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2 Nov 2012 07:00
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2 November 2012 |
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Sagentia Group plc
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("Sagentia")
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Grant of Share Options
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Sagentia Group plc (AIM:SAG) announces that on 1 November 2012 the Company granted various options over ordinary shares in its share capital to employees of the Company.
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Options have been granted over a total of 1,500,000 ordinary shares; 549,273 under the Approved Scheme and 950,727 under the Unapproved Scheme.
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Each of these options vest after three years from the date of issue and are exercisable at 86 pence per share for a period of seven years from vesting, provided that the Company's share price has reached at least 129 pence per share for a period of 20 consecutive trading days.
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No options were granted to Directors and the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.
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- Ends -
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For further information:
Sagentia Group plc | |
Martyn Ratcliffe, Executive Chairman | Tel: +44 (0) 1223 875 200 |
Neil Elton, Finance Director | www.sagentia.com |
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Numis Securities Limited | |
Nominated Adviser: Oliver Cardigan / Simon Willis Corporate Broking: James Serjeant | Tel: +44 (0) 20 7260 1000 |
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Media enquiries:
Abchurch | |
Henry Harrison-Topham / Jamie Hooper | Tel: +44 (0) 20 7398 7702 |
henry.ht@abchurch-group.com | www.abchurch-group.com |
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