Utilitywise plc Grant of Options (9321R)

TIDMUTW

RNS Number : 9321R

Utilitywise plc

02 July 2015

Utilitywise plc

("Utilitywise", the "Company" or the "Group")

Grant of Options

Utilitywise plc (AIM:UTW), a leading independent utility cost management consultancy, announces that on 1 July 2015 Jon Kempster, Chief Financial Officer, was awarded options over 350,000 ordinary shares of 0.1 pence each in the Company (the "Options"), pursuant to the terms of the Company's Long Term Incentive Plan ('LTIP') share option scheme, at an exercise price of 268 pence per share, being the closing share price on 30 June 2015. The Options vest after three years, and are exercisable for a further period of seven years.

-Ends-

Further information:

 
 Utilitywise plc                0870 626 0559 
 Geoff Thompson, CEO 
 Andrew Richardson, Deputy 
  CEO 
  Jon Kempster, CFO 
 
 finnCap (NOMAD and joint 
  broker)                       020 7220 0500 
 Matt Goode / Grant Bergman 
  (Corporate Finance) 
 Simon Johnson (Corporate 
  Broking) 
 
 Liberum (joint broker)         020 3100 2000 
 Robert Morton 
 Steve Pearce 
 
 Redleaf PR                     020 7382 4730 
 Rebecca Sanders-Hewett / 
  Richard Gotla / David Ison 
 

About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in North Tyneside. The Group has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from high street shops to multinationals with thousands of sites and cover the whole of the UK. In total, Utilitywise has over c23,000 customers.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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