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Grant of Options under SAYE Scheme

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RNS Number : 3416P  Epwin Group PLC  17 June 2022

17 June 2022

 

Epwin Group Plc

 

Grant of Options under SAYE Scheme

 

Epwin Group Plc (AIM: EPWN) ("Epwin" or the "Group"), the leading manufacturer
of energy efficient and low maintenance building products, supplying the
Repair, Maintenance and Improvement ("RMI"), new build and social housing
sectors is pleased to announce that, on 16 June 2022, it made a further grant
of options under its Save As You Earn ("SAYE") share scheme, which is
available for all employees.

 

Eligible employees were invited to subscribe for options over the Company's
Ordinary Shares of 0.05 pence each ('Ordinary Shares') at an exercise price
of 66.96 pence, representing a 20% discount to the closing middle market
price of the Ordinary Shares on 31 May 2022, the dealing day before the
invitation to participate was made.  The options have a contract start date
of 1 August 2022 and are exercisable between 1 August 2025 and 31 January
2026.

 

A total of 162 employees elected to participate, and pursuant to these
elections a total of 1,102,903 options over Ordinary Shares have been issued,
equating to 0.76% of the current issued share capital.

 

 

Contact information

 Epwin Group Plc                                     0203 128 8168

 Jon Bednall, Chief Executive

 Chris Empson, Group Finance Director

 Shore Capital (Nominated Adviser and Joint Broker)   0207 408 4090

 Corporate Advisory

 Daniel Bush / Iain Sexton

 Corporate Broking

 Fiona Conroy

 Zeus Capital Limited (Joint Broker)                 0203 829 5000

 Dominic King / Nick Searle

 MHP Communications                                  0203 128 8168

 Reg Hoare / Charlie Barker / Pauline Guenot         epwin@mhpc.com

 

 

About Epwin

Epwin is the leading manufacturer of energy efficient and low maintenance
building products with significant market shares, supplying the Repair,
Maintenance and Improvement ("RMI"), new build and social housing sectors.

 

The Company is incorporated, domiciled and operates principally in the United
Kingdom.

 

Information for investors can be accessed www.epwin.co.uk/investors/
(http://www.epwin.co.uk/investors/)

 

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