Epwin Group PLC Grant of Options under SAYE Scheme (4978W)
November 15 2017 - 1:00AM
UK Regulatory
TIDMEPWN
RNS Number : 4978W
Epwin Group PLC
15 November 2017
Epwin Group Plc
("Epwin" or the "Company")
Grant of Options under SAYE Scheme
Epwin Group Plc (AIM: EPWIN) ("Epwin" or the "Group"), the
vertically integrated manufacturer of low maintenance building
products, supplying the Repair, Maintenance and Improvement
("RMI"), new build and social housing sectors is pleased to
announce that, on 14 November 2017, it made a further grant of
options under its Save As You Earn ("SAYE") share scheme, which is
available for all employees.
Eligible employees were invited to subscribe for options over
the Company's Ordinary Shares of 0.05 pence each ('Ordinary
Shares') at an exercise price of 64.0 pence, representing a 20%
discount to the closing middle market price of the Ordinary Shares
on 24 October 2017, the dealing day before the invitation to
participate was made. The options have a contract start date of 1
January 2018 and are exercisable between 1 January 2021 and 30 June
2021.
A total of 170 employees elected to participate, and pursuant to
these elections a total of 1,608,545 options over Ordinary Shares
have been issued, equating to 1.13% of the current issued share
capital.
Contact Information
Epwin Group Plc 0203 128 8100
Jon Bednall, Chief Executive
Chris Empson, Group Finance Director
Zeus Capital Limited (Nomad and Joint Broker)
Nick Cowles / Jamie Peel 0161 831 1512
Dominic King / John Goold 0203 829 5000
Panmure Gordon (UK) Limited (Joint Broker)
Erik Anderson / Andrew Potts 0207 886 2500
MHP Communications
Reg Hoare / Charlie Barker 0203 128 8100
Note to Editors
Epwin is a vertically integrated manufacturer of low maintenance
building products, supplying the RMI, new build and social housing
sectors.
The Company is incorporated and domiciled in the United Kingdom.
It operates principally in the United Kingdom.
www.epwin.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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