11 Dec 2017 13:06
11 December 2017
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Richoux Group plc(the "Company")
Grant of Options
The Company announces that, on 11 December 2017, it granted options over 300,000 ordinary shares of 4 pence each in the capital of the Company ("Options") to Salvatore Diliberto, Non-Executive Director, pursuant to the Company's Unapproved Share Option Scheme 2014. Salvatore Diliberto now holds Options over 1,300,000 ordinary shares.
The Options are exercisable at a price of 14 pence per share, being the closing price on 8 December 2017; and vest between 3 and 10 years from the date of grant.
Following the above grant, the Company has a total of 5,354,003 ordinary shares under option, representing approximately 4.3 per cent of the Company's issued share capital.
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ENQUIRIES:
Richoux Group plc
Susan Ludley (020) 7483 7000
Cenkos Securities plc
Bobbie Hilliam (020) 7397 8900
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The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | Salvatore Diliberto | |
2 | Reason for the notification | ||
a) | Position/Status: Â | Non-Executive Director | |
b) | Initial Notification/Amendment: Â | Initial Notification | |
3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | Richoux Group plc | |
b) | LEI: | 2138001QX7TELHBM9E27 | |
4. | Details of 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: Identification code: | Options over ordinary shares of 4 pence each in the capital of the Company ISIN: GB00B0NYFG99 | |
b) | Nature of the transaction: | Grant of Options | |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
- | 300,000 | ||
d) | Aggregated volume: Price: | N/A - single transaction | |
e) | Date of the Transaction: | 11 December 2017 | |
f) | Place of the Transaction: | Outside a trading venue |
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