RTC Group PLC Grant of Share Options (9883N)
22 May 2015 - 4:00PM
UK Regulatory
TIDMRTC
RNS Number : 9883N
RTC Group PLC
22 May 2015
RTC Group plc
("RTC" or the "Group")
Grant of Share Options
RTC announces the grant of share options over a total of 560,002
existing ordinary shares of one penny each in the Company
("Ordinary Shares") to members of the Group Board and to key
management personnel throughout the Group ("Options"). The Ordinary
Shares over which the Options have been granted are held in the
Group's Employee Benefit Trust. The Options were granted under the
Company's Long-Term Incentive Plan ("LTIP") and EMI 2001 Share
Option Scheme ("EMI Scheme") on 22 May 2015 as follows:
Total no.
No. of Options of Options % of issued
Name Position granted now held share capital
B Douie(1) Executive Chairman 28,572 103,572 0.7%
Group Chief Executive
A Pendlebury(1) Officer 128,572 233,572 1.6%
S Dye(1) Group Finance Director 112,858 282,858 2.0%
Group wide(2) Key management personnel 290,000 1,140,000 8.0%
--------------- ------------ ---------------
560,002 1,760,002 12.3%
(1) the exercise of certain of these options is subject to the
achievement of certain performance conditions set out within the
LTIP
(2) the exercise of certain of these options is subject to the
achievement of certain performance conditions
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 21
May 2015, is 70p. Subject to the achievement of performance
conditions in certain cases as indicated above, the options can be
exercised at any time from 22 May 2018 to 22 May 2025.
There are now a total of 1,200,000 Options over new Ordinary
Shares outstanding, representing approximately 8.4% of the
Company's current issued share capital and a total of 560,002
options over existing shares in the Group's Employee Benefit Trust.
Options over 115,579 existing shares in the Group's Employee
Benefit Trust and a further 123,725 new shares have been reserved
for future grants under the Group's LTIP and for future key
employees.
ENDS
Enquiries:
RTC Group plc
Bill Douie, Executive Chairman
Andy Pendlebury, CEO Tel: 01332 861
Sarah Dye, Group Finance Director 844
Tel: 07766 505
402
WH Ireland (Nominated Adviser and Broker) Tel: 0113 394
Andrew Kitchingman / Liam Gribben 6600
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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