|
31 March 2010 |
Robinson plc
AWARD OF SHARE OPTIONS
Robinson plc ("Robinson" or "the Group"; stock code: RBN), the custom manufacturer of plastic and paperboard packaging based in Chesterfield, announces that on 31 March 2010 share options were approved for issue by the Remuneration Committee under the terms of the 2004 Enterprise Management Incentive Plan as follows:-
|
No. of options on 0.5p ordinary shares |
Option price |
Total options now held |
Adam Formela (Chief Executive) |
450,000 |
43p |
450,000 |
Guy Robinson (Finance Director) |
250,000 |
43p |
250,000 |
These share options granted are exercisable at any time between the third and tenth anniversary of the date they were granted, subject to the achievement of certain performance criteria.
On 25 March 2010 both Adam Formela and Guy Robinson agreed that their entitlement to existing options (550,000 and 471,884 on 0.5p ordinary shares respectively) would lapse.
For further information, please contact:
Adam Formela, Chief Executive, Robinson plc |
01246 505196 |
Guy Robinson, Finance Director, Robinson plc |
01246 505196 |
|
|
Nick Tulloch, Arbuthnot Securities |
020 7012 2000 |
|
|
Ends