ACRM.L

Acuity RM Group Plc
Acuity RM Group PLC - Grant of Options
26th June 2024, 15:27
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RNS Number : 0239U
Acuity RM Group PLC
26 June 2024
 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

 

 

26 June 2024

 

Acuity RM Group plc

("Acuity" or the "Company")

Grant of Options

Acuity (AIM:ACRM), the software group, announces that, on 26 June 2024, the following share options were granted to directors and Persons Discharging Managerial Responsibilities (PDMRs) as detailed below: 

 

Name

Position

Options granted

Total number of options held

Angus Forrest

Executive Chair

3,002,564 *

3,802,564

Kerry Chambers

Chief Executive

2,251,922

2,251,922

Kate Buchan

Finance Director

1,125,961

1,125,961

Adam Freeman

Chief Technology Officer

750,641

750,641

 

The options have been granted under the Company's approved Enterprise Management Incentive share option scheme (the "EMI Scheme") and have an exercise price of 3.75 pence per share, the closing mid-market price of the shares, as derived from the AIM Appendix to the London Stock Exchange Daily Official List for 25 June 2024, (being the market price as defined under the rules of the EMI Scheme).   Save for 1,501,282 options granted to Angus Forrest, the options are exercisable in whole or in part at any time in the next five years conditional on the market price (under the rules of the EMI Scheme) of the Company's shares reaching double the exercise price for a period of at least five consecutive trading days.

 

*1,501,282 of the options granted to Angus Forrest have been awarded as a reward for initiating, delivering and successfully integrating the acquisition of Acuity Risk Management Limited. These bonus options are not subject to any performance criteria and are exercisable between the first and tenth anniversaries of the date of grant.

 

The total number of options granted under the EMI Scheme is 7,131,088, representing approximately 4.75 per cent of the Company's current issued share capital. In addition, there are 1,600,000 unapproved share options. Accordingly, the total number of options that are outstanding is 8,731,088, representing approximately 5.82 per cent of the current issued share capital.

 

Enquiries:

Acuity RM Group Plc

www.acuityrmgroup.com

Angus Forrest, Executive Chair

020 3582 0566



W H Ireland (NOMAD and Broker)

www.whirelandcb.com

Mike Coe / Sarah Mather

 

Clear Capital Limited (Joint Broker)

Andrew Blaylock                                              

 

020 7220 1666

 

 

020 3869 6080                           

Peterhouse Capital Limited (Joint broker)


Lucy Williams / Duncan Vasey

020 7469 0936

 

 

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management services. Its award-winning STREAM® software platform collects data about organisations to improve business decisions and management.  It is used by around 70 organisations in markets including government, utilities, defence, broadcasting, manufacturing and healthcare.

 

The Company is focused on delivering long term, sustainable growth in shareholder value. In the short to medium term this is expected to come from organic growth and thereafter may also come from complementary acquisitions.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Angus Forrest

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Acuity RM Group plc

b)

 

LEI

 

 

213800JHJFKALDJA5X97 

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

 

 

 

Share Options over Ordinary shares of 0.1p each

 

 GB00BR0WHY71

b)

 

Nature of the transaction

 

 

Grant of Options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

3.75p

3,002,564

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 n/a

 

 

 

e)

 

Date of the transaction

 

 

26 June 2024

f)

 

Place of the transaction

 

 

Outside of a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Kerry Chambers

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive, Acuity Risk Management Ltd

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Acuity RM Group plc

b)

 

LEI

 

 

213800JHJFKALDJA5X97 

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

 

 

 

Share Options over Ordinary shares of 0.1p each

 

GB00BR0WHY71 

b)

 

Nature of the transaction

 

 

Grant of Options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

3.75p

2,251,922

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

n/a

 

 

e)

 

Date of the transaction

 

 

26 June 2024

f)

 

Place of the transaction

 

 

Outside of a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Kate Buchan

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Finance Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Acuity RM Group plc

b)

 

LEI

 

 

213800JHJFKALDJA5X97 

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

 

 

 

Share Options over Ordinary shares of 0.1p each

 

 GB00BR0WHY71

b)

 

Nature of the transaction

 

 

Grant of Options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

3.75p

1,125,961

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 n/a

 

e)

 

Date of the transaction

 

 

26 June 2024

f)

 

Place of the transaction

 

 

Outside of a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Adam Freeman

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Technology Officer, Acuity Risk Management Limited

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Acuity RM Group plc

b)

 

LEI

 

 

213800JHJFKALDJA5X97 

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

 

 

 

Share Options over Ordinary shares of 0.1p each

 

 GB00BR0WHY71

b)

 

Nature of the transaction

 

 

Grant of Options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

3.75p

750,641

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

n/a

e)

 

Date of the transaction

 

 

26 June 2024

f)

 

Place of the transaction

 

 

Outside of a trading venue

 

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