Empresaria Group PLC Vesting of Awards pursuant to the Company's LTIP (4455K)
December 13 2018 - 10:48AM
UK Regulatory
TIDMEMR
RNS Number : 4455K
Empresaria Group PLC
13 December 2018
13 December 2018
Empresaria Group plc ("Empresaria" or the "Company")
Awards pursuant to the Company's Long Term Incentive Plan
("LTIP")
Empresaria, the international specialist staffing group,
announces that on 13 December 2018 the Remuneration Committee of
the Company granted awards in the form of nil cost share options
("Awards"), pursuant to the Company's LTIP, to the following senior
executive of the Company over 227,108 ordinary shares of 5 pence
each in the Company ("Ordinary Shares"), as follows:
Name Position Number of Ordinary Shares
under Award
Rhona Driggs Chief Operating Officer 227,108
------------------------- --------------------------
The Awards, made on the same terms as those announced on 28
August 2018, are based on a share price of GBP0.86 per Ordinary
Share, being the average quoted closing mid market price of the
Company's Ordinary Share on the five trading days from 15 March
2018 to 21 March 2018. The LTIP's performance criteria are based on
EPS and share price performance.
Vesting of the Awards is subject to the achievement of the
performance criteria of the LTIP over the holding period to March
2021, following release of the Company's preliminary results for
the financial period 1 January 2020 to 31 December 2020.
Enquiries:
Empresaria Group plc via Alma PR
Spencer Wreford, Chief Executive Officer
Tim Anderson, Group Finance Director
Arden Partners (Nominated Adviser and
Broker)
John Llewellyn-Lloyd / Ciaran Walsh 020 7614 5900
Alma PR (Financial PR) 020 8004 4217
Rebecca Sanders-Hewett / Sam Modlin empresaria@almapr.com
/ Susie Hudson
Notes for editors:
-- Empresaria Group plc is an international specialist staffing
group with 19 brands operating in 21 countries across the globe
including the UK, Germany, Japan, India, UAE, Indonesia, Chile,
Australia, Thailand, Singapore, Finland, USA, New Zealand, China,
Malaysia, Vietnam, the Philippines and Peru.
-- Empresaria offers temporary/contract and permanent staffing
solutions as well as Offshore Recruitment Services in seven key
sectors: Technical & Industrial, Aviation services, IT &
Design, Professional services, Healthcare, Executive search and
Retail.
-- Empresaria applies a multi brand, management equity
philosophy and business model, with group company management teams
holding significant equity in their own business.
-- Empresaria is listed on AIM under ticker EMR. For more
information: empresaria.com
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name A. Rhona Driggs
2 Reason for the notification
a) Position/status A. Chief Operating Officer
b) Initial notification Initial notification
/Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Empresaria Group plc
b) LEI 213800B2HE4EMMM7B313
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted
a) Description of the financial Grant of share options to acquire Empresaria
instrument, type of instrument Group plc 5p ordinary shares
Identification code ISIN for Empresaria Group plc 5p ordinary
shares: GB00B0358N07
b) Nature of the transaction Grant of nil cost share options under
the Empresaria Group plc 2018 Long Term
Incentive Plan
c) Price(s) and volume(s) Price (exercise): Nil
Volume(s): 227,108
d) Aggregated information
- Aggregated volume 227,108
- Price Nil
e) Date of the transaction 13 December 2018
f) Place of the transaction Outside a trading venue
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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