TIDMRTC

RNS Number : 7424Z

RTC Group PLC

17 March 2017

17 March 2017

RTC Group plc

("RTC" or the "Company")

Grant of Share Options

RTC announces the grant of share options ("Options") over a total of 234,286 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 2017 as follows:

 
 Name              Position             No. of     Total no.       % of 
                                       Options    of Options     issued 
                                       granted      now held      share 
                                                                capital 
                   Executive 
 W J C Douie        Chairman            28,571       182,143       1.3% 
                   Chief Executive 
 A M Pendlebury     Officer            120,000       473,572       3.3% 
                   Group Finance 
 S L Dye            Director            85,715       396,073       2.7% 
                                     ---------  ------------  --------- 
                                       234,286     1,051,788       7.3%

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 2017, is 52.5p. Subject to the achievement of performance conditions as indicated above, the options can be exercised at any time from 17 March 2020 to 17 March 2027.

Ends

Enquiries:

 
 RTC Group plc                         Tel: 01332 
  Bill Douie, Executive Chairman        861 844 
  Andy Pendlebury, CEO 
  Sarah Dye, Group Finance Director 
 
 
 SPARK Advisory Partners Limited   Tel: 0203 
  (Nominated Adviser)               368 3550 
  Matt Davis / Mark Brady 
  www.Sparkadvisorypartners.com 
 Whitman Howard Limited (Broker)   Tel: 020 7659 
  Nick Lovering / Francis North     1234 
  www.Whitman-howard.com

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

MSCQQLFFDXFEBBD

(END) Dow Jones Newswires

March 17, 2017 03:00 ET (07:00 GMT)

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