8 Apr 2014 12:44
For immediate release
600 Group Plc ("Company")
Grant of Options
The 600 Group PLC ("the Group" or "the Company"), the machine tools and laser marking company, announces that on 7 April 2014 options were awarded over 5,400,000 ordinary shares of 1p each in the Company (the "Options"), pursuant to the terms of the Company's 2011 Deferred Share Plan.
These awards were allocated as follows:
Nigel Rogers (Chief Executive) 2,000,000 options
Neil Carrick (Group Finance Director) 1,400,000 options
Paul Dupee (Chairman) 1,000,000 options
Derek Zissman (Non-executive Director) 500,000 options
Stephen Rutherford (Non-executive Director) 500,000 options
Subject to the terms and conditions of the scheme, the Options will vest after 3 years. The Options have an exercise price of 17p per share, being the closing mid market price on 7 April 2014.
Enquiries:
The 600 Group PLC | 01924 415 000 |
Nigel Rogers, Chief Executive | |
Neil Carrick, Finance Director | |
Cadogan PR Limited | 0207 4995002 |
Alex Walters | 07771713608 |
FinnCap |
020 7220 0500 |
Julian Blunt / Ben Thompson (corporate finance) | |
Tony Quirke / Victoria Bates (sales & broking) |