REG - Empresaria Group PLC - Awards pursuant to the Company's LTIP

EmpresariaAnnouncement

30/03/2020 16:35

RNS Number : 1077I
  
Empresaria Group PLC
  
30 March 2020
  
 

30 March 2020
 
Empresaria Group plc ("Empresaria" or the "Company")
 
Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")
 
Empresaria, the global specialist staffing group, announces that today, 30 March 2020, 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 1,808,159 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:
 



Name


Position


Number of Ordinary Shares under Award




Rhona Driggs


Chief Executive Officer


932,401




Tim Anderson


Chief Financial Officer


500,000




James Chapman


General Counsel & Company Secretary


375,758



 
The Awards were made based on a share price of £0.33 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 19 March 2020 to 25 March 2020. 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 2023, following release of the Company's preliminary results for the financial period 1 January 2022 to 31 December 2022. 
 
Enquiries:



Empresaria Group plc
Rhona Driggs, Chief Executive Officer

Tim Anderson, Chief Financial Officer


via Alma PR 




N+1 Singer (Nominated Adviser and Broker)
Shaun Dobson / James Moat


020 7614 5900




Alma PR (Financial PR)
Rebecca Sanders-Hewett
Sam Modlin
David Ison
Hilary Buchanan


020 3405 0205

empresaria@almapr.com



 
Notes for editors:
§ Empresaria Group plc is a global specialist staffing group offering temporary and contract recruitment, permanent recruitment and offshore recruitment services across 6 sectors: Professional, IT, Healthcare, Property, Construction and Engineering, Commercial and Offshore Recruitment Services.
 
§ Empresaria operates in 20 countries across the world including the 4 largest staffing markets of the US, Japan, UK and Germany along with a strong presence elsewhere in Asia Pacific and Latin America.
 
§ 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. Rhona Driggs 
B.   B. Tim Anderson
C.   C. James Chapman




2 


Reason for the notification 




a) 


Position/status 


A.   A. Chief Executive Officer
B.   B. Chief Financial Officer
C.   C. 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.   932,401
B.   500,000
C.   375,758




d) 


Aggregated information 
- Aggregated volume 
- Price 


 
1,808,159
Nil




e) 


Date of the transaction 


30 March 2020




f) 


Place of the transaction  


Outside a trading venue



 


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