Last checked at 27 Aug 2014 14:24
Redcentric plc
Issue of director's share options
Redcentric plc (AIM: RCN), today announces that it has granted options over 1,100,000 ordinary shares of 0.1p each to Tim Coleman, Chief Financial Officer. The options have an exercise price of 112p and are subject to performance conditions. The vesting schedule for the options is 25% after one year, 25% after two years with the remaining 50% after three years. The options expire after ten years. Tim Coleman currently holds no shares in Redcentric plc.
Enquiries:
Redcentric plc
Tony Weaver, Chief Executive
Tim Coleman, Chief Financial Officer
Tel. +44 (0)845 034 1111
N+1 Singer - Nomad & Joint Broker
Tel: +44 (0)20 7496 3000
Jonny Franklin-Adams / Ben Wright
finnCap - Joint Broker
Tel: +44 (0)20 7220 0500
Charlotte Stranner / Stuart Andrews
MXC Capital Advisory LLP - Corporate Finance Adviser
Marc Young
Tel. +44 (0)20 7965 8149
Newgate Threadneedle - Financial PR
Josh Royston / Hilary Millar
Tel. +44 (0)20 7653 9850