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Aeorema Communications ( (GB:AEO) ) has provided an announcement.
Aeorema Communications plc announced the issuance of 155,000 new ordinary shares following the exercise of options by CEO Steve Quah. This transaction, which increases Quah’s interest to 9.04% of the company’s enlarged share capital, is classified as a related party transaction under AIM rules. The new shares will be admitted to trading on AIM, impacting the company’s total voting rights, which will now comprise 9,693,000 ordinary shares. This move aligns with Aeorema’s strategic initiatives, reinforcing its market presence and shareholder transparency.
More about Aeorema Communications
Aeorema Communications plc is a leading strategic communications group with offices in London, New York, and Amsterdam. The company provides bespoke event services, including live, virtual, and hybrid experiences, catering to an international blue-chip client base across sectors such as finance, professional services, advertising, IT, gaming, fashion, fintech, and beverages. Aeorema also offers high-level consultancy services to enhance long-term communication strategies for clients through events and film touchpoints. Operating through its subsidiaries, Cheerful Twentyfirst and Eventful Limited, the group is known for its sustainable and ethical business operations, including a client carbon measurement program.
YTD Price Performance: -36.84%
Average Trading Volume: 11,681
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.72M
Learn more about AEO stock on TipRanks’ Stock Analysis page.
