TIDMHYDG

RNS Number : 2059H

Hydrogen Group PLC

06 June 2017

Hydrogen Group Plc

("Hydrogen" or the "Company")

Grant of options and Director/PDMR shareholding

Hydrogen Group Plc (AIM: HYDG), a global specialist recruitment business, announces that 1.66 million options have been granted to certain directors and PDMRs at an exercise price at 34 pence in relation to its Leadership Share Scheme. The terms and split of the options is as follows:

 
 Director/PDMR     Date of grant   Number of options 
 Ian Temple           01/06/2017             500,000 
 John Hunter          02/06/2017             500,000 
 Lee Chant            01/06/2017             330,000 
 Amber Hayat          01/06/2017             330,000

The options vest in four tranches over a period spanning from May 2018 to May 2021 and have performance criteria relating to earning per share with a target range of 4.05p to 13.67p dependant on the vesting date. The options expire on 2 June 2027.

Ian Temple and John Hunter are currently interested in 4,048,726 and 1,646,872 ordinary shares respectively, Ian Temple also has options over 24,000 ordinary shares. Lee Chant and Amber Hayat, prior to the above grant, currently hold options over 330,000 and 100,000 ordinary shares respectively.

 
 For further information please 
  contact: 
                                      Tel: 020 7090 1630 
  Hydrogen Group plc 
  Ian Temple, CEO 
 Shore Capital (Nomad and Broker)   Tel: 020 7408 4090 
  Bidhi Bhoma, Edward Mansfield 
  and James Wolfe

For more information, visit www.hydrogengroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 06, 2017 02:01 ET (06:01 GMT)

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