Grant of Options

RNS Number : 7351W

Safestyle UK PLC

29 April 2016

 

Safestyle UK plc

("Safestyle", the "Group", or the "Company")

Grant of Options

Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, announces that on 29 April 2016 the Company granted to Steve Birmingham (Chief Executive Officer) and Mike Robinson (Chief Financial Officer) an aggregate 124,805 options over ordinary shares in the Company under the terms of the Safestyle UK plc 2016 Executive Share Option Plan.

The exercise price of 268.38p is equivalent to the closing mid-market price of an ordinary share on 28 April 2016.  The options are subject to the achievement of performance conditions and are exercisable from 29 April 2019 to 29 April 2026.

Director	Grant of new options over ordinary shares	Exercise price	Total number of options over ordinary shares	Director's interest in the Company's issued share capital (exc. options)
Steve Birmingham	66,585	268.38p	164,487	4,132,346
Mike Robinson	58,220	268.38p	143,814	316,499

Enquiries

Safestyle UK plc	Tel: [phone]
Steve Birmingham (Chief Executive Officer)
Mike Robinson (Chief Financial Officer)
Zeus Capital (Nominated Adviser & Broker)	Tel: [phone]
Nicholas How / Dominic King
Liberum Capital Limited (Joint Broker)	Tel: [phone]
Neil Patel / Tom Fyson
FTI Consulting (Financial PR)	Tel: [phone]
Oliver Winters / Alex Beagley / James Styles

 

END

 

 

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