Last checked at 23 Sep 2015 09:00
23 September 2015
TT Electronics plc
TT Electronics plc Sharesave Scheme
TT Electronics plc ("the Company") operates a Sharesave Scheme ("the Scheme") which is open to all employees in the UK subject to certain requirements. Participants can choose to save up to £500 a month over a three year period.
Pursuant to the Scheme, options were granted on 22 September 2015 at an option price of 131p per ordinary share of 25p each to the following Executive Directors and Persons Discharging Managerial Responsibility of the Company:
Mark Hoad
Richard Tyson
Each of these individuals is eligible to participate in the Scheme and, having capacity within the savings limit, has chosen to save £500 per month. They were each granted an option over 13,740 shares which will normally be exercisable between 1 November 2018 and 30 April 2019.
For further information please contact:
TT Electronics plc
Richard Tyson, Group Chief Executive: Tel: 01932 825300
MHP
John Olsen / Tim Rowntree / Jamie Ricketts: Tel: 020 3128 8100