24 Oct 2014 11:30
Progility plc
("Progility" or "the Group")
Grant of Share Options
Progility plc (AIM: PGY), the project management services group, is pleased to announce that its Remuneration Committee has authorised the grant of options over an aggregate of 1,850,000 Ordinary Shares at an exercise price of 10p per Ordinary Share pursuant to the Progility plc 2013 Unapproved Share Option Scheme.
This aggregate figure includes grants of 200,000 options to each of John McIntosh, Finance Director, and Donald Stewart, General Counsel. The options granted to the Directors, effective today, can be exercised in equal amounts 12, 24 and 36 months after the date of grant and will expire after five years.
Following the grants of these options the aggregate interests of these directors in the share capital of the Company will be as follows:
Ordinary Shares of 10p each | Options | |
John McIntosh | 120,000 | 700,000 |
Donald Stewart | 430,547 | 700,000 |
For further information, please contact: | |
Progility plc | |
Wayne Bos, Executive Chairman | 020 7371 4444 |
John McIntosh, Finance Director | |
SPARK Advisory Partners Limited (Nominated Advisor) | |
Mark Brady | 020 3368 3551 |
Sean Wyndham-Quin | 020 3368 3555 |
W H Ireland Limited (Broker) | |
Adrian Hadden/Mark Leonard | 020 7220 1666 |
Novella Communications Tim Robertson/Ben Heath |
020 3151 7008 |