TIDMBHRD

RNS Number : 2756H

Be Heard Group PLC

31 July 2019

31 July 2019

Be Heard Group plc ('Be Heard', the 'Company')

Further re Issue of Shares, Grant of Options and PDMR Shareholding

ADDITIONAL INFORMATON ON THE RECENT ISSUES OF SHARES

Be Heard Group plc, the digital marketing group, hereby notifies that on 5 July 2019, the following management employees and other connected persons received ordinary shares as part of the share issue announced on 26 June 2019.

 
        Name                           Role                     Number of shares 
 Richard Armstrong    CEO Kameleon Worldwide Ltd                   52,500,000 
                     ----------------------------------------  ----------------- 
 Ben Rudman           COO Be Heard Group plc                       24,032,591 
                     ----------------------------------------  ----------------- 
 James Cannings       CTO MMT Ltd                                  24,032,591 
                     ----------------------------------------  ----------------- 
 Pete Robins          Founder Agenda 21 Ltd                        12,570,448 
                     ----------------------------------------  ----------------- 
 Rhys Williams        Founder Agenda 21 Ltd                        11,045,917 
                     ----------------------------------------  ----------------- 
                      CEO The Corner Communications (London) 
 Neil Simpson          Ltd                                         20,125,737 
                     ----------------------------------------  ----------------- 
                      CSO The Corner Communications (London) 
 Neil Hourston         Ltd                                         20,125,737 
                     ----------------------------------------  ----------------- 
                      CCO The Corner Communications (London) 
 Tom Ewart             Ltd                                         20,125,737 
                     ----------------------------------------  ----------------- 
 Nick Bygate          MD MMT Ltd                                   4,369,561 
                     ----------------------------------------  ----------------- 
 

GRANT OF OPTIONS UNDER THE COMPANY'S LONG-TERM INCENTIVE SCHEME

The total holding in the Company of these people, representing 38.1% of the total issued share capital in Be Heard, is as follows:

 
        Name                           Role                     Number of shares 
 Richard Armstrong    CEO Kameleon Worldwide Ltd                   73,322,549 
                     ----------------------------------------  ----------------- 
 Ben Rudman           COO Be Heard Group plc                       69,726,942 
                     ----------------------------------------  ----------------- 
 James Cannings       CTO MMT Ltd                                  69,726,942 
                     ----------------------------------------  ----------------- 
 Pete Robins          Founder Agenda 21 Ltd                        59,040,542 
                     ----------------------------------------  ----------------- 
 Rhys Williams        Founder Agenda 21 Ltd                        51,878,974 
                     ----------------------------------------  ----------------- 
                      CEO The Corner Communications (London) 
 Neil Simpson          Ltd                                         46,924,363 
                     ----------------------------------------  ----------------- 
                      CSO The Corner Communications (London) 
 Neil Hourston         Ltd                                         46,924,363 
                     ----------------------------------------  ----------------- 
                      CCO The Corner Communications (London) 
 Tom Ewart             Ltd                                         46,924,363 
                     ----------------------------------------  ----------------- 
 Nick Bygate          MD MMT Ltd                                   10,977,861 
                     ----------------------------------------  ----------------- 
 

Furthermore, Be Heard announces that, on 13 May 2019, the Company's Long-Term Incentive Plan ("LTIP") was approved and that subsequent to this options were granted over ordinary shares of one pence each in the capital of the Company ("Options") to certain Directors and PDMRs, the details of which are set out below:

 
        Name                     Role               Number of shares 
 Simon Pyper          CEO Be Heard Group plc           40,000,000 
                     ----------------------------  ----------------- 
 Ben Rudman           COO Be Heard Group plc           25,000,000 
                     ----------------------------  ----------------- 
 Richard Armstrong    CEO Kameleon Worldwide Ltd       25,000,000 
                     ----------------------------  ----------------- 
 Neil Collins         MD Agenda 21 Ltd                 3,092,500 
                     ----------------------------  ----------------- 
 

All Options are exercisable at a price of nil pence, and vest at multiple points dependent upon profit and share price targets. These targets are as follows:

 
           EBITDA targets   Share Price Targets   Weighting 
                60%                 40% 
 Target 
  1        GBP4.0 million         2.00 p             20% 
 Target 
  2        GBP5.0 million         3.00 p             40% 
 Target 
  3        GBP6.0 million         4.00 p             40% 
 

The options are exercisable once vested for a 10-year period from the date of grant.

