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Grant of Share Options

9 Jun 2015 07:00

RNS Number : 5808P
Progility PLC
09 June 2015
 

Embargoed - 07.00a.m. 09 June 2015

Progility plc

Grant of Share Options

 

09 June 2015

 

 

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 2,750,000 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 a grant of 1,000,000 options to Hugh Cawley, Finance Director. The options granted to Mr Cawley, 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 grant of these options the aggregate interests of Mr Cawley in the share capital of the Company will be as follows:

Ordinary Shares of 10p each

Options

Hugh Cawley

200,000

1,000,000

 

 

For further information, please contact:

Progility plc

Wayne Bos, Executive Chairman

020 7371 4444

Hugh Cawley, 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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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