Business
Executive LTIP award, Director and PDMR dealings
Executive LTIP award, Director and PDMR dealings.
About this update from Mirriad Advertising Plc
[{"type":"text","content":"\n \n \n RNS Number : 2406N\n Mirriad Advertising PLC\n 18 May 2020\n \n \n \n \n Mirriad Advertising plc\n \n \n \n \n \n 18 MAY 2020\n \n \n \n \n \n \n \n \n Mirriad Advertising plc\n \n \n (\"Mirriad\", the \"Company\" or the \"Group\")\n \n \n \n \n \n Executive LTIP award, Director and PDMR dealings\n \n \n \n \n \n Mirriad Advertising plc, the computer vision and AI platform company, announces that, under the terms of the Company's long-term incentive plan (\"LTIP\"), the following awards were granted on 18 May 2020. \n \n \n \n \n \n \n \n \n \n Name and position\n \n \n \n \n Number of shares subject to option\n \n \n \n \n \n \n Mark Melvin, EVP, Commercial Development\n \n \n \n \n 1,023,622\n \n \n \n \n \n \n David Dorans, Chief Financial Officer\n \n \n \n \n 1,660,800\n \n \n \n \n \n \n Niteen Crawford-Prajapati, Chief Technology Officer\n \n \n \n \n 1,440,000\n \n \n \n \n \n \n Lianne Norry, Global Chief Marketing Officer\n \n \n \n \n 405,000\n \n \n \n \n \n \n Rajasekhar Parakkal, MD India\n \n \n \n \n 586,667\n \n \n \n \n \n \n Phil McLauchlan, Chief Scientist\n \n \n \n \n 476,000\n \n \n \n \n \n \n Simon John Redding, Head of Engineering\n \n \n \n \n 476,000\n \n \n \n \n \n \n Tim Jones, Head of Research\n \n \n \n \n 435,960\n \n \n \n \n \n \n Michael Rees, MD APAC\n \n \n \n \n 720,000\n \n \n \n \n \n \n \n \n \n \n \n \n The options will accrue to recipients evenly over 36 months and will only be capable of exercise at the end of the three-year vesting period. The exercise price for the options is 15p. \n \n \n \n \n \n \n \n \n The notifications below are made in accordance with the requirements of the Market Abuse Regulations.\n \n \n \n \n \n \n \n \n \n 1\n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n a)\n \n \n \n \n Name\n \n \n \n \n Mark Melvin\n \n \n \n \n \n \n 2\n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n a)\n \n \n \n \n Position / status\n \n \n \n \n EVP Demand Partnerships (PDMR)\n \n \n \n \n \n \n b)\n \n \n \n \n Initial notification / amendment\n \n \n \n \n Initial notification\n \n \n \n \n \n \n 3\n \n \n \n \n \n \n \n Details of the issuer, emission allowance market participant, auction platfor...