leisure and Food & Beverage sectors, including Asda, Sainsbury's, Tesco, Waitrose and John Lewis & Partners, Virgin Red, JD Sports, Pret a Manger, Greggs, Mitchells & Butlers, Pizza Express; in North America, Loblaws, Shoppers Drug Mart and Southeastern Grocers and in Australia & New Zealand, Woolworths Group and The Warehouse Group.

For more information, please visit www.eagleeye.com

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END

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April 09, 2021 11:33 ET (15:33 GMT)

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