Launch of Group 2022 SAYE Scheme

RNS Number : 4608X

Marlowe PLC

30 August 2022

 

30 August 2022

Marlowe plc

Launch of Group 2022 SAYE Scheme

Grant of 2022 SAYE Options

Marlowe plc (" Marlowe " or the " Group "), the specialist services group focused on developing companies which assure safety and regulatory compliance, announces that as part of the Group's HMRC approved 2022 Save As You Earn scheme (the " 2022 SAYE Scheme ") a total of 413,340 options to subscribe for ordinary shares of 50 pence each in the capital of the Group (" 2022 SAYE Options ") have today been granted to employees of the Group.

Under the 2022 SAYE scheme, which was made available to all Marlowe employees, a total of 716 employees of the Group, have applied to participate in the 2022 SAYE Scheme. The 2022 SAYE Options have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of 758 pence per 2022 SAYE Option. Subject to the rules of the 2022 SAYE Scheme, participants will be able to exercise their 2022 SAYE Options within six-months commencing from 1 October 2025.

For further information:

Marlowe plc	www.marloweplc.com
Alex Dacre, Chief Executive	Tel: [phone]
Adam Councell, Group Finance Director Julian Wais, Head of Investor Relations Benjamin Tucker, Investment Relations Manager	[e-mail]
Cenkos Securities plc - Nominated Adviser & Joint Broker
Nicholas Wells	Tel: [phone]
Ben Jeynes George Lawson
Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker
Mark Whitmore Ben Wright	Tel: [phone]
Stifel - Joint Broker
Matthew Blawat Francis North	Tel: [phone]
FTI Consulting
Nick Hasell	Tel: [phone]
Alex Le May

 About Marlowe plc

Marlowe is a UK leader in business-critical services and software which assure safety and regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services. It is focused on compliance software, eLearning, health & safety, employment law and HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets and leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

 

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