TIDMRTC

RNS Number : 4646S

RTC Group PLC

17 March 2016

RTC Group plc

("RTC", the "Company" or the "Group")

Grant of Share Options

RTC announces the grant of share options ("Options") over a total of 402,500 existing ordinary shares of one penny each in the Company ("Ordinary Shares") to members of the Group's Board. 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") on 17 March 2016 as follows:

 
                                                           Total 
                                              No. of      no. of   % of issued 
                                             Options     Options         share 
 Name             Position                   granted    now held       capital 
 
 B Douie          Executive Chairman          50,000     153,572         1.07% 
                   Group Chief Executive 
  A Pendlebury      Officer                  225,000     458,572         3.20% 
 S Dye            Group Finance Director     127,500     410,358         2.86% 
                                             402,500   1,022,502         7.13% 
 

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 16 March 2016, is 80p. Subject to the achievement of performance conditions as indicated above, the options can be exercised at any time from 17 March 2019 to 17 March 2026.

ENDS

Enquiries:

 
 RTC Group plc 
  Bill Douie, Executive Chairman 
  Andy Pendlebury, CEO                  Tel: 01332 
  Sarah Dye, Group Finance Director     861 844 
                                        Tel: 07766 
                                        505 402 
 
 
 WH Ireland (Nominated Adviser and   Tel: 0113 394 
  Broker)                             6600 
  Katy Mitchell / Liam Gribben 
 

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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(END) Dow Jones Newswires

March 17, 2016 08:59 ET (12:59 GMT)

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