Empresaria Group PLC Awards pursuant to the Company's LTIP (5731Z)

TIDMEMR

RNS Number : 5731Z

Empresaria Group PLC

15 March 2017

15 March 2017

Empresaria Group plc

("Empresaria" or the "Company")

Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")

Empresaria, the international specialist staffing group, announces that on 15 March 2017 the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's LTIP approved by shareholders on 10 July 2008, to the following senior executives of the Company over 363,178 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:

 
 Name               Position                  Number of Ordinary 
                                               Shares under Award 
-----------------  ------------------------  -------------------- 
                    Chief Executive 
 Joost Kreulen       Officer                  192,368 
-----------------  ------------------------  -------------------- 
 Spencer Wreford    Group Finance Director    151,686 
-----------------  ------------------------  -------------------- 
                    Head of Legal & 
 James Chapman       Company Secretary        19,124 
-----------------  ------------------------  -------------------- 
 

The Awards were made based on a share price of GBP1.438 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 2 March 2017 to 8 March 2017. The LTIP's performance criteria are based on EPS and share price performance.

Vesting of the Awards is subject to the achievement of the performance criteria of the LTIP over the holding period to March 2020, following release of the Company's preliminary results for the financial period 1 January 2019 to 31 December 2019.

Enquiries:

 
 Empresaria Group plc                 via Redleaf 
  Joost Kreulen, Chief Executive 
  Officer 
  Spencer Wreford, Group Finance 
  Director 
 Arden Partners (Nominated Adviser 
  and Broker) 
  John Llewellyn-Lloyd / Steve 
  Douglas / Ciaran Walsh              020 7614 5900 
 Redleaf Communications (Financial    020 7382 4730 
  PR)                                  [e-mail] 
  Rebecca Sanders Hewett / Sam 
  Modlin 
 

Notes for editors:

-- Empresaria Group plc is an international specialist staffing group with 21 brands operating in 19 countries across the globe including the UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia and the Philippines.

-- Empresaria offers temporary/contract and permanent staffing solutions as well as Offshore Recruitment Services in seven key sectors: Technical & Industrial, Aviation Services, IT & Design, Professional Services, Healthcare, Executive search and Retail.

-- Empresaria applies a multi brand, management equity philosophy and business model, with Empresaria group company management teams holding significant equity in their own business.

-- Empresaria is listed on AIM under ticker EMR. For more information: empresaria.com

NOTIFICATION 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                       A. A. Joost Kreulen 
                                  B. B. Spencer Wreford 
                                  C. C. James Chapman 
---  --------------------------  ---------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            A. A. Chief Executive Officer 
                                  B. B. Group Finance Director 
                                  C. C. Head of Legal & Company 
                                  Secretary 
---  --------------------------  ---------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                        Empresaria Group plc 
---  --------------------------  ---------------------------------- 
 b)   LEI                         213800B2HE4EMMM7B313 
---  --------------------------  ---------------------------------- 
 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          Grant of share options to acquire 
       financial instrument,       Empresaria Group plc 5p ordinary 
       type of instrument          shares 
       Identification code         ISIN for Empresaria Group plc 
                                   5p ordinary shares: GB00B0358N07 
---  --------------------------  ---------------------------------- 
 b)   Nature of the transaction   Grant of nil cost share options 
                                   under the Empresaria Group plc 
                                   2008 Long Term Incentive Plan 
---  --------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)      Price (exercise): Nil 
                                   Volume(s): 
                                   A. A. 192,368 
                                   B. B. 151,686 
                                   C. C. 19,124 
---  --------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          363,178 
       - Price                      Nil 
---  --------------------------  ---------------------------------- 
 e)   Date of the transaction     15 March 2017 
---  --------------------------  ---------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ---------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCZMGMFFKGGNZM

(END) Dow Jones Newswires

March 15, 2017 09:22 ET (13:22 GMT)