REG - Knights Group Hldgs - Grant of Options Under 2022 SAYE Scheme

Knights groupAnnouncement

23/03/2022 10:30

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RNS Number : 6776F  Knights Group Holdings PLC  23 March 2022

Knights Group Holdings plc

("Knights", the "Company" or the "Group")

Grant of Options Under 2022 Save As You Earn Scheme

Knights, announces the grant of options to employees as part of the Group's
Save As You Earn ("SAYE") share option scheme for 2022. The scheme is open to
all permanent employees to encourage ownership and sharing in the future
growth of the Group via share option arrangements.

 

Eligible employees were invited to apply for options under the SAYE scheme
over Knights' ordinary shares of £0.002 each ("Shares") with an exercise
price of £2.96. The exercise price of the Options was set at a discount of
20% to the closing middle market share price of £3.70 on the trading day
prior to the communication of the scheme to eligible employees being 21
February 2022. The options have a contract start date of 1 May 2022 and are
exercisable from 36 months thereafter.

 

A total of 524 employees have elected to participate in the 2022 SAYE Scheme,
and pursuant to their elections, options over a total of 1,430,251 Shares have
been granted today.

 

Ends

 

Enquiries

 Knights
 David Beech, CEO                   via MHP Communications
 Numis (Nominated Adviser and Broker)
 Stuart Skinner, Kevin Cruickshank  +44 20 7260 1000
 MHP Communications (Media enquiries)
 Andrew Jaques, Katie Hunt          +44 20 3128 8100

                                    knights@mhpc.com (mailto:knights@mhpc.com)

 

 

 

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