12 Apr 2013 15:47
Robinson plc
("Robinson" or the "Company")
12 April 2013
Exercise of options and director's dealings.
The Company announces that options for 250,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares") pursuant to the 2004 Enterprise Management Incentive Plan ("Options") have today been exercised by Guy Robinson, a director of the Company, at an exercise price of 43 pence each. The Options were granted on 31 March 2010 and the issue has been satisfied out of Treasury Stock.
To fund this acquisition, Guy Robinson has sold today 60,000 Ordinary Shares at £1.41 per share.
Capital Structure and Shareholdings
As a consequence of the above disclosures, the Company will have the following capital structure:
Before these transactions | After these transactions | ||
Share Capital | |||
Ordinary Shares in issue | 17,687,223 | 17,687,223 | |
of which held in: Treasury | 1,743,722 | 1,493,722 | |
Ordinary Shares with voting rights | 15,943,501 | 16,193,501 | |
Shareholdings | |||
Ordinary shares held by Guy Robinson | 699,500 | 889,500 | |
Percentage holding of voting shares | 4.4% | 5.5% | |
The figure of 16,193,501 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in (or a change to their interest) in the Company.
For more information please contact:
Robinson plc | |
Guy Robinson, Finance Director | Tel: 01246 389283 |
www.robinsonpackaging.com | |
WH Ireland | |
Katy Mitchell | Tel: 0161 832 2174 |
Note for Editors:
Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire) and Lodz (Poland), Robinson currently employs around 225 people. It was formerly a family business, with its origins dating back some 175 years. Today the Group's main activity is the manufacture and sale of injection moulded plastic packaging. Robinson operates primarily within the food, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as Proctor & Gamble, Nestle, Kraft, United Biscuits, Northern Foods, Masterfoods, Bakkavor, Unilever, Avon, Boots and Dr Oetker. The Group also has a substantial property portfolio with development potential.
Robinson (RBN)