15 January
2025
Eagle Eye Solutions Group
plc
("Eagle
Eye" or the "Company")
Grant of share
options
Eagle Eye, a leading SaaS and
AI technology company that creates digital connections enabling
personalised, real-time marketing at scale, announces that the
following options over ordinary shares of 1p each in Eagle Eye
("Ordinary Shares") were granted on 14 January 2025 to the
following Executive Directors and person discharging managerial
responsibilities ("PDMRs") of Eagle Eye for nil cost as
follows:
|
Director/PDMR
|
Role
|
Number of
Ordinary Shares subject to FY27 option grant
|
Number of
Ordinary Shares subject to FY24 option grant
|
Total
number of Ordinary Shares under option post grants
|
Total as %
of existing issued share capital
|
|
Tim Mason
|
Chief Executive Officer
|
92,301
|
25,819
|
1,894,268
|
6.4%
|
|
Steve Rothwell
|
Chief Information Officer
|
54,505
|
14,915
|
300,732
|
1.0%
|
|
Lucy Sharman-Munday
|
Chief Financial Officer
|
54,505
|
14,915
|
692,138
|
2.3%
|
|
Al Henderson
|
Chief Sales Officer
|
30,199
|
6,855
|
106,398
|
0.4%
|
|
David Aylmer
|
Chief Operating Officer
|
30,199
|
8,671
|
323,733
|
1.1%
|
|
Claire Essex-Crosby
|
Chief People Officer
|
19,044
|
2,149
|
81,333
|
0.3%
|
|
James Esson
|
Company Secretary
|
19,982
|
758
|
58,051
|
0.2%
|
Granting of the above options was
delayed due to ongoing negotiations on the multi-year global OEM
agreement with one of the world's largest enterprise software
vendors announced on 13 January 2025.
Annual grant of share options
The FY27 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 2027 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 (revenue £73.0m, EBITDA £18.0m), target and stretch
(revenue £91.0m, EBITDA £22.75m) performance levels.
FY24 grant of share options
The FY24 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, fully vested following completion of the
three year period ending 30 June 2024. In common with previous
awards, the number of options which vested depended on the level of
achievement between stretch and super stretch performance levels as
previously detailed in the Company's 2022 Remuneration Committee
Report.
Following the new grant of options
and assuming all vesting criteria are met, the fully diluted number
of Ordinary Shares would be 33,538,604; of which the total number
of Ordinary Shares over which options currently issued and
outstanding represent 11.7% 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
Information 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
Identification code
|
Options over Ordinary Shares of 1p
each
GB00BKF1YD83
|
|
b)
|
Nature of transaction
|
Grant of Options over Ordinary
Shares pursuant to Eagle Eye Solutions
Group plc Long Term Incentive Plan
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
1.
Nil
2.
Nil
3.
Nil
4.
Nil
5.
Nil
6.
Nil
7.
Nil
|
1.
118,120
2.
69,420
3.
69,420
4.
37,054
5.
38,870
6.
21,193
7.
20,740
|
|
|
Aggregated information
-
Aggregated volume
-
Price
|
Not applicable
|
|
e)
|
Date of the transaction
|
14 January 2025
|
|
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 and Joint
Broker)
|
Tel: +44 20 7597 5970
|
|
David Anderson, Nick Prowting, James
Smith
|
|
|
|
|
|
Shore Capital (Joint Broker)
|
Tel: +44 20 7408 4090
|
|
Corporate Advisory: Daniel Bush,
David Coaten, Lucy Bowden
|
|
|
Corporate Broking: Henry
Willcocks
|
|
|
|
|
|
Alma Strategic Communications
|
Tel: +44 20 3405 0205
|
|
Caroline Forde, Hannah Campbell,
Kinvara Verdon
|
|
About Eagle Eye
Eagle Eye is a leading SaaS and AI
technology company enabling retail, travel and hospitality brands
to earn the loyalty of their end customers by powering their
real-time, omnichannel and personalised consumer marketing
activities, at scale.
Eagle Eye AIR is a cloud-based
platform, which provides the most flexible and scalable loyalty and
promotions capability in the world. More than 850 million
personalised offers are executed via the platform every week, and
it currently hosts over 500 million loyalty member wallets for
businesses all over the world. Eagle Eye is a certified member of
the MACH Alliance and is trusted to deliver a secure service at
hundreds of thousands of physical POS destinations worldwide,
enabling the real-time issuance and redemption of promotional
coupons, loyalty offers, gift cards, subscription benefits and
more.
The Eagle Eye AIR platform is
currently powering loyalty and customer engagement solutions for
enterprise businesses all over the world, including Asda, Tesco,
Morrisons, Waitrose and John Lewis & Partners, JD Sports, Pret
a Manger, Loblaws, Southeastern Grocers, Giant Eagle, and the
Woolworths Group. In January 2024, Eagle Eye launched EagleAI, a
next-generation data science solution for personalisation, already
being used by leading retailers worldwide including Carrefour,
Auchan and Pattison Food Group. Web - www.eagleeye.com
