RTC Group PLC Grant of Share Options (4646S)
March 17 2016 - 8:59AM
UK Regulatory
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
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