Grant of Options under SAYE Scheme

RNS Number : 3416P

Epwin Group PLC

17 June 2022

 

17 June 2022

Epwin Group Plc

Grant of Options under SAYE Scheme

Epwin Group Plc (AIM: EPWN) ("Epwin" or the "Group"), the leading manufacturer of energy efficient and low maintenance building products, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors is pleased to announce that, on 16 June 2022, it made a further grant of options under its Save As You Earn ("SAYE") share scheme, which is available for all employees.

Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 0.05 pence each ('Ordinary Shares') at an exercise price of 66.96 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 31 May 2022, the dealing day before the invitation to participate was made.  The options have a contract start date of 1 August 2022 and are exercisable between 1 August 2025 and 31 January 2026.

A total of 162 employees elected to participate, and pursuant to these elections a total of 1,102,903 options over Ordinary Shares have been issued, equating to 0.76% of the current issued share capital.

Contact information

Epwin Group Plc Jon Bednall, Chief Executive Chris Empson, Group Finance Director	0203 128 8168
Shore Capital (Nominated Adviser and Joint Broker) Corporate Advisory Daniel Bush / Iain Sexton Corporate Broking Fiona Conroy Zeus Capital Limited (Joint Broker) Dominic King / Nick Searle	0207 408 4090 0203 829 5000
MHP Communications Reg Hoare / Charlie Barker / Pauline Guenot	0203 128 8168 [e-mail]

About Epwin

Epwin is the leading manufacturer of energy efficient and low maintenance building products with significant market shares, supplying the Repair, Maintenance and Improvement (" RMI"), new build and social housing sectors.

The Company is incorporated, domiciled and operates principally in the United Kingdom.

Information for investors can be accessed www.epwin.co.uk/investors/

 

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