Aeorema Communications ( (GB:AEO) ) has provided an update.
Aeorema Communications plc announced the grant of options over new ordinary shares to CEO Steve Quah and Managing Director Andrew Harvey, in recognition of their historic performance and revenue growth contributions. This grant, considered a related party transaction under AIM rules, involves a total of 1,805,000 outstanding options, representing 18.62% of the company’s current issued share capital. The company’s directors, excluding Quah and Harvey, have deemed the transaction terms fair and reasonable for shareholders, highlighting its strategic move to incentivize key management personnel.
More about Aeorema Communications
Aeorema Communications plc is a leading strategic communications group with offices in London, New York, and Amsterdam. It provides bespoke event services, including live, virtual, and hybrid experiences, to an international blue-chip client base across sectors such as finance, professional services, advertising, IT, gaming, fashion, fintech, and beverages. The Group also offers high-level consultancy services to enhance clients’ long-term communication strategies through events and films. Aeorema operates through its subsidiaries, including Cheerful Twentyfirst and Eventful Limited, focusing on corporate communication solutions and event management.
YTD Price Performance: -9.35%
Average Trading Volume: 15,046
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.7M
For a thorough assessment of AEO stock, go to TipRanks’ Stock Analysis page.