REG - RTC Group PLC - Grant of Share Options <Origin Href="QuoteRef">RTCR.L</Origin>

RTCAnnouncement

17/03/2017 07:01

RNS Number : 7424Z
RTC Group PLC
17 March 2017
17 March 2017
RTC Group plc
("RTC" or the "Company")
Grant of Share Options
RTC announces the grant of share options ("Options") over a total of 234,286 existing ordinary shares of one penny each in the Company ("Ordinary Shares") to members of the Group's Board. The Ordinary Shares over which the Options have been granted are held in the Group's Employee Benefit Trust. The Options were granted under the Company's Long-Term Incentive Plan ("LTIP") on 17 March 2017 as follows:
Name
Position
No. of Options granted
Total no. of Options now held
% of issued share capital
W J C Douie
Executive Chairman
28,571
182,143
1.3%
AMPendlebury
Chief Executive Officer
120,000
473,572
3.3%
S L Dye
Group Finance Director
85,715
396,073
2.7%
234,286
1,051,788
7.3%
The exercise of the Options is subject to the achievement of the performance conditions set out within the LTIP.
The exercise price of the Options is nil pence per share. The market price at date of grant, which equates to the closing middle market price of an Ordinary Share as at the close of business on 16 March 2017, is 52.5p. Subject to the achievement of performance conditions as indicated above, the options can be exercised at any time from 17 March 2020 to 17 March 2027.
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Enquiries:
RTC Group plc
Bill Douie, Executive Chairman
Andy Pendlebury, CEO
Sarah Dye, Group Finance Director
Tel: 01332 861 844
SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis / Mark Brady
www.Sparkadvisorypartners.com
Tel: 0203 368 3550
Whitman Howard Limited (Broker)
Nick Lovering / Francis North
www.Whitman-howard.com
Tel: 020 7659 1234
About RTC
RTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.
ATA is one of the UK's leading engineering and technical recruitment consultancies. Supplying white and blue collar engineering and technical staff to a broad range of SME clients and vertical markets.
Ganymede is focussed on the supply and operation of blue collar contingent labour into safety critical markets.
Global Staffing Solutions predominantly provides managed service solutions for international clients.
www.rtcgroupplc.co.uk
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

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