Grant of Share Options

RNS Number : 7532I

RTC Group PLC

23 March 2018

 

23 March 2018

RTC Group plc

("RTC" or the "Company")

Grant of Share Options

RTC announces the grant of share options ("Options") over a total of 858,407 new ordinary shares of one penny each in the Company ("Ordinary Shares") to members of the Group's Board. The Options were granted under the Company's Long-Term Incentive Plan ("LTIP") on 23 March 2018 as follows:

Name	Position	No. of Options granted	Total no. of Options now held	% of issued share capital
W J C Douie	Executive Chairman	115,044	297,187	2.0%
A M Pendlebury	Chief Executive Officer	460,177	933,749	6.4%
S L Dye	Group Finance Director	283,186	679,259	4.6%
		858,407	1,910,195	13.0%

The exercise of the Options is subject to the achievement of the performance conditions set out within the LTIP.

The exercise price of the Options is nil pence per share. The market price at date of grant, which equates to the closing middle market price of an Ordinary Share as at the close of business on 22 March 2018, is 56.5p.  Subject to the achievement of performance conditions as indicated above, the options can be exercised at any time from 23 March 2021 to 23 March 2028. 

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Enquiries:

RTC Group plc Bill Douie, Executive Chairman Andy Pendlebury, CEO Sarah Dye, Group Finance Director	Tel:  [phone]
SPARK Advisory Partners Limited (Nominated Adviser) Matt Davis / Mark Brady www.Sparkadvisorypartners.com	Tel:   [phone]
Whitman Howard Limited (Broker) Nick Lovering / Francis North www.Whitman-howard.com	Tel: [phone]

About RTC

RTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.

ATA is one of the UK's leading engineering and technical recruitment consultancies. Supplying white and blue collar engineering and technical staff to a broad range of SME clients and vertical markets.

Ganymede is focussed on the supply and operation of blue collar contingent labour into safety critical markets.

Global Staffing Solutions predominantly provides managed service solutions for international clients.

www.rtcgroupplc.co.uk

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

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