12 Nov 2015 10:19
EMIS Group plc
Exercise of Share Options
EMIS Group plc ("the Company") announces that on 11 November 2015 the Company was notified that Peter Southby, Chief Financial Officer, had exercised options over 27,714 ordinary shares of 1p each ("Ordinary Shares") at a price of £7.09 per Ordinary Share under an existing option contract granted on 2 May 2013. Options under this scheme are subject to TSR performance criteria.
As a result Peter Southby subsequently acquired 27,714 Ordinary Shares at a price of £7.09 per Ordinary Share and disposed of 22,714 Ordinary Shares at a price of £10.75 per Ordinary Share to fund the option exercise price, tax and NI obligations. These Ordinary Shares were acquired by JY Trustees Limited on behalf of the EMIS Group plc Employee Benefit Trust. In addition, Peter Southby transferred the residual 5,000 Ordinary Shares to his spouse, Katherine Southby, for nil-consideration.
Following these transactions Peter Southby has a total beneficial holding of 10,701 Ordinary Shares representing 0.017% of the Company's issued share capital.
Enquiries:
For further information, contact:
EMIS Group plc Tel: 0113 380 3000
Chris Spencer, CEO
Peter Southby, CFO
www.emisgroupplc.com
Numis Securities Limited (Nominated Adviser & Broker) Tel: 020 7260 1000
Oliver Hardy/Simon Willis/James Black
MHP Communications Tel: 020 3128 8540
Reg Hoare/Giles Robinson/Charlie Barker