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RHL - Redhall News Story

1.6p 0.0  0.0%

Last Trade - 23/05/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £37.8m
Position in Universe th / 1826

Redhall Group PLC - Grant of Options

Mon 8th February, 2016 7:00am
RNS Number : 3096O
Redhall Group PLC
08 February 2016

For immediate release

8 February 2016



Redhall Group plc

("Redhall" or the "Group")

Grant of Options

Redhall Group plc (AIM: RHL), the manufacturing and specialist services group, announces that, it has allocated 3,000,000 options over ordinary shares of 0.01p each to senior managers of the Group under the Redhall Long Term Incentive Plan ("LTIP"). The vesting of these awards is subject to the satisfaction of performance conditions including 30 per cent. compound annual total shareholder return based upon the share price at date of grant over a performance period of two years.

The Directors believe that equity incentives are and will continue to be an important means of retaining, attracting and motivating senior management. Further details of the LTIP are set out in the circular to shareholders dated 11 September 2015 and are available on Redhall's website at www.redhallgroup.co.uk.

Contact details:

Redhall Group plc

Tel: +44 (0) 1924 385 386

Phil Brierley, Chief Executive

Chris Kelly, Group Finance Director




Buchanan

Tel: +44 (0) 20 7466 5000

Mark Court, Sophie Cowles, Jane Glover




Altium, NOMAD and Financial Advisors


Simon Lord, Paul Lines

Tel: +44 (0) 845 505 4343



WH Ireland, Broker


Adrian Hadden, Liam Gribben

Tel: +44 (0) 20 7220 1666


This information is provided by RNS
The company news service from the London Stock Exchange
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