RA International Group PLC Issuance of Share Options and Restricted Shares (6226C)
October 20 2020 - 1:00AM
UK Regulatory
TIDMRAI
RNS Number : 6226C
RA International Group PLC
20 October 2020
RA INTERNATIONAL GROUP PLC
("RA International" or the "Company")
Issuance of Share Options and Restricted Shares
RA International Group PLC (AIM: RAI), a specialist provider of
support services to many of the world's largest Humanitarian,
Governmental and Commercial organisations, has issued a total of
1,843,047 share options (the "Options") over ordinary shares of 10p
each (the "Ordinary Shares") to certain employees of the Company.
The Options will vest in stages over the next three years, with the
first tranche vesting on 1st May 2021.
The Company has also agreed to issue a total of 1,840,449
restricted Ordinary Shares (the "Restricted Shares") to senior
members of staff, including certain persons discharging managerial
responsibilities, as detailed below. The Restricted Shares will be
subject to a six month lock-in from the date of issue, during which
they cannot be sold or transferred.
Ordinary Shares issued pursuant to the award of the Restricted
Shares will be satisfied from the pool of Ordinary Shares currently
held in treasury. It is intended that Ordinary Shares issued
pursuant to the exercise of the Options will also be satisfied from
the pool of Ordinary Shares held in treasury.
Following the issue of the Restricted Shares, the total number
of Ordinary Shares in issue and admitted to trading on AIM will
remain at 173,575,741, comprising 2,027,551 Ordinary Shares held in
treasury and 171,548,190 Ordinary Shares with voting rights. The
figure of 171,548,190 Ordinary Shares should be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
Enquiries:
RA International Group PLC Via Bamburgh
Soraya Narfeldt, Chief Executive Officer Capital
Lars Narfeldt, Chief Operating Officer
Andrew Bolter, Chief Financial Officer
Cenkos Securities PLC (Nominated Adviser
and Broker)
Derrick Lee +44 (0)131 220
Peter Lynch 6939
Bamburgh Capital Limited (Financial PR & +44 (0)191 249
Investor Relations) 7442
Murdo Montgomery investors@raints.com
1 Details of the person discharging
managerial responsibilities/person
closely associated
a) Name Andrew Bolter
------------------------------------ ----------------------------
2 Reason for notification
------------------------------------ ----------------------------
a) Position/Status Chief Financial Officer and
PDMR
------------------------------------ ----------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------ ----------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
------------------------------------ ----------------------------
a) Name RA International Group plc
------------------------------------ ----------------------------
b) LEI 213800N6RTATELJU6797
------------------------------------ ----------------------------
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 Ordinary Shares of 10 pence
instrument, type of instrument each
Identification code RAI
------------------------------------ ----------------------------
b) Nature of the transaction Award of Restricted Shares
------------------------------------ ----------------------------
c) Price(s) and volume(s) Price Volume
Nil 512,061
--------
------------------------------------ ----------------------------
d) Aggregated information
* Aggregated volume 512,061 Ordinary Shares
Nil
* Price
------------------------------------ ----------------------------
e) Date of the transactions 19 October 2020
------------------------------------ ----------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------ ----------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
a) Name William Warnock
------------------------------------ ------------------------------------
2 Reason for notification
------------------------------------ ------------------------------------
a) Position/Status Director of US Business Development
and PDMR
------------------------------------ ------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------ ------------------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
------------------------------------ ------------------------------------
a) Name RA International Group plc
------------------------------------ ------------------------------------
b) LEI 213800N6RTATELJU6797
------------------------------------ ------------------------------------
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 Ordinary Shares of 10 pence
instrument, type of instrument each
Identification code RAI
------------------------------------ ------------------------------------
b) Nature of the transaction Award of Restricted Shares
------------------------------------ ------------------------------------
c) Price(s) and volume(s) Price Volume
Nil 816,327
--------
------------------------------------ ------------------------------------
d) Aggregated information
* Aggregated volume 816,327 Ordinary Shares
Nil
* Price
------------------------------------ ------------------------------------
e) Date of the transactions 19 October 2020
------------------------------------ ------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------ ------------------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
a) Name Trevor Stratford
------------------------------------ ------------------------------
2 Reason for notification
------------------------------------ ------------------------------
a) Position/Status Business Development Director
and PDMR
------------------------------------ ------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------ ------------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
------------------------------------ ------------------------------
a) Name RA International Group plc
------------------------------------ ------------------------------
b) LEI 213800N6RTATELJU6797
------------------------------------ ------------------------------
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 Ordinary Shares of 10 pence
instrument, type of instrument each
Identification code RAI
------------------------------------ ------------------------------
b) Nature of the transaction Award of Restricted Shares
------------------------------------ ------------------------------
c) Price(s) and volume(s) Price Volume
Nil 512,061
--------
------------------------------------ ------------------------------
d) Aggregated information
* Aggregated volume 512,061 Ordinary Shares
Nil
* Price
------------------------------------ ------------------------------
e) Date of the transactions 19 October 2020
------------------------------------ ------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------ ------------------------------
About RA International
RA International is a leading provider of services to remote
locations in Africa and the Middle East. The Company offers its
services through three channels: construction, integrated
facilities management and supply chain, and services three main
client groups: humanitarian and aid agencies, governments and
commercial customers, predominantly in the oil and gas and mining
sectors. It has a strong customer base, largely comprising UN
agencies, western governments and global corporations.
The Company provides comprehensive, flexible, mission critical
support to its clients enabling them to focus on the delivery of
their respective businesses and services. Focusing on integrity and
values alongside making on-going investment in its people,
locations and operations has over time created a reliable and
trusted brand within its sector.
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