Grant of Options

RNS Number : 1542Z

Newmark Security PLC

24 May 2016

 

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 7,000,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") (the "Options") to four senior members of the (non-Board) management team. 

The Options are exercisable at a price of 2.92 pence per share being the closing price as at 20 May 2016 and vest on 23 May 2019.  The Options expire on the tenth anniversary of the date of grant.

The Options represent 1.49 per cent. of the total number of Ordinary Shares in issue.

The total number of options now outstanding over Ordinary Shares is 23,966,082 representing 6.61 per cent. of the total number of Ordinary Shares in issue.

For further information:

Newmark Security plc Marie-Claire Dwek, Chief Executive Officer Brian Beecraft, Finance Director	[phone] www.newmarksecurity.com
Cantor Fitzgerald Europe David Foreman / Michael Reynolds (Corporate Finance) David Banks (Sales)	[phone]
Yellow Jersey PR Limited Dominic Barretto Aidan Stanley	[phone]

Newmark Security Plc

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 (Physical Security), 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 new and innovative access control concept which delivers all the features of a software based system but in the cloud which combines the advantages of a software based system with cloud technology to improve lifecycle cost, install speed and allow 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 personnel 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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