REG - RTC Group PLC - Exercise of Options

RTCAnnouncement

09/11/2023 12:30

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RNS Number : 9794S  RTC Group PLC  09 November 2023

9 November 2023

 

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.

 

 

 

RTC Group Plc

(or the "Company" or "the Group")

 

Exercise of Options

The Company has received a request to exercise options over 150,000 ordinary
shares of 1p each in the Company (the "Request").143,412 shares held by the
Company's Employee Benefit Trust ("EBT") will be used to part satisfy the
Request.  The remaining 6,588 shares will be satisfied by the allotment of
new ordinary shares issued under the Company's allotment authorities.

An application will be made to the London Stock Exchange for the balance of
the 6,588 New Ordinary Shares (the "New Ordinary Shares") to be admitted to
trading on AIM ("Admission").

Admission is expected to occur at 8.00am on 15 November 2023.

The options, the subject of the Request, had an exercise price of 25.5 pence
per share.

Following completion of this transaction, the Company's EBT will no longer
hold shares in the Company.

Admission of shares and total voting rights

Following Admission, the total issued share capital of the Company will
consist of 14,650,295 ordinary shares.  As each ordinary share carries the
right to one vote, the total number of voting rights in the Company will be
14,650,295.  This number may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
FCA's Disclosure and Transparency Rules.

~ Ends ~

 

Enquiries:

   RTC Group plc                                                                  Tel: 0133 286 1835

 Andy Pendlebury, Executive Chairman and Chief Executive

 www.rtcgroupplc.co.uk (http://www.rtcgroupplc.co.uk)
   SPARK Advisory Partners Limited (Nominated Adviser)                       Tel:  0203 368 3550

  Matt Davis / Mark Brady

   www.Sparkadvisorypartners.com (http://www.sparkadvisorypartners.com/)
   SI Capital Limited (Broker)                                                Tel: 01483 413500

  Nick Emerson

  Sam Lomanto

  www.sicapital.co.uk

About RTC

RTC Group Plc is an AIM listed recruitment business that focuses on white and
blue-collar recruitment, providing temporary and permanent labour to a broad
range of industries and customers in both domestic and international markets
through its geographically defined operating divisions.

UK division

Through its Ganymede and ATA Recruitment brands the Group provides a wide
range of recruitment services in the UK.

Ganymede specialise in recruiting the best technical and engineering talent
and providing complete workforce solutions to help build and maintain
infrastructure and transportation for a wide range of UK and international
clients. Ganymede is a market leader in providing a diverse range of people
solutions to the rail, energy, construction, highways and transportation
sectors. With offices strategically located across the country, Ganymede
provides its clients with the benefit of a national network of skilled
personnel combined with local expertise.

ATA Recruitment provide high-quality technical recruitment solutions to the
manufacturing, engineering and technology sectors. Working as an engineering
recruitment partner supporting businesses across the UK and Europe, ATA
Recruitment has a strong track record of attracting and recruiting the best
engineering talent for our clients. ATA's regional offices which are
strategically located in Leicester and Leeds each have dedicated
market-experts to ensure ATA delivers excellence to both our clients and
candidates.

International division

Through its GSS brand the Group works with customers across the globe that are
focused on delivering projects in a variety of engineering sectors. GSS has a
track record of delivery in some of the world's most hostile locations.
Working closely with its customers GSS provides contract and permanent
staffing solutions on an international basis, providing key personnel into new
projects and supporting ongoing large-scale project staffing needs. GSS
typically recruit across a range of disciplines and skills from operators and
supervisors, through to senior management level.

The Group headquarters are located at the Derby Conference Centre which also
provides office accommodation for its operating divisions in addition to
generating rental and conferencing income from space not utilised by the
Group.

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