REG - Empresaria Group PLC - Awards pursuant to the Company's LTIP
RNS Number : 9128TEmpresaria Group PLC25 March 201925 March 2019
Empresaria Group plc ("Empresaria" or the "Company")
Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")
Empresaria, the international specialist staffing group, announces that today, 25 March 2019, the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's LTIP, to the following senior executives of the Company over an aggregate 911,578 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:
Name
Position
Number of Ordinary Shares under Award
Spencer Wreford
Chief Executive Officer
282,759
Rhona Driggs
Chief Operating Officer
261,233
Tim Anderson
Group Finance Director
205,000
James Chapman
General Counsel & Company Secretary
162,586
The Awards were made based on a share price of £0.725 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 14 March 2019 to 20 March 2019. The LTIP's performance criteria are based on EPS, PBT and share price performance.
Vesting of the Awards is subject to the achievement of the performance criteria of the LTIP over the holding period to March 2022, following release of the Company's preliminary results for the financial period 1 January 2021 to 31 December 2021.
Enquiries:
Empresaria Group plc
Spencer Wreford, Chief Executive Officer
Tim Anderson, Group Finance Directorvia Alma
Arden Partners (Nominated Adviser and Broker)
John Llewellyn-Lloyd / Ciaran Walsh020 7614 5900
Alma PR (Financial PR)
Rebecca Sanders-Hewett
Sam Modlin
Hilary Buchanan020 3405 0205
empresaria@almapr.comNotes for editors:
· Empresaria Group plc is an international specialist staffing group with 20 brands operating in 21 countries across the globe being the UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia, Vietnam, Austria, Hong Kong, Mexico, Philippines and Peru.
· Empresaria offers temporary/contract and permanent staffing solutions as well as Offshore Recruitment Services in seven key sectors: Technical & Industrial, Aviation services, IT & Design, Professional services, Healthcare, Executive search and Retail.
· Empresaria applies a multi-brand, management equity philosophy and business model, with group company management teams holding significant equity in their own business.
· Empresaria is listed on AIM under ticker EMR. For more information: empresaria.com
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
A. A. Spencer Wreford
B. B. Rhona Driggs
C. C. Tim Anderson
D. D. James Chapman
2
Reason for the notification
a)
Position/status
A. A. Chief Executive Officer
B. B. Chief Operating Officer
C. C. Group Finance Director
D. D. General Counsel & Company Secretary
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Empresaria Group plc
b)
LEI
213800B2HE4EMMM7B313
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 financial instrument, type of instrument
Identification code
Grant of share options to acquire Empresaria Group plc 5p ordinary shares
ISIN for Empresaria Group plc 5p ordinary shares: GB00B0358N07
b)
Nature of the transaction
Grant of nil cost share options under the Empresaria Group plc 2018 Long Term Incentive Plan
c)
Price(s) and volume(s)
Price (exercise): Nil
Volume(s):
A. A. 282,759
B. B. 261,233
C. C. 205,000
D. D. 162,586
d)
Aggregated information
- Aggregated volume
- Price
911,578
Nil
e)
Date of the transaction
25 March 2019
f)
Place of the transaction
Outside a trading venue
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