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Grant of Options

18 Dec 2013 07:00

RNS Number : 8039V
APC Technology Group PLC
18 December 2013
 

 

18 December 2013

APC Technology Group PLC("APC" or the "Company")

Grant of Options

The Company announces that on 17 December 2013, the following new share option grants were awarded to certain Directors of the Company.

Name

Number of new options granted in APC

Total number of options held in APC following grant

Total number of Ordinary Shares held in APC

Leonard Seelig

200,000

300,000

Nil

Tessa Laws

50,000

150,000

Nil

Ian Davidson

50,000

150,000

40,000

The share options, the subject of this award, vest over a period of three years, and are exercisable (in whole or in part) at any time up to the tenth anniversary of the date of grant at 85 pence per share, representing a premium of 61.1 per cent. to the Company's closing share price of 52.75 pence on 17 December 2013.

 

Enquiries:

 

APC Technology Group plc

01634 290588

Mark Robinson, Chief Executive Officer

Rob Smith, Finance Director

www.apc-plc.co.uk

 

Strand Hanson Limited (Nominated Adviser)

020 7409 3494

James Harris / Angela Hallett / Ritchie Balmer

Northland Capital Partners Limited (Joint Broker)

020 7796 8800

John Howes / Alice Lane

N+1 Singer (Joint Broker)

020 7496 3000

Andrew Craig / Ben Wright

Redleaf Polhill (Financial PR)

020 7382 4730

Rebecca Sanders-Hewett / David Ison

apc@redleafpr.com

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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