RNS Number : 5731Z
Empresaria Group PLC
15 March 2017
 

15 March 2017

 

Empresaria Group plc

("Empresaria" or the "Company")

 

Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")

 

Empresaria, the international specialist staffing group, announces that on 15 March 2017 the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's LTIP approved by shareholders on 10 July 2008, to the following senior executives of the Company over 363,178 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:

 

Name

Position

Number of Ordinary Shares under Award

Joost Kreulen

Chief Executive Officer

192,368

Spencer Wreford

Group Finance Director

151,686

James Chapman

Head of Legal & Company Secretary

19,124

 

The Awards were made based on a share price of £1.438 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 2 March 2017 to 8 March 2017. The LTIP's performance criteria are based on EPS and share price performance.

 

Vesting of the Awards is subject to the achievement of the performance criteria of the LTIP over the holding period to March 2020, following release of the Company's preliminary results for the financial period 1 January 2019 to 31 December 2019.

 

 

Enquiries:

Empresaria Group plc
Joost Kreulen, Chief Executive Officer
Spencer Wreford, Group Finance Director

via Redleaf 

Arden Partners (Nominated Adviser and Broker)
John Llewellyn-Lloyd / Steve Douglas / Ciaran Walsh

020 7614 5900

Redleaf Communications (Financial PR)
Rebecca Sanders Hewett / Sam Modlin

020 7382 4730
empresaria@redleafpr.com

Notes for editors:

§ Empresaria Group plc is an international specialist staffing group with 21 brands operating in 19 countries across the globe including the UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia and the Philippines.

 

§ Empresaria offers temporary/contract and permanent staffing solutions as well as Offshore Recruitment Services in seven key sectors: Technical & Industrial, Aviation Services, IT & Design, Professional Services, Healthcare, Executive search and Retail.

 

§ Empresaria applies a multi brand, management equity philosophy and business model, with Empresaria group company management teams holding significant equity in their own business.

 

§ Empresaria is listed on AIM under ticker EMR. For more information: empresaria.com

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

A.   A. Joost Kreulen

B.   B. Spencer Wreford

C.  C. James Chapman

2

Reason for the notification

a)

Position/status

A.   A. Chief Executive Officer

B.   B. Group Finance Director

C.  C. Head of Legal & Company Secretary

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Empresaria Group plc

b)

LEI

213800B2HE4EMMM7B313

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

Grant of share options to acquire Empresaria Group plc 5p ordinary shares 

ISIN for Empresaria Group plc 5p ordinary shares: GB00B0358N07

b)

Nature of the transaction

 

Grant of nil cost share options under the Empresaria Group plc 2008 Long Term Incentive Plan

c)

Price(s) and volume(s)

 

Price (exercise): Nil

Volume(s):

A.   A. 192,368

B.   B. 151,686

C.  C. 19,124

d)

Aggregated information

- Aggregated volume

- Price

 

363,178

Nil

e)

Date of the transaction

15 March 2017

f)

Place of the transaction  

Outside a trading venue

 


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