Business
Issue of Share Options
Issue of Share Options.
About this update from Eagle Eye Solutions Group Plc
[{"type":"text","content":"\n\n21 November 2023\n \nEagle Eye Solutions Group plc\n(\"Eagle Eye\" or the \"Company\")\n \nIssue of share options\n \nEagle Eye, a leading SaaS company that creates digital customer connections enabling personalised, real-time marketing 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:\n \n\n\n\n\nDirector/PDMR\n\n\nRole\n\n\nNumber of Ordinary Shares subject to FY26 option grant\n\n\nTotal number of Ordinary Shares under option post grant\n\n\nTotal as % of existing issued share capital\n\n\n\n\nTim Mason\n\n\nChief Executive Officer\n\n\n75,674\n\n\n1,776,148\n\n\n6.0%\n\n\n\n\nSteve Rothwell\n\n\nChief Information Officer\n\n\n44,686\n\n\n282,307\n\n\n1.0%\n\n\n\n\nLucy Sharman-Munday\n\n\nChief Financial Officer\n\n\n44,686\n\n\n622,718\n\n\n2.1%\n\n\n\n\nAl Henderson\n\n\nChief Sales Officer\n\n\n24,759\n\n\n196,158\n\n\n0.7%\n\n\n\n\nDavid Aylmer\n\n\nChief Operating Officer\n\n\n24,759\n\n\n333,056\n\n\n1.1%\n\n\n\n\nClaire Essex-Crosby\n\n\nChief People Officer\n\n\n15,613\n\n\n78,482\n\n\n0.3%\n\n\n\n\nJames Esson\n\n\nCompany Secretary\n\n\n16,382\n\n\n49,031\n\n\n0.2%\n\n\n\n\n \nThe FY26 awards have been made under the Eagle Eye Solutions Group plc Long Term Incentive Plan scheme with an exercise price of 1p per Ordinary Share. The awards 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 2026 subject to revenue and EBITDA performance criteria and the overall underlying performance of the Company. Consistent with previous awards, the number of options which vest will vary depending on the level of achievement between threshold, target and stretch performance levels.\n \nFollowing the new grant of options and assuming all vesting criteria are met, the fully diluted number of Ordinary Shares would be 33,407,257; of which the total number of Ordinary Shares over which options currently issued and outstanding represent 12.0% of the fully diluted number of Ordinary Shares. This is in accordance with the Company's shareholder approved limit for shares outstanding under th...