Actual Experience PLC Grant of Options (5929H)
July 28 2023 - 9:00AM
UK Regulatory
TIDMACT
RNS Number : 5929H
Actual Experience PLC
28 July 2023
28 July 2023
Actual Experience plc
(the "Company" or "Actual Experience")
Grant of Options
Actual Experience plc (AIM: ACT), the analytics-as-a-service
company, announces that on 27 July 2023 it granted options
("Options") over 14,496,920 ordinary shares of 0.2 pence each in
the capital of the Company ("Ordinary Shares") to certain employees
and Directors of the Company. The Options have been granted under
the Actual Experience Plc Value Creation Plan, which entitles the
Option holders, as a group, to share a total of 6.8% of the growth
in value of the Company above a hurdle share price of 5.00 pence
share (up to a maximum share price of 148.65 pence per share).
The Options have an exercise price of 1.23 pence, being the
Company's closing share price on the day prior to grant, and vest
in two equal tranches on 27 July 2026 and 27 July 2027, subject to
the Company's share price at these dates exceeding 5.00 pence. The
Options, once vested, can be exercisable anytime up until the 10th
anniversary of the date of grant.
Two Directors of the Company have been granted options over a
total of 8,101,220 Ordinary Shares as follows:
Director Title Number of Options Total number of
granted Options held following
grant
Iain McCready CEO 5,969,320 5,969,320
------- ------------------ ------------------------
Steve Bennetts CFO 2,131,900 3,159,150
------- ------------------ ------------------------
The notification below, made in accordance with the requirements
of the UK Market Abuse Regulation, provides further detail.
For further information visit www.actual-experience.com follow on twitter @ActualExp, or contact:
Actual Experience plc Tel: +44 (0)207
Iain McCready, CEO 129 1474
Steve Bennetts, CFO
Singer Capital Markets Advisory Tel: +44 (0)207
LLP 496 3000
Shaun Dobson
James Fischer
Turner Pope Investments (TPI) Tel: + 44 (0)203
Ltd 657 0050
James Pope
Andy Thacker
Flagstaff Strategic and Investor Tel: +44 (0)207
Communications 129 1474
Tim Thompson actual@flagstaffcomms.com
Mark Edwards
Andrea Seymour
Anna Probert
About Actual Experience
Actual Experience's goal is to make the digital world work for
everyone, everywhere, all of the time. As the working world evolves
post-pandemic, the global shift to a flexible hybrid model has
brought with it a significant challenge; how do businesses create
an environment that gives their people what they need to thrive,
whilst protecting the commercial efficiency of the business and
driving growth at the same time?
For further information please visit
www.actual-experience.com
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Iain McCready
-------------------------------- ------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status CEO
-------------------------------- ------------------------------------
b) Initial notification Initial
/Amendment
-------------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Actual Experience plc
-------------------------------- ------------------------------------
b) LEI 213800UI9OUTXKWLMK28
-------------------------------- ------------------------------------
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 Ordinary shares of 0.2 pence each
financial instrument,
type of instrument
GB00BJ05QC14
Identification code
-------------------------------- ------------------------------------
b) Nature of the transaction Grant of options
-------------------------------- ------------------------------------
c) Price(s) and volume(s) Price Volume
-------------------------------- -------------- --------------------
GBP0.0123 5,969,320 shares
-------------------------------- -------------- --------------------
d) Aggregated information
N/A - Single Transaction
- Aggregated volume
- Price
-------------------------------- ------------------------------------
e) Date of the transaction 27 July 2023
-------------------------------- ------------------------------------
f) Place of the transaction Off Market Transaction
-------------------------------- ------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Steve Bennetts
-------------------------------- ------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status CFO
-------------------------------- ------------------------------------
b) Initial notification Initial
/Amendment
-------------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Actual Experience plc
-------------------------------- ------------------------------------
b) LEI 213800UI9OUTXKWLMK28
-------------------------------- ------------------------------------
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 Ordinary shares of 0.2 pence each
financial instrument,
type of instrument
GB00BJ05QC14
Identification code
-------------------------------- ------------------------------------
b) Nature of the transaction Grant of options
-------------------------------- ------------------------------------
c) Price(s) and volume(s) Price Volume
-------------------------------- -------------- --------------------
GBP0.0123 2,131,900 shares
-------------------------------- -------------- --------------------
d) Aggregated information
N/A - Single Transaction
- Aggregated volume
- Price
-------------------------------- ------------------------------------
e) Date of the transaction 27 July 2023
-------------------------------- ------------------------------------
f) Place of the transaction Off Market Transaction
-------------------------------- ------------------------------------
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END
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