Newmark Security PLC Grant of Options (1542Z)
24 May 2016 - 9:45PM
UK Regulatory
TIDMNWT
RNS Number : 1542Z
Newmark Security PLC
24 May 2016
Newmark Security plc
("Newmark" or the "Company")
Grant of Options
Newmark Security plc (AIM:NWT), a leading provider of electronic
and physical security systems, announces that it has granted
options over a total of 7,000,000 new ordinary shares of 1p each in
the Company ("Ordinary Shares") (the "Options") to four senior
members of the (non-Board) management team.
The Options are exercisable at a price of 2.92 pence per share
being the closing price as at 20 May 2016 and vest on 23 May 2019.
The Options expire on the tenth anniversary of the date of
grant.
The Options represent 1.49 per cent. of the total number of
Ordinary Shares in issue.
The total number of options now outstanding over Ordinary Shares
is 23,966,082 representing 6.61 per cent. of the total number of
Ordinary Shares in issue.
For further information:
Newmark Security plc +44 (0) 20 7355
Marie-Claire Dwek, Chief 0070
Executive Officer www.newmarksecurity.com
Brian Beecraft, Finance Director
Cantor Fitzgerald Europe
David Foreman / Michael Reynolds
(Corporate Finance) +44 (0) 20 7894
David Banks (Sales) 7000
Yellow Jersey PR Limited
Dominic Barretto +44 (0) 7768 537
Aidan Stanley 739
Newmark Security Plc
Newmark Security PLC is a leading provider of electronic and
physical security systems, which focus on personal security and the
safety of assets. Operating through two established and wholly
owned divisions, Grosvenor Technology (Electronic) and Safetell
(Physical Security), the Group listed on AIM in 1997.
Grosvenor Technology provides state of the art access control
and data acquisition systems delivered via its reputable JANUS
access control platform and its CUSTOM brand data-collection
terminals. The next generation and recently launched SATEON
software is a new and innovative access control concept which
delivers all the features of a software based system but in the
cloud which combines the advantages of a software based system with
cloud technology to improve lifecycle cost, install speed and allow
for instant maintenance from anywhere in the world. Grosvenor
Technology clients include BAE Systems, UK Air Traffic Control,
BSkyB, Merrill Lynch, Bank of America, M & S, Morrisons, Tesco,
Network Rail, government departments and many universities. More
information can be found at www.grosvenortechnology.com
Offering personnel and asset protection since 1987, Safetell is
the UK's leading provider of fixed and reactive security screens,
reception counters, cash management systems and associated security
equipment. Safetell's customers range from leading blue chip
organisations to single sites including banks and building
societies, police forces and the Post Office, local authorities and
government departments, forecourt retailers and supermarket chains.
More information can be found at www.safetell.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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