Last checked at 13 Dec 2018 16:48
13 December 2018
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 13 December 2018 the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's LTIP, to the following senior executive of the Company over 227,108 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:
Name | Position | Number of Ordinary Shares under Award |
Rhona Driggs | Chief Operating Officer | 227,108 |
The Awards, made on the same terms as those announced on 28 August 2018, are based on a share price of £0.86 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 15 March 2018 to 21 March 2018. 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 2021, following release of the Company's preliminary results for the financial period 1 January 2020 to 31 December 2020.
Enquiries:
Empresaria Group plcSpencer Wreford, Chief Executive OfficerTim Anderson, Group Finance Director | via Alma PR |
Arden Partners (Nominated Adviser and Broker)John Llewellyn-Lloyd / Ciaran Walsh | 020 7614 5900 |
Alma PR (Financial PR)Rebecca Sanders-Hewett / Sam Modlin / Susie Hudson | 020 8004 4217empresaria@almapr.com |
Notes for editors:
§ Empresaria Group plc is an international specialist staffing group with 19 brands operating in 21 countries across the globe including the UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia, Vietnam, the Philippines and Peru.
§ 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 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. Rhona Driggs |
2 | Reason for the notification | |
a) | Position/status | A. Chief Operating Officer |
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 2018 Long Term Incentive Plan |
c) | Price(s) and volume(s)
| Price (exercise): Nil Volume(s): 227,108
|
d) | Aggregated information - Aggregated volume - Price |
227,108 Nil |
e) | Date of the transaction | 13 December 2018 |
f) | Place of the transaction | Outside a trading venue |