Epwin Group PLC Grant of Options under SAYE Scheme (8322C)
October 22 2020 - 1:00AM
UK Regulatory
TIDMEPWN
RNS Number : 8322C
Epwin Group PLC
22 October 2020
22 October 2020
Epwin Group Plc
Grant of Options under SAYE Scheme
Director/PDMR shareholding
Epwin Group Plc (AIM: EPWN) ("Epwin" or the "Group"), the
leading 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 21
October 2020, 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 54.0 pence, representing a 20%
discount to the closing middle market price of the Ordinary Shares
on 1 October 2020, the dealing day before the invitation to
participate was made ("SAYE Options"). The SAYE Options have a
contract start date of 1 January 2021 and are exercisable between 1
January 2024 and 30 June 2024.
A total of 257 employees elected to participate, and pursuant to
these elections a total of 2,437,632 SAYE Options have been issued,
equating to 1.71% of the current issued share capital. Chris Empson
and Shaun Hanrahan, both directors of the Company, have each
elected to subscribe for 33,333 SAYE Options, which are included in
the total figures above.
Contact information
Epwin Group Plc
Jon Bednall, Chief Executive
Chris Empson, Group Finance Director 0203 128 8572
Shore Capital (Nominated Adviser and
Joint Broker)
Corporate Advisory
Edward Mansfield / Daniel Bush / Hugo 0207 408 4090
Masefield
Corporate Broking
Fiona Conroy
Zeus Capital Limited (Joint Broker)
John Gould / Dominic King 0203 829 5000
MHP Communications
Reg Hoare / Charlie Barker / Florence
Mayo 0203 128 8572
About Epwin
Epwin is the leading manufacturer of low maintenance building
products with significant market shares, supplying the Repair,
Maintenance and Improvement ("RMI"), new build and social housing
sectors.
The Company is incorporated, domiciled and operates principally
in the United Kingdom.
Information for investors can be accessed
www.epwin.co.uk/investors/
Notifications 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 Chris Empson
--------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Group Finance Director
--------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Epwin Group plc
--------------------------- --------------------------------------------
b) LEI 213800HMK424E12BI432
--------------------------- --------------------------------------------
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 Options over ordinary shares of 0.05 pence
financial instrument, each
type of instrument
ISIN: GB00BNGY4Y86
Identification code
--------------------------- --------------------------------------------
b) Nature of the transaction Subscription for options
--------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 33,333
----------
--------------------------- --------------------------------------------
d) Aggregated information
- Aggregated volume
33,333 options
- Price
N/A
--------------------------- --------------------------------------------
e) Date of the transaction 21 October 2020
--------------------------- --------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Shaun Hanrahan
--------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Executive Director
--------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Epwin Group plc
--------------------------- --------------------------------------------
b) LEI 213800HMK424E12BI432
--------------------------- --------------------------------------------
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 Options over ordinary shares of 0.05 pence
financial instrument, each
type of instrument
ISIN: GB00BNGY4Y86
Identification code
--------------------------- --------------------------------------------
b) Nature of the transaction Subscription for options
--------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 33,333
----------
--------------------------- --------------------------------------------
d) Aggregated information
- Aggregated volume
33,333 options
- Price
N/A
--------------------------- --------------------------------------------
e) Date of the transaction 21 October 2020
--------------------------- --------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------- --------------------------------------------
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END
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