Employee Share Plan and Directors' Dealing

RNS Number : 7616P

Anpario PLC

22 November 2016

 

22 November 2016

ANPARIO PLC

("Anpario" or the "Company" and, together with its subsidiaries, the "Group")

 Employee Share Plan and Directors' Dealing

Anpario plc announces that on 21 November 2016 the Company has granted further options under The Anpario Share Option Scheme 2013 (the "SAYE Scheme ") which is approved by H.M. Revenue and Customs. 

Certain employees (the "SAYE Scheme Participants") of the Group have chosen to participate in the SAYE Scheme, pursuant to which, subject to certain customary conditions being satisfied, they will be able to subscribe for, in aggregate, up to 78,132 ordinary shares in the capital of the Company ("Shares"). The executive directors of the Company, Richard Edwards and Karen Prior, are both SAYE Scheme Participants and, subject to the same conditions being satisfied, they will each be able to subscribe for up to 4,015 Shares.

The entitlements to subscribe arise following the end of the three year period to 31 January 2020. The exercise price per Share is set at 224.13 pence and the SAYE Scheme Participants may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.

Enquiries: Anpario plc Richard Edwards, Chief Executive Officer                           [phone] Karen Prior, Group Finance Director                                  [phone] Peel Hunt Dan Webster, Adrian Trimmings, George Sellar                   [phone]

 

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