Mirriad Advertising plc, the computer vision and AI platform company, announces that, under the terms of the Company’s long-term incentive plan (“LTIP”), the following awards were granted on 18 May 2020.
|
Name and position |
Number of shares subject to option |
|
Mark Melvin, EVP, Commercial Development |
1,023,622 |
|
David Dorans, Chief Financial Officer |
1,660,800 |
|
Niteen Crawford-Prajapati, Chief Technology Officer |
1,440,000 |
|
Lianne Norry, Global Chief Marketing Officer |
405,000 |
|
Rajasekhar Parakkal, MD India |
586,667 |
|
Phil McLauchlan, Chief Scientist |
476,000 |
|
Simon John Redding, Head of Engineering |
476,000 |
|
Tim Jones, Head of Research |
435,960 |
|
Michael Rees, MD APAC |
720,000 |
The options will accrue to recipients evenly over 36 months and will only be capable of exercise at the end of the three-year vesting period. The exercise price for the options is 15p.
The notifications below are made in accordance with the requirements of the Market Abuse Regulations.
|
Mirriad Advertising plc Stephan Beringer, Chief Executive Officer David Dorans, Chief Financial Officer
|
Tel: +44 (0)207 884 2530 |
|
Nominated Adviser & Broker: Canaccord Genuity Limited Simon Bridges Thomas Diehl
|
Tel: +44 (0)20 7523 8000
|
|
Financial Communications: Charlotte Street Partners Tom Gillingham Andrew Wilson
|
Tel: +44 (0) 7741 659021 Tel: +44 (0) 7810 636995
|
Notes to Editors
About Mirriad
Mirriad’s award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad’s market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions.