TIDMEYE
RNS Number : 3909V
Eagle Eye Solutions Group PLC
05 April 2023
5 April 2023
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 today to the
following Executive Directors and person discharging managerial
responsibilities ("PDMRs") of Eagle Eye for nil cost as
follows:
Number Number
of Ordinary of Ordinary
Shares Shares Total number % of
subject subject of Ordinary existing
to FY25 to FY23 Shares under issued
option option option post share
Director/PDMR Role grant grant grant capital
Chief Executive
Tim Mason Officer 66,843 71,331 1,700,474 5.8%
------------------- ------------- ------------- -------------- ----------
Chief Information
Steve Rothwell Officer 38,613 41,206 286,626 1.0%
------------------- ------------- ------------- -------------- ----------
Chief Financial
Lucy Sharman-Munday Officer 38,613 41,206 536,826 2.0%
------------------- ------------- ------------- -------------- ----------
Chief Sales
Al Henderson Officer 22,448 18,938 171,399 0.6%
------------------- ------------- ------------- -------------- ----------
Chief Operating
David Aylmer Officer 22,448 23,955 308,297 1.1%
------------------- ------------- ------------- -------------- ----------
Chief People
Claire Essex-Crosby Officer 14,156 6,114 68,263 0.2%
------------------- ------------- ------------- -------------- ----------
James Esson Company Secretary 6,534 2,094 32,649 0.1%
------------------- ------------- ------------- -------------- ----------
The FY25 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 three year period ending 30
June 2025 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. The value of options awarded is scaled
back from previous years in recognition of the Growth Plan being
issued at the same time.
The FY23 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 three year period 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 stretch and super
stretch performance levels as previously detailed in the Company's
2021 Remuneration Committee Report.
Following the new grant of options and assuming all vesting
criteria is met, the fully diluted number of Ordinary Shares would
be 32,833,594; of which the total number of Ordinary Shares over
which options currently issued and outstanding represent 11.0% 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
6. Claire Essex-Crosby
7. James Esson
------------------------------------------------------------ ------------------------------------------
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
6. Chief People Officer
7. Company Secretary
------------------------------------------------------------ ------------------------------------------
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 o ver Ordinary Shares
------------------------------------------------------------ ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------------------------ ---------------------- ------------------
1. Nil 1. 138,174
2. Nil 2. 79,819
3. Nil 3. 79,819
4. Nil 4. 41,386
5. Nil 5. 46,403
6. Nil 6. 20,270
7. Nil 7. 8,628
------------------------------------------------------------ ---------------------- ------------------
Aggregated information Not applicable
- Aggregated volume
- Price
------------------------------------------------------------ ------------------------------------------
e) Date of the transaction 4 April 2023
------------------------------------------------------------ ------------------------------------------
f) Place of the transaction Outside of a trading venue
------------------------------------------------------------ ------------------------------------------
Enquiries:
Eagle Eye Solutions Group plc Tel: 0844 824
3686
Tim Mason, Chief Executive Officer
Lucy Sharman-Munday, Chief Financial Officer
Investec Bank plc (Nominated Adviser & Joint Tel: +44 20
Broker) 7597 5970
Corporate Broking & PLC Advisory: David Anderson,
Nick Prowting
Shore Capital (Joint Broker) Tel: +44 20
7408 4090
Corporate Advisory: Daniel Bush, David Coaten,
Lucy Bowden
Corporate Broking: Henry Willcocks
Alma PR (Financial PR) Tel: +44 20
3405 0205
Caroline Forde, Hannah Campbell
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. The Group creates 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, PizzaExpress; in North America, Loblaws, Shoppers
Drug Mart, Southeastern Grocers and Staples US Retail and in
Australia & New Zealand, Woolworths Group and The Warehouse
Group. In January 2023, the Group acquired France based Untie Nots,
a personalised promotions business, adding Carrefour, E. Leclerc,
Auchan and other leading brands to its European customer base.
Web - www.eagleeye.com
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END
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