Last checked at 15 Mar 2017 13:22
15 March 2017
Empresaria Group plc
("Empresaria" or the "Company")
Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")
Empresaria, the international specialist staffing group, announces that on 15 March 2017 the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's LTIP approved by shareholders on 10 July 2008, to the following senior executives of the Company over 363,178 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:
Name | Position | Number of Ordinary Shares under Award |
Joost Kreulen | Chief Executive Officer | 192,368 |
Spencer Wreford | Group Finance Director | 151,686 |
James Chapman | Head of Legal & Company Secretary | 19,124 |
The Awards were made based on a share price of £1.438 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 2 March 2017 to 8 March 2017. The LTIP's performance criteria are based on EPS and share price performance.
Vesting of the Awards is subject to the achievement of the performance criteria of the LTIP over the holding period to March 2020, following release of the Company's preliminary results for the financial period 1 January 2019 to 31 December 2019.
Enquiries:
Empresaria Group plcJoost Kreulen, Chief Executive OfficerSpencer Wreford, Group Finance Director | via Redleaf |
Arden Partners (Nominated Adviser and Broker)John Llewellyn-Lloyd / Steve Douglas / Ciaran Walsh | 020 7614 5900 |
Redleaf Communications (Financial PR)Rebecca Sanders Hewett / Sam Modlin | 020 7382 4730empresaria@redleafpr.com |
Notes for editors:
§ Empresaria Group plc is an international specialist staffing group with 21 brands operating in 19 countries across the globe including the UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia and the Philippines.
§ Empresaria offers temporary/contract and permanent staffing solutions as well as Offshore Recruitment Services in seven key sectors: Technical & Industrial, Aviation Services, IT & Design, Professional Services, Healthcare, Executive search and Retail.
§ Empresaria applies a multi brand, management equity philosophy and business model, with Empresaria group company management teams holding significant equity in their own business.
§ Empresaria is listed on AIM under ticker EMR. For more information: empresaria.com
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | A. A. Joost Kreulen B. B. Spencer Wreford C. C. James Chapman |
2 | Reason for the notification | |
a) | Position/status | A. A. Chief Executive Officer B. B. Group Finance Director C. C. Head of Legal & Company Secretary |
b) | Initial notification /Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Empresaria Group plc |
b) | LEI | 213800B2HE4EMMM7B313 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument Identification code | Grant of share options to acquire Empresaria Group plc 5p ordinary shares ISIN for Empresaria Group plc 5p ordinary shares: GB00B0358N07 |
b) | Nature of the transaction
| Grant of nil cost share options under the Empresaria Group plc 2008 Long Term Incentive Plan |
c) | Price(s) and volume(s)
| Price (exercise): Nil Volume(s): A. A. 192,368 B. B. 151,686 C. C. 19,124 |
d) | Aggregated information - Aggregated volume - Price |
363,178 Nil |
e) | Date of the transaction | 15 March 2017 |
f) | Place of the transaction | Outside a trading venue |