Last checked at 16 Mar 2016 07:00
16 March 2016
Empresaria Group plc ("Empresaria" or the "Company")
Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")
The Company announces that on 15 March 2016 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 executive directors over 437,855 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 | 244,892 |
Spencer Wreford | Group Finance Director | 192,963 |
The Awards were made based on a share price of 88.1 pence per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days following the release of the final results from 2 March 2016 to 8 March 2016. 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 2019, following release of the Company's preliminary results for the financial period 1 January 2018 to 31 December 2018.
Enquiries:
Empresaria Group plcJoost Kreulen, Chief Executive OfficerSpencer Wreford, Group Finance Director | via Redleaf Communications |
Arden Partners (Nominated Adviser and Broker)John Llewellyn-Lloyd / Steve Douglas / Ciaran Walsh | 020 7614 5900 |
Redleaf Communications (Financial PR)Rebecca Sanders Hewett / Sarah Fabietti / Harriet Lynch | 020 7382 4730empresaria@redleafpr.com |
Notes for editors:
§ Empresaria Group plc is an international specialist staffing group with 19 brands operating in 18 countries across the globe including UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA and the Philippines.
§ The Group offers temporary and permanent staffing solutions as well as Offshore Recruitment Services in six key sectors including Technical & Industrial, IT & Design, Professional Services, Healthcare and Retail.
§ Empresaria applies a multi brand, management equity philosophy and business model, with Group company management teams holding significant equity in their own business.
§ The Group is listed on AIM under ticker EMR. For more information: empresaria.com