2 Oct 2015 07:00
For immediate release 2 October 2015
Redhall Group plc
("Redhall" or the "Company")
Directors' Shareholdings and Option Grant
As set out in the circular posted to shareholders on 11 September 2015 (the "Circular"), certain of the Directors have subscribed for new ordinary shares of 0.01 pence each in Redhall ("Ordinary Shares") at the placing price of 5p per share. In addition, as set out in the Circular, the Board has approved the grant of awards to certain Directors under the Long Term Incentive Plan. The resultant holdings of the Directors are as follows:
No. of Ordinary Shares | % of Ordinary Share capital | No. of LTIP awards | No. of options | |
Martyn Everett | 600,000 | 0.3% | 6,113,793 | - |
Phil Brierley | 830,000 | 0.4% | 10,189,853 | 150,000 |
Chris Kelly | 600,000 | 0.3% | 7,336,790 | - |
Phillip Hilling | 250,891 | 0.1% | - | - |
The awards under the Long Term Incentive Plan remain subject to the satisfaction of performance conditions as set out in the Circular.
Contact details:
Redhall Group plc Tel: +44 (0) 1924 385 386 Phil Brierley, Chief Executive Chris Kelly, Group Finance Director
WH Ireland, Broker Tel: +44 (0) 20 7220 1666 Adrian Hadden, Liam Gribben
Buchanan Tel: +44 (0) 20 7466 5000 Mark Court, Sophie Cowles, Jane Glover
Altium, NOMAD and Financial Advisors Tel: +44 (0) 845 505 4343 Phil Adams, Simon Lord, Paul Lines
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RHL.L (RHL)