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LTIP and Share option awards

1 Oct 2015 13:12

RNS Number : 9450A
32Red Plc
01 October 2015
 

32Red Plc

("32Red" or "the Company")

Director dealings

LTIP and Share option awards

Award under the LTIP schemeOn 29 September 2015, the Company granted the award of 1,078,051 shares at nil cost under the Company's approved LTIP Scheme, equivalent to 1.29% of the Company's issued share capital. The following directors were included under the award:-

 Director

Share awardunder LTIP

Edward Ware

336,022

Jonathan Hale

173,913

Patrick Harrison

173,913

Matthew Booth

300,000

Award under the ESOP schemeIn addition, on the same date, the Company granted 1,210,000 share options over Ordinary Shares under the Company's approved ESOP Scheme, equivalent to 1.45% of the Company's issued share capital. The strike price of these options is 73.375p per share and no directors were included in the award.

The Company now has a total of 3,983,923 awards outstanding under the LTIP scheme, representing 4.76% of the issued Ordinary Share Capital and a further 3,543,601 share options in existence issued under the rules of the ESOP Scheme, representing 4.23% of the issued share capital. In total, the maximum number of potentially dilutive shares issued under the LTIP and ESOP schemes totals 7,527,524 representing 9.00% of total issued share capital.

30 September 2015

Enquiries:

32Red Plc

Tel: +00 350 200 49396

Ed Ware, CEO

 

Jon Hale, CFO

 

 

 

Numis Securities Limited

Tel: +44 (0) 20 7260 1000

Michael Meade (Nominated Adviser) 

 

Chris Wilkinson (Corporate Broking)

 

Michael Burke (Corporate Broking)

 

 

 

Hudson Sandler

Tel: +44 (0) 207 796 4133

Alex Brennan

32Red@hudsonsandler.com

Andrew Hayes

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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