Grant of Options

RNS Number : 7966S

Newmark Security PLC

29 September 2014

 



Newmark Security plc

("Newmark" or the "Company")

Grant of Options

Newmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, announces that it has granted options over a total of 1,909,589 new ordinary shares of 1p each in the Company ("Ordinary Shares") (the "Options") to Marie-Claire Dwek, CEO of Newmark. 

The Options are exercisable at a price of 1.825p per share being the closing price as at 22 September 2014 and vest in thirds on each of 23 September 2017, 23 September 2018 and 23 September 2019.  The Options expire on the tenth anniversary of the date of grant.

The Options represent 0.42 per cent. of the total number of Ordinary Shares in issue. Marie-Claire Dwek does not currently hold any Ordinary Shares.

The total number of options now outstanding over Ordinary Shares is 28,663,636 representing 6.4 per cent. of the total number of Ordinary Shares in issue.

For further information:

Newmark Security plc
Robert Waddington, Brian Beecraft, Group Finance Director	Tel: [phone] Tel: [phone]
	www.newmarksecurity.com

Cantor Fitzgerald Europe
David Foreman / Mark Percy, Corporate Finance David Banks / Paul Jewell, Corporate Broking	Tel: [phone]
	www.cantor.com

Notes to editors

Newmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets.  Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Asset Protection), the Group listed on AIM in 1997.

Grosvenor Technology provides state of the art access control and data acquisition systems delivered via its reputable JANUS access control platform and its CUSTOM brand data-collection terminals.  The next generation and recently launched SATEON software is a brand new and innovative access control concept which delivers all the features of a software based system but in the cloud which improves lifecycle cost, install speed and allows for instant maintenance from anywhere in the world. Grosvenor Technology clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch, Bank of America, M & S, Morrisons, Tesco, Network Rail, government departments and many universities.  More information can be found at www.grosvenortechnology.com

Offering staff and asset protection since 1987, Safetell is the UK's leading provider of fixed and reactive security screens, reception counters, cash management systems and associated security equipment.  Safetell's customers range from leading blue chip organisations to single sites including banks and building societies, police forces and the Post Office, local authorities and government departments, forecourt retailers and supermarket chains.  More information can be found at www.safetell.co.uk

 

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