("Mirriad" or the "Company")
Executive LTIP award, PDMR dealings and wider grant of employee share options
|
Number of shares subject to option |
|
1,066,667 |
|
933,333 |
The options have been designed to be coterminous with the Company's existing senior manager options which were granted on 18th
In addition, the Company has also decided to widen share option participation among its staff to incentivise and retain a broader group of employees. In total 4,481,501 market priced share options were granted to 35 staff. The exercise price for these options is 34p. These options will vest in three annual instalments with the first vesting taking place 24 months after the date of grant and will fully vest by
The notifications below are made in accordance with the requirements of the Market Abuse Regulations.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
|
|
2 |
Reason for the notification |
|
a) |
Position / status |
Chief Revenue Officer (PDMR) |
b) |
Initial notification / amendment |
Initial notification |
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
|
|
b) |
LEI |
213800ZKOK9GIME7HE62 |
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 ISIN: GB00BF52QY14 |
b)
|
Nature of the transaction
|
Grant of Options |
c)
|
Price(s) and volume(s)
|
Exercise price 34p, volume 1,066,667 |
d) |
Aggregated information - Aggregated volume - Price |
1,066,667 |
e) |
Date of the transaction |
|
f) |
Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
|
|
2 |
Reason for the notification |
|
a) |
Position / status |
CTO (PDMR) |
b) |
Initial notification / amendment |
Initial notification |
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
|
|
b) |
LEI |
213800ZKOK9GIME7HE62 |
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 ISIN: GB00BF52QY14 |
b)
|
Nature of the transaction
|
Grant of Options |
c)
|
Price(s) and volume(s)
|
Exercise price 34p, volume 933,333 |
d) |
Aggregated information - Aggregated volume - Price |
933,333 |
e) |
Date of the transaction |
|
f) |
Place of the transaction |
Outside a trading venue |
ENDS
For further information please visit www.mirriad.com or contact:
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Tel: +44 (0)207 884 2530 |
Nominated Adviser & Broker:
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Tel: +44 (0)20 7523 8000
|
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Tel: +44 (0) 7741 659021 Tel: +44 (0) 7810 636995
|
Notes to Editors
About Mirriad
Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, improving the viewer experience by limiting commercial interruptions whilst delivering dramatically increased reach and impact for advertisers.
Mirriad currently operates in the US, Europe and China.