As with many LTIP schemes the Remuneration Committee is able to amend targets to reflect such matters as acquisitions and disposals and where appropriate market conditions (with regards to providing competitive remuneration and incentive packages). Full details of the LTIP scheme will be published with the Group's interim results.

Enquiries:

Be Heard Group plc +44 20 3828 6269

Simon Pyper, Group Chief Executive

Ben Rudman, Chief Operating Officer

   N+1 Singer (Nomad and Joint Broker)                                    +44 20 7496 3000 

Mark Taylor / Lauren Kettle

   Dowgate (Joint Broker)                                                             +44 20 3903 7715 

James Serjeant

 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                          Richard Armstrong 
      ----------------------------  --------------------------------- 
 (b)   Position / status             CEO Kameleon Worldwide Limited 
      ----------------------------  --------------------------------- 
 (c)   Initial notification          Initial notification 
        / amendment 
      ----------------------------  --------------------------------- 
 2     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                Ordinary shares of 1p each 
        the financial instrument 
      ----------------------------  --------------------------------- 
       Legal Entity Identifier       213800KTIU8LVH45C84 
      ----------------------------  --------------------------------- 
 (b)   Nature of the transaction     Share issue 
      ----------------------------  --------------------------------- 
 (c)   Price(s) and                   Price(s)    Volume(s) 
        volume(s)                                 ----------- 
                                       GBP0.01     52,500,000 
                                                  ----------- 
      ----------------------------  --------------------------------- 
 (d)  Aggregated information         Single transaction 
       Aggregated volume 
       Price 
      ----------------------------  --------------------------------- 
 (e)  Date of the transaction        5 July 2019 
      ----------------------------  --------------------------------- 
 (f)  Place of the transaction       AIM 
      ----------------------------  --------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                            Ben Rudman 
      ------------------------------  ------------------------------- 
 (b)   Position / status               COO Be Heard Group plc 
      ------------------------------  ------------------------------- 
 (c)   Initial notification            Initial notification 
        / amendment 
      ------------------------------  ------------------------------- 
 2     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                  Ordinary shares of 1p each 
        the financial instrument 
      ------------------------------  ------------------------------- 
       Legal Entity Identifier         213800KTIU8LVH45C84 
      ------------------------------  ------------------------------- 
 (b)   Nature of the transaction       Share issue 
      ------------------------------  ------------------------------- 
 (c)   Price(s) and                     Price(s)    Volume(s) 
        volume(s)                                   ----------- 
                                         GBP.0355    24,032,591 
                                                    ----------- 
      ------------------------------  ------------------------------- 
 (d)  Aggregated information           Single transaction 
       Aggregated volume 
       Price 
      ------------------------------  ------------------------------- 
 (e)  Date of the transaction          5 July 2019 
      ------------------------------  ------------------------------- 
 (f)  Place of the transaction         AIM 
      ------------------------------  ------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                            James Cannings 
      ------------------------------  ------------------------------- 
 (b)   Position / status               CTO MMT Ltd 
      ------------------------------  ------------------------------- 
 (c)   Initial notification            Initial notification 
        / amendment 
      ------------------------------  ------------------------------- 
 2     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                  Ordinary shares of 1p each 
        the financial instrument 
      ------------------------------  ------------------------------- 
       Legal Entity Identifier         213800KTIU8LVH45C84 
      ------------------------------  ------------------------------- 
 (b)   Nature of the transaction       Share issue 
      ------------------------------  ------------------------------- 
 (c)   Price(s) and                     Price(s)    Volume(s) 
        volume(s)                                   ----------- 
                                         GBP.0355    24,032,591 
                                                    ----------- 
      ------------------------------  ------------------------------- 
 (d)  Aggregated information           Single transaction 
       Aggregated volume 
       Price 
      ------------------------------  ------------------------------- 
 (e)  Date of the transaction          5 July 2019 
      ------------------------------  ------------------------------- 
 (f)  Place of the transaction         AIM 
      ------------------------------  ------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                            Nick Bygate 
      ------------------------------  ------------------------------- 
 (b)   Position / status               MD MMT Ltd 
      ------------------------------  ------------------------------- 
 (c)   Initial notification            Initial notification 
        / amendment 
      ------------------------------  ------------------------------- 
 2     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                  Ordinary shares of 1p each 
        the financial instrument 
      ------------------------------  ------------------------------- 
       Legal Entity Identifier         213800KTIU8LVH45C84 
      ------------------------------  ------------------------------- 
 (b)   Nature of the transaction       Share issue 
      ------------------------------  ------------------------------- 
 (c)   Price(s) and                     Price(s)    Volume(s) 
        volume(s)                                   ---------- 
                                         GBP.0355    4,369,561 
                                                    ---------- 
      ------------------------------  ------------------------------- 
 (d)  Aggregated information           Single transaction 
       Aggregated volume 
       Price 
      ------------------------------  ------------------------------- 
