Robinson PLC Grant of Options & PDMR Dealing (3638T)
July 17 2020 - 5:49AM
UK Regulatory
TIDMRBN
RNS Number : 3638T
Robinson PLC
17 July 2020
17 July 2020
Robinson plc
Grant of Options & PDMR Dealing
Robinson plc ("Robinson" or the "Group" stock code: RBN), the
custom manufacturer of plastic and paperboard packaging based in
Chesterfield, announces that on 16 July 2020 a total of 600,000
options ("Options") to acquire ordinary shares of 0.5 pence each
("Ordinary Shares") were granted to Helene Roberts, CEO, pursuant
to the Group's Incentive Plan 2016.
The Options are exercisable at a price of 118.5 pence per
Ordinary Share, being the Company's closing share price on the day
prior to the grant, and are subject to performance conditions
linked to the Company's future profits. The Options were issued in
two separate tranches, with the first tranche of 300,000 Options
exercisable from the third anniversary of the issue date and lapse
on the tenth anniversary (the "First Tranche"). The second tranche
of 300,000 Options are exercisable from the fifth anniversary of
the issue date and lapse on the tenth anniversary (the "Second
Tranche"). The Options are subject to claw back and malus
provisions.
For further information, please contact:
Robinson plc www.robinsonpackaging.com
Guy Robinson, Finance Director Tel: 01246 389283
finnCap Limited
Ed Frisby / Giles Rolls, corporate Tel: 020 7220 0500
finance
Tim Redfern / Tim Harper, ECM
Note for Editors:
Headquartered in Chesterfield, with manufacturing facilities in
Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire), Chesterfield,
Warsaw and Lodz (Poland), Robinson currently employs around 320
people. It was formerly a family business, with its origins dating
back over 181 years. Today the Group's main activity is the
manufacture and sale of injection and blow moulded plastic
packaging as well as rigid paperboard premium gift packaging.
Robinson operates primarily within the food, household, drink,
confectionery, cosmetic and toiletry sectors, providing niche or
custom manufacture to major brands in the fast-moving consumer
goods market, such as Unilever, Proctor & Gamble, Reckitt
Benckiser, SC Johnson, and McBride. The Group also has a
substantial property portfolio with development potential.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Helene Roberts
-------------------------------- ---------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status CEO
-------------------------------- ---------------------------------
b) Initial notification/Amendment Initial notification
-------------------------------- ---------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Robinson plc
-------------------------------- ---------------------------------
b) LEI 213800591SNLBFFF7M61
-------------------------------- ---------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Grant of Options over Ordinary
Financial instrument, shares of 0.5 pence each
type of instrument
Identification code GB00B00K4418
-------------------------------- ---------------------------------
b) Nature of the transaction Grant of Options
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Exercise Price Volume
of Options
118.5 pence 600,000
--------
-------------------------------- ---------------------------------
d) Aggregated information:
* Aggregated volume As above
* Price
-------------------------------- ---------------------------------
e) Date of the transaction 16 July 2020
-------------------------------- ---------------------------------
f) Place of the transaction O utside of trading venue
-------------------------------- ---------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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