Grant of Share Options

RNS Number : 1652Q

Sagentia Group PLC

02 November 2012

 



2 November 2012

Sagentia Group plc

("Sagentia")

Grant of Share Options

Sagentia Group plc (AIM:SAG) announces that on 1 November 2012 the Company granted various options over ordinary shares in its share capital to employees of the Company.

Options have been granted over a total of 1,500,000 ordinary shares; 549,273 under the Approved Scheme and 950,727 under the Unapproved Scheme.

Each of these options vest after three years from the date of issue and are exercisable at 86 pence per share for a period of seven years from vesting, provided that the Company's share price has reached at least 129 pence per share for a period of 20 consecutive trading days.

No options were granted to Directors and the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

- Ends -

For further information:

Sagentia Group plc
Martyn Ratcliffe, Executive Chairman	Tel: [phone]
Neil Elton, Finance Director	www.sagentia.com

Numis Securities Limited
Nominated Adviser: Oliver Cardigan / Simon Willis Corporate Broking: James Serjeant	Tel: [phone]

Media enquiries:

Abchurch
Henry Harrison-Topham / Jamie Hooper	Tel: [phone]
[e-mail]	www.abchurch-group.com

 

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