15 April 2025
Everyman Media Group PLC
("Everyman" or the "Group")
Grant of Options and Changes to Option Terms
Grant of Options
The Company announces that on 15 April 2024 a total of 1,589,717 options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") were granted to key employees pursuant to the Company's Long-Term Incentive Plan ("New Options"). Within this total, the following persons discharging managerial responsibilities were granted the following New Options:
| Name | Position | Number of New Options Granted | Total Options Held |
| Alex Scrimgeour | Chief Executive Officer | 531,525 | 1,708,520 |
| Will Worsdell | Finance Director | 287,840 | 559,830 |
The new options granted have an exercise price of 10 pence and can be exercised on or after 1 January 2026, subject to certain financial and other performance conditions being met.
Changes to Option Terms
On 8 April 2021, the Company announced that Alex Scrimgeour, Chief Executive Officer of Everyman, had been issued 1,000,000 options over ordinary shares of 10 pence each in the capital of the Company ("Options") and 2,000,000 A ordinary shares ("Growth Shares") in a subsidiary company, Everyman Media Holdings Ltd.
The Remuneration Committee of the Company has resolved that the Options will now have an exercise price of 37.5p, being the closing share price of the Company on 14 April 2025, and has amended the terms of the Growth Shares so that they can only vest if certain financial performance targets are met pertaining to the two years ending 31st December 2026. To the extent that these are met, the Growth Shares will entitle Mr. Scrimgeour to receive an amount equivalent to the market value of an ordinary share in the Company less 37.5p, being the closing share price of the Company on 14th April 2025.
The changes in terms to the Options and Growth Shares have been made by the Remuneration Committee of the Company to ensure that Mr. Scrimgeour remains sufficiently incentivised.
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For further information, please contact:
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| Everyman Media Group plc | Tel: 020 3145 0500 |
| Alex Scrimgeour, Chief Executive | |
| Will Worsdell, Finance Director | |
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| Canaccord Genuity Limited (NOMAD and Broker) | Tel: 020 7523 8000 |
| Bobbie Hilliam | |
| Harry Pardoe | |
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| Alma Strategic Communications (Financial PR Advisor) | Tel: 020 3405 0205 |
| Rebecca Sanders-Hewett |
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| Joe Pederzolli Emma Thompson
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| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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| 1 | Details of the person discharging managerial responsibilities/person closely associated | | |||||||||||
| a. | Name | Mr. Alex Scrimgeour | | ||||||||||
| 2 | Reason for notification
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| a. | Position/Status | Chief Executive Officer | | ||||||||||
| b. | Initial notification/ Amendment | Initial notification | | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | |||||||||||
| a. | Name | Everyman Media Group plc | | ||||||||||
| b. | LEI | 213800XIF4R73HAM8S36 | | ||||||||||
| 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 | Options over Ordinary Shares of 10 pence each in Everyman Media Group plc GB00BFH55S51
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| b. | Nature of the transaction | Grant of 531,525 options over Ordinary Shares. | | ||||||||||
| c. | Price(s) and volume(s) |
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| d. | Aggregated information - Aggregated Volume - Price | Not applicable - single transaction
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| e. | Date of the transaction | 15 April 2025 | | ||||||||||
| f. | Place of the transaction | Outside a trading venue | | ||||||||||
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| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| | ||||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | | |||||||||||
| a. | Name | Mr. Will Worsdell | | ||||||||||
| 2 | Reason for notification
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| a. | Position/Status | Financial Director | | ||||||||||
| b. | Initial notification/ Amendment | Initial notification | | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | |||||||||||
| a. | Name | Everyman Media Group plc | | ||||||||||
| b. | LEI | 213800XIF4R73HAM8S36 | | ||||||||||
| 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 | Options over Ordinary Shares of 10 pence each in Everyman Media Group plc GB00BFH55S51
| | ||||||||||
| b. | Nature of the transaction | Grant of 287,840 options over Ordinary Shares. | | ||||||||||
| c. | Price(s) and volume(s) |
| | ||||||||||
| d. | Aggregated information - Aggregated Volume - Price | Not applicable - single transaction
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| e. | Date of the transaction | 15 April 2025 | | ||||||||||
| f. | Place of the transaction | Outside a trading venue | | ||||||||||
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| Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. | | ||||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | | |||||||||||
| a. | Name | Mr. Alex Scrimgeour | | ||||||||||
| 2 | Reason for notification
| | |||||||||||
| a. | Position/Status | Chief Executive Officer | | ||||||||||
| b. | Initial notification/ Amendment | Amendment | | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | |||||||||||
| a. | Name | Everyman Media Group plc | | ||||||||||
| b. | LEI | 213800XIF4R73HAM8S36 | | ||||||||||
| 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 | Growth shares which can be converted into Ordinary Shares of 10 pence each GB00BFH55S51
| | ||||||||||
| b. | Nature of the transaction | Amendment to terms of existing growth shares | | ||||||||||
| c. | Price(s) and volume(s) |
| | ||||||||||
| d. | Aggregated information - Aggregated Volume - Price | Not applicable - single transaction
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| e. | Date of the transaction | 15 April 2025 | | ||||||||||
| f. | Place of the transaction | Outside a trading venue | | ||||||||||
| | | | | | | | | | | ||||
| | | | | | | | | | | ||||
| Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. | | ||||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | | |||||||||||
| a. | Name | Mr Alex Scrimgeour | | ||||||||||
| 2 | Reason for notification
| | |||||||||||
| a. | Position/Status | Chief Executive Officer | | ||||||||||
| b. | Initial notification/ Amendment | Amendment | | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | |||||||||||
| a. | Name | Everyman Media Group plc | | ||||||||||
| b. | LEI | 213800XIF4R73HAM8S36 | | ||||||||||
| 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 | Options over Ordinary Shares of 10 pence each in Everyman Media Group plc GB00BFH55S51
| | ||||||||||
| b. | Nature of the transaction | Amendment to terms of existing growth shares | | ||||||||||
| c. | Price(s) and volume(s) |
| | ||||||||||
| d. | Aggregated information - Aggregated Volume - Price | Not applicable - single transaction
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| e. | Date of the transaction | 17 February 2025 | | ||||||||||
| f. | Place of the transaction | Outside a trading venue | | ||||||||||
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