REG - RA Intnl Group PLC - Issuance of Share Options and Restricted Shares

Ra InternationalAnnouncement

20/10/2020 07:00

RNS Number : 6226C
  
RA International Group PLC
  
20 October 2020
  
 

 
RA INTERNATIONAL GROUP PLC
("RA International" or the "Company")
 
Issuance of Share Options and Restricted Shares
 
RA International Group PLC (AIM: RAI), a specialist provider of support services to many of the world's largest Humanitarian, Governmental and Commercial organisations, has issued a total of 1,843,047 share options (the "Options") over ordinary shares of 10p each (the "Ordinary Shares") to certain employees of the Company. The Options will vest in stages over the next three years, with the first tranche vesting on 1st May 2021. 
The Company has also agreed to issue a total of 1,840,449 restricted Ordinary Shares (the "Restricted Shares") to senior members of staff, including certain persons discharging managerial responsibilities, as detailed below. The Restricted Shares will be subject to a six month lock-in from the date of issue, during which they cannot be sold or transferred.
Ordinary Shares issued pursuant to the award of the Restricted Shares will be satisfied from the pool of Ordinary Shares currently held in treasury. It is intended that Ordinary Shares issued pursuant to the exercise of the Options will also be satisfied from the pool of Ordinary Shares held in treasury.
Following the issue of the Restricted Shares, the total number of Ordinary Shares in issue and admitted to trading on AIM will remain at 173,575,741, comprising 2,027,551 Ordinary Shares held in treasury and 171,548,190 Ordinary Shares with voting rights. The figure of 171,548,190 Ordinary Shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
 
Enquiries:
 



RA International Group PLC
Soraya Narfeldt, Chief Executive Officer
Lars Narfeldt, Chief Operating Officer
Andrew Bolter, Chief Financial Officer
 


Via Bamburgh Capital




Cenkos Securities PLC (Nominated Adviser and Broker)
Derrick Lee
Peter Lynch
 


+44 (0)131 220 6939




Bamburgh Capital Limited (Financial PR & Investor Relations)
Murdo Montgomery
 


+44 (0)191 249 7442
investors@raints.com



 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated 
 








a)


Name
 


Andrew Bolter 




2


Reason for notification
 








a)


Position/Status 
 


Chief Financial Officer and PDMR




b)


Initial notification/Amendment 
 


Initial Notification 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 








a)


Name 
 


RA International Group plc




b)


LEI 
 
 


213800N6RTATELJU6797




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


Ordinary Shares of 10 pence each
RAI




b)


Nature of the transaction
 


Award of Restricted Shares




c)


Price(s) and volume(s)
 





Price


Volume




Nil


512,061



 
 




d)


Aggregated information
-      Aggregated volume
-      Price


 
512,061 Ordinary Shares
Nil
 




e)


Date of the transactions
 


19 October 2020
 




f)


Place of the transaction
 


London Stock Exchange, AIM



 



1


Details of the person discharging managerial responsibilities/person closely associated 
 








a)


Name
 


William Warnock




2


Reason for notification
 








a)


Position/Status 
 


Director of US Business Development and PDMR




b)


Initial notification/Amendment 
 


Initial Notification 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 








a)


Name 
 


RA International Group plc




b)


LEI 
 
 


213800N6RTATELJU6797




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


Ordinary Shares of 10 pence each
RAI




b)


Nature of the transaction
 


Award of Restricted Shares




c)


Price(s) and volume(s)
 





Price


Volume




Nil


816,327



 
 




d)


Aggregated information
-      Aggregated volume
-      Price


 
816,327 Ordinary Shares
Nil
 




e)


Date of the transactions
 


19 October 2020




f)


Place of the transaction
 


London Stock Exchange, AIM



 



1


Details of the person discharging managerial responsibilities/person closely associated 
 








a)


Name
 


Trevor Stratford




2


Reason for notification
 








a)


Position/Status 
 


Business Development Director and PDMR




b)


Initial notification/Amendment 
 


Initial Notification 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 








a)


Name 
 


RA International Group plc




b)


LEI 
 
 


213800N6RTATELJU6797




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


Ordinary Shares of 10 pence each
RAI




b)


Nature of the transaction
 


Award of Restricted Shares




c)


Price(s) and volume(s)
 





Price


Volume




Nil


512,061



 
 




d)


Aggregated information
-      Aggregated volume
-      Price


 
512,061 Ordinary Shares
Nil
 




e)


Date of the transactions
 


19 October 2020
 




f)


Place of the transaction
 


London Stock Exchange, AIM



 
 
About RA International 
RA International is a leading provider of services to remote locations in Africa and the Middle East. The Company offers its services through three channels: construction, integrated facilities management and supply chain, and services three main client groups: humanitarian and aid agencies, governments and commercial customers, predominantly in the oil and gas and mining sectors. It has a strong customer base, largely comprising UN agencies, western governments and global corporations.
 
The Company provides comprehensive, flexible, mission critical support to its clients enabling them to focus on the delivery of their respective businesses and services. Focusing on integrity and values alongside making on-going investment in its people, locations and operations has over time created a reliable and trusted brand within its sector.

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