19 March 2021
Eagle Eye Solutions Group plc
("Eagle Eye", the "Group", or the "Company")
Issue of share options
and
Director/PDMR Shareholding
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 exercised on 19 March 2021 by the following Executive Directors and senior personnel of Eagle Eye, as set out in the table below.
Subsequent to the exercise of these options, the following Executive Directors and senior personnel have sold Ordinary Shares at a price of £4.50 per Ordinary Share on 19 March 2021, as set out in the table below:
| Director/Senior Personnel | Role | Number of Ordinary Shares subject to exercise | Number of Ordinary Shares subject to sale | Total number of Ordinary Shares held post exercise and sale | % of existing issued share capital |
| Tim Mason | CEO | 108,695 | 33,000 | 317,534 | 1.2% |
| Steve Rothwell | CTO | 144,241 | 300,000 | 1,355,913 | 5.2% |
| Lucy Sharman-Munday | CFO | 55,000 | 55,000 | 39,982 | 0.2% |
| Al Henderson | CSO | 10,000 | - | 19,669 | 0.1% |
Application has been made for the admission of the 317,936 new Ordinary Shares to trading on AIM. Dealings are expected to commence on 25 March 2021. Following the issue of the 317,936 new Ordinary Shares, the total number of Ordinary shares in issue as at the date of this notice is 26,096,563 with each share carrying the right to one vote. There are no shares held in Treasury. The total number of voting rights in the Company is, therefore, 26,096,563.
The above figure of 26,096,563 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a)
| Name | 1. Tim Mason 2. Tim Mason 3. Steve Rothwell 4. Steve Rothwell 5. Lucy Sharman-Munday 6. Lucy Sharman-Munday 7. Al Henderson
| |
| 2 | Reason for the notification | ||
| a)
| Position/status | 1. Chief Executive Officer 2. Chief Executive Officer 3. Chief Technology Officer 4. Chief Technology Officer 5. Chief Financial Officer 6. Chief Financial Officer 7. Chief Sales 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 Identification code
| Ordinary shares of 1p each
GB00BKF1YD83 | |
| b) | Nature of transaction | 1. Exercise of Options 2. Sale of Ordinary Shares 3. Exercise of Options 4. Sale of Ordinary Shares 5. Exercise of Options 6. Sale of Ordinary Shares 7. Exercise of options
| |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | 1. £0.01 exercise price per share 2. £4.50 sale price per share 3. £0.5125 exercise price per share 4. £4.50 sale price per share 5. £1.55 exercise price per share 6. £4.50 sale price per share 7. £1.06 exercise price per share
| 1. 108,695 2. 33,000 3. 144,241 4. 300,000 5. 55,000 6. 55,000 7. 10,000 |
| | Aggregated information - Aggregated volume - Price | 317,936 options exercised £170,860.46 combined exercise price 388,000 shares sold £1,746,000 combined sale price
| |
| e) | Date of the transaction | 19 March 2021
| |
| f) | Place of the transaction | 1. Outside of a trading venue 2. London Stock Exchange 3. Outside of a trading venue 4. London Stock Exchange 5. Outside of a trading venue 6. London Stock Exchange 7. Outside of a trading venue
| |
| For further information, please contact:
Eagle Eye Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer |
Tel: 0844 824 3686 |
| Investec (Nominated Advisor and Joint Broker) Corporate Finance: David Anderson/ Sebastian Lawrence Corporate Broking: Sara Hale/ Toba Fatimilehin | Tel: 020 7597 5970
|
| Shore Capital (Joint Broker) Corporate Finance: Hugh Morgan/ Daniel Bush/ Sarah Mather Corporate Broking: Henry Willcocks | Tel: 020 7408 4090 |
| 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, Esso 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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