RTC Group PLC Grant of Share Options (7424Z)
March 17 2017 - 3:00AM
UK Regulatory
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
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