18 Dec 2013 07:00
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 |