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Grant of Share Options

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RNS Number : 7532I
RTC Group PLC
23 March 2018
 

23 March 2018

RTC Group plc

("RTC" or the "Company")

Grant of Share Options

RTC announces the grant of share options ("Options") over a total of 858,407 new ordinary shares of one penny each in the Company ("Ordinary Shares") to members of the Group's Board. The Options were granted under the Company's Long-Term Incentive Plan ("LTIP") on 23 March 2018 as follows:

Name

Position

No. of Options granted

Total no. of Options now held

% of issued share capital

W J C Douie

Executive Chairman

115,044

297,187

2.0%

A M Pendlebury

Chief Executive Officer

460,177

933,749

6.4%

S L Dye

Group Finance Director

283,186

679,259

4.6%

 

 

858,407

1,910,195

13.0%

The exercise of the Options is subject to the achievement of the performance conditions set out within the LTIP.

The exercise price of the Options is nil pence per share. The market price at date of grant, which equates to the closing middle market price of an Ordinary Share as at the close of business on 22 March 2018, is 56.5p.  Subject to the achievement of performance conditions as indicated above, the options can be exercised at any time from 23 March 2021 to 23 March 2028. 

~ Ends ~

Enquiries:

RTC Group plc

Bill Douie, Executive Chairman

Andy Pendlebury, CEO

Sarah Dye, Group Finance Director

 

 

Tel:  01332 861 844

 

SPARK Advisory Partners Limited (Nominated Adviser)

Matt Davis / Mark Brady

www.Sparkadvisorypartners.com

Tel:   0203 368 3550

Whitman Howard Limited (Broker)

Nick Lovering / Francis North

www.Whitman-howard.com

   Tel: 020 7659 1234

 

About RTC

RTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.

ATA is one of the UK's leading engineering and technical recruitment consultancies. Supplying white and blue collar engineering and technical staff to a broad range of SME clients and vertical markets.

Ganymede is focussed on the supply and operation of blue collar contingent labour into safety critical markets.

Global Staffing Solutions predominantly provides managed service solutions for international clients.

www.rtcgroupplc.co.uk

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Quick facts: RTC Group PLC

Price: 52.5

Market: AIM
Market Cap: £7.69 m
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