Grant of Options under SAYE Scheme

Epwin Group PLC

15 November 2024

 

15 November 2024

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, with significant market shares, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors is pleased to announce that, on 14 November 2024, 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 84.0 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 18 October 2024, the dealing day before the invitation to participate was made.  The options have a contract start date of 1 January 2025 and are exercisable between 1 January 2028 and 30 June 2028.

A total of 262 employees elected to participate, and pursuant to these elections a total of 1,558,491 options over Ordinary Shares have been issued, equating to 1.12% of the current issued share capital.

Contact information

Epwin Group Plc Jon Bednall, Chief Executive Chris Empson, Group Finance Director	078 3462 3818
Shore Capital (Nominated Adviser and Joint Broker) Corporate Advisory Daniel Bush / Harry Davies-Ball Corporate Broking Fiona Conroy Zeus Capital Limited (Joint Broker) Dominic King / Nick Searle	0207 408 4090 0203 829 5000
MHP Communications Reg Hoare / Matthew Taylor / Finn Taylor	078 3462 3818 [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/

 

END