Exercise of Options 16.12.24
Aeorema Communications plc, a leading strategic communications group, announces the issue and allotment of 155,000 new ordinary shares of 12.5p each ("Ordinary Shares") following the exercise of options at 29p per Ordinary Share by Steve Quah, Chief Executive Officer of the Company.
Application has been made to the London Stock Exchange for the 155,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 18 December 2024.
Upon Admission, Steve Quah will have a beneficial interest in 876,514 Ordinary Shares in the Company, representing 9.04 per cent. of the enlarged issued share capital.
Further details via the attached pdf.
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The Information communicated within this announcement is deemed to constitute information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.