Grant of Options and UK Office Lease Renewal
All Things Considered Group plc has granted 1,150,000 share options to Directors, PDMRs, and senior management at an exercise price of 128.5p, with expiry in ten years. These options are split between the Company Share Option Plan and an Unapproved Share Option Plan, with staggered exercise dates beginning in 2027. Additionally, the company has renewed its UK office lease for ten years at £180,000 per annum, a transaction considered related party due to beneficial ownership by spouses of executive directors, but deemed fair and reasonable by independent directors.
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Grant of options
UK office lease renewal
All Things Considered Group plc (AIM: ATC), the independent music company housing talent management, live booking, merchandising, talent services and events, announces that the Company has granted a total of 1,150,000 share options over ordinary shares in the Company (the "Options") to certain Directors, persons discharging managerial responsibilities ("PDMRs") and senior management.
All of the Options have been granted with an exercise price of 128.5p, being the closing mid-market price of an ordinary share in the Company on 5 January 2026, the business day prior to the grant. All of the Options expire if not exercised within ten years after the date of grant.
Company Share Option Plan ("CSOP")
The Company has granted the following Options to certain Directors and PDMRs pursuant to the CSOP:
Number of Options over ordinary shares
| Adam Driscoll | CEO | 46,692 |
| Emma Stoker | Director of Business Affairs | 46,692 |
| James Patterson | COO | 46,692 |
| Ric Salmon | Chief Growth Officer | 7,782 |
The Options issued pursuant to the CSOP may be exercised from 6 January 2029 to 5 January 2036.
Unapproved Share Option Plan
The Company has granted Options to certain Directors and PDMRs pursuant to the Company's Unapproved Share Option Plan as follows:
| Title | Number of Options over ordinary shares | Quantum and time period for exercise of Options | |
|---|---|---|---|
| Adam Driscoll | CEO | 253,308 | 93,308 Options from 6/1/2027 80,000 Options from 6/1/2028 80,000 Options from 6/1/2029 |
| Deborah Lovegrove | CFO | 50,000 | 50,000 Options from 6/1/2029 |
| Emma Stoker | Director of Business Affairs | 53,308 | 23,308 Options from 6/1/2028 30,000 Options from 6/1/2029 |
| James Patterson | COO | 353,308 | 113,308 Options from 6/1/2027 120,000 Options from 6/1/2028 120,000 Options from 6/1/2029 |
| Ric Salmon | Chief Growth Officer | 192,218 | 72,218 Options from 6/1/2027 60,000 Options from 6/1/2028 60,000 Options from 6/1/2029 |
Following these grants, which total 1,150,000 Options, the Company now has a total of 2,474,000 share options over ordinary shares in the Company outstanding, equivalent to 10.56 per cent. of the Company's issued share capital.
Pursuant to the requirements of the UK Market Abuse Regulation for Directors and PDMRs, the table at the end of this announcement provides further details of the grant of Options.
UK office lease renewal
In addition, the Company announces that it has agreed terms with Ellei Properties Ltd to renew the lease for its UK headquarters, located at The Hat Factory, 166-168 Camden Street, London NW1 9PT (the "London Office").
The lease for the 490 square metre premises has been extended for a further 10 years (effective from 1 January 2025), at a rental rate of £180,000 per annum plus buildings insurance (previously £150,000 per annum), with break clauses exercisable every two years and periodic rent reviews (the "Lease Agreement"). The Board considers that the renewed annual rent is below the market rate for other comparable properties.
The London Office is owned by Ellei Properties Ltd, a company that is beneficially owned by the spouses of Brian Message and Craig Newman, Executive Directors and Co-Founders of the Company, with Mr Message and Mr Newman also being the directors of Ellei Properties Ltd. As such, entering into the Lease Agreement is deemed to be a related party transaction pursuant to the AIM Rules for Companies. The directors of the Company that are independent for the purposes of this transaction (being Adam Driscoll, Deborah Lovegrove, Cliff Fluet, Andy Glover and Emma Stoker) consider, having consulted with the Company's Nominated Adviser, Allenby Capital Limited, that the terms of the Lease Agreement are fair and reasonable insofar as the Company's shareholders are concerned.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | 1) Adam Driscoll 2) Deborah Lovegrove 3) Emma Stoker 4) James Patterson 5) Ric Salmon |
| 2. | Reason for the Notification | |
| a) | Position/status | 1) Chief Executive Officer 2) Chief Financial Officer 3) Director of Business Affairs 4) Chief Operating Officer 5) Chief Growth Officer |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | All Things Considered Group plc |
| b) | LEI | 213800LC7EIESF7IXT53 |
| a) | Description of the Financial instrument, type of instrument | Ordinary shares of 1p each |
| Identification code | ISIN: GB00BM9CMX71 | |
| b) | Nature of the transaction | Grant of options over ordinary shares of 1p each |
| b) | Price(s) and volume(s) | Price(s) Volume(s) 1) 128.5p 300,000 2) 128.5p 50,000 3) 128.5p 100,000 4) 128.5p 400,000 5) 128.5p 200,000 |
| d) | Aggregated information: - Aggregated volume - Price | N/A (single transaction) |
| e) | Date of the transaction | 6 January 2026 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.