 (e)  Date of the transaction          5 July 2019 
      ------------------------------  ------------------------------- 
 (f)  Place of the transaction         AIM 
      ------------------------------  ------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                        Neil Simpson 
      --------------------------  --------------------------------------- 
 (b)   Position / status           CEO The Corner Communications (London) 
                                    Ltd 
      --------------------------  --------------------------------------- 
 (c)   Initial notification        Initial notification 
        / amendment 
      --------------------------  --------------------------------------- 
 2     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              Ordinary shares of 1p each 
        the financial instrument 
      --------------------------  --------------------------------------- 
       Legal Entity Identifier     213800KTIU8LVH45C84 
      --------------------------  --------------------------------------- 
 (b)   Nature of the transaction   Share issue 
      --------------------------  --------------------------------------- 
 (c)   Price(s) and                 Price(s)     Volume(s) 
        volume(s)                                ----------- 
                                     GBP0.0286    20,125,737 
                                                 ----------- 
      --------------------------  --------------------------------------- 
 (d)  Aggregated information       Single transaction 
       Aggregated volume 
       Price 
      --------------------------  --------------------------------------- 
 (e)  Date of the transaction      5 July 2019 
      --------------------------  --------------------------------------- 
 (f)  Place of the transaction     AIM 
      --------------------------  --------------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                        Neil Hourston 
      --------------------------  --------------------------------------- 
 (b)   Position / status           CSO The Corner Communications (London) 
                                    Ltd 
      --------------------------  --------------------------------------- 
 (c)   Initial notification        Initial notification 
        / amendment 
      --------------------------  --------------------------------------- 
 2     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              Ordinary shares of 1p each 
        the financial instrument 
      --------------------------  --------------------------------------- 
       Legal Entity Identifier     213800KTIU8LVH45C84 
      --------------------------  --------------------------------------- 
 (b)   Nature of the transaction   Share issue 
      --------------------------  --------------------------------------- 
 (c)   Price(s) and                 Price(s)     Volume(s) 
        volume(s)                                ----------- 
                                     GBP0.0286    20,125,737 
                                                 ----------- 
      --------------------------  --------------------------------------- 
 (d)  Aggregated information       Single transaction 
       Aggregated volume 
       Price 
      --------------------------  --------------------------------------- 
 (e)  Date of the transaction      5 July 2019 
      --------------------------  --------------------------------------- 
 (f)  Place of the transaction     AIM 
      --------------------------  --------------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                        Tom Ewart 
      --------------------------  --------------------------------------- 
 (b)   Position / status           CCO The Corner Communications (London) 
                                    Ltd 
      --------------------------  --------------------------------------- 
 (c)   Initial notification        Initial notification 
        / amendment 
      --------------------------  --------------------------------------- 
 2     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              Ordinary shares of 1p each 
        the financial instrument 
      --------------------------  --------------------------------------- 
       Legal Entity Identifier     213800KTIU8LVH45C84 
      --------------------------  --------------------------------------- 
 (b)   Nature of the transaction   Share issue 
      --------------------------  --------------------------------------- 
 (c)   Price(s) and                 Price(s)     Volume(s) 
        volume(s)                                ----------- 
                                     GBP0.0286    20,125,737 
                                                 ----------- 
      --------------------------  --------------------------------------- 
 (d)  Aggregated information       Single transaction 
       Aggregated volume 
       Price 
      --------------------------  --------------------------------------- 
 (e)  Date of the transaction      5 July 2019 
      --------------------------  --------------------------------------- 
 (f)  Place of the transaction     AIM 
      --------------------------  --------------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                            Pete Robins 
      ------------------------------  ------------------------------- 
 (b)   Position / status               Founder Agenda 21 Ltd 
      ------------------------------  ------------------------------- 
 (c)   Initial notification            Initial notification 
        / amendment 
      ------------------------------  ------------------------------- 
 2     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                  Ordinary shares of 1p each 
        the financial instrument 
      ------------------------------  ------------------------------- 
       Legal Entity Identifier         213800KTIU8LVH45C84 
      ------------------------------  ------------------------------- 
 (b)   Nature of the transaction       Share issue 
      ------------------------------  ------------------------------- 
 (c)   Price(s) and                     Price(s)     Volume(s) 
        volume(s)                                    ----------- 
                                         GBP0.0254    12,570,448 
                                                     ----------- 
      ------------------------------  ------------------------------- 
 (d)  Aggregated information           Single transaction 
       Aggregated volume 
       Price 
      ------------------------------  ------------------------------- 
 (e)  Date of the transaction          5 July 2019 
      ------------------------------  ------------------------------- 
 (f)  Place of the transaction         AIM 
      ------------------------------  ------------------------------- 
 
 
 1     Details of PDMR/person closely associated with them ("PCA") 
 (a)   Name                            Rhys Williams 
      ------------------------------  ------------------------------- 
 (b)   Position / status               Founder Agenda 21 Ltd 
      ------------------------------  ------------------------------- 
 (c)   Initial notification            Initial notification 
        / amendment 
      ------------------------------  ------------------------------- 
 2     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                  Ordinary shares of 1p each 
        the financial instrument 
      ------------------------------  ------------------------------- 
       Legal Entity Identifier         213800KTIU8LVH45C84 
      ------------------------------  ------------------------------- 
 (b)   Nature of the transaction       Share issue 
      ------------------------------  ------------------------------- 
 (c)   Price(s) and                     Price(s)     Volume(s) 
        volume(s)                                    ----------- 
                                         GBP0.0254    11,045,917 
                                                     ----------- 
      ------------------------------  ------------------------------- 
 (d)  Aggregated information           Single transaction 
       Aggregated volume 
       Price 
      ------------------------------  ------------------------------- 
 (e)  Date of the transaction          5 July 2019 
      ------------------------------  ------------------------------- 
 (f)  Place of the transaction         AIM 
      ------------------------------  ------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCWGUBAMUPBGMU

(END) Dow Jones Newswires

July 31, 2019 02:01 ET (06:01 GMT)

Be Heard (LSE:BHRD)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Be Heard.
Be Heard (LSE:BHRD)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Be Heard.