Exercise of Share Options

RNS Number : 4783F

EMIS Group PLC

12 November 2015

 

EMIS Group plc

Exercise of Share Options

EMIS Group plc ("the Company") announces that on 11 November 2015 the Company was notified that Peter Southby, Chief Financial Officer, had exercised options over 27,714 ordinary shares of 1p each ("Ordinary Shares") at a price of £7.09 per Ordinary Share under an existing option contract granted on 2 May 2013. Options under this scheme are subject to TSR performance criteria.

As a result Peter Southby subsequently acquired 27,714 Ordinary Shares at a price of £7.09 per Ordinary Share and disposed of 22,714 Ordinary Shares at a price of £10.75 per Ordinary Share to fund the option exercise price, tax and NI obligations. These Ordinary Shares were acquired by JY Trustees Limited on behalf of the EMIS Group plc Employee Benefit Trust. In addition, Peter Southby transferred the residual 5,000 Ordinary Shares to his spouse, Katherine Southby, for nil-consideration.

Following these transactions Peter Southby has a total beneficial holding of 10,701 Ordinary Shares representing 0.017% of the Company's issued share capital.

Enquiries:

For further information, contact:

EMIS Group plc                                                                           Tel: [phone]

Chris Spencer, CEO

Peter Southby, CFO

www.emisgroupplc.com

Numis Securities Limited (Nominated Adviser & Broker)            Tel: [phone]

Oliver Hardy/Simon Willis/James Black

MHP Communications                                                                 Tel: [phone]

Reg Hoare/Giles Robinson/Charlie Barker                       

 

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