RTC Group PLC Exercise of Options (9794S)

TIDMRTC

RNS Number : 9794S

RTC Group PLC

09 November 2023

9 November 2023

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

RTC Group Plc

(or the "Company" or "the Group")

Exercise of Options

The Company has received a request to exercise options over 150,000 ordinary shares of 1p each in the Company (the "Request").143,412 shares held by the Company's Employee Benefit Trust ("EBT") will be used to part satisfy the Request. The remaining 6,588 shares will be satisfied by the allotment of new ordinary shares issued under the Company's allotment authorities.

An application will be made to the London Stock Exchange for the balance of the 6,588 New Ordinary Shares (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission").

Admission is expected to occur at 8.00am on 15 November 2023.

The options, the subject of the Request, had an exercise price of 25.5 pence per share.

Following completion of this transaction, the Company's EBT will no longer hold shares in the Company.

Admission of shares and total voting rights

Following Admission, the total issued share capital of the Company will consist of 14,650,295 ordinary shares. As each ordinary share carries the right to one vote, the total number of voting rights in the Company will be 14,650,295. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Ends

Enquiries:

 
  RTC Group plc                                             Tel: 0133 
   Andy Pendlebury, Executive Chairman and Chief             286 1835 
   Executive 
   www.rtcgroupplc.co.uk 
  SPARK Advisory Partners Limited (Nominated Adviser)   Tel: [phone] 
   Matt Davis / Mark Brady                               3550 
   www.Sparkadvisorypartners.com 
   SI Capital Limited (Broker)                           Tel: 01483 
    Nick Emerson                                          413500 
    Sam Lomanto 
    www.sicapital.co.uk 
 

About RTC

RTC Group Plc is an AIM listed recruitment business that focuses on white and blue-collar recruitment, providing temporary and permanent labour to a broad range of industries and customers in both domestic and international markets through its geographically defined operating divisions.

UK division

Through its Ganymede and ATA Recruitment brands the Group provides a wide range of recruitment services in the UK.

Ganymede specialise in recruiting the best technical and engineering talent and providing complete workforce solutions to help build and maintain infrastructure and transportation for a wide range of UK and international clients. Ganymede is a market leader in providing a diverse range of people solutions to the rail, energy, construction, highways and transportation sectors. With offices strategically located across the country, Ganymede provides its clients with the benefit of a national network of skilled personnel combined with local expertise.

ATA Recruitment provide high-quality technical recruitment solutions to the manufacturing, engineering and technology sectors. Working as an engineering recruitment partner supporting businesses across the UK and Europe, ATA Recruitment has a strong track record of attracting and recruiting the best engineering talent for our clients. ATA's regional offices which are strategically located in Leicester and Leeds each have dedicated market-experts to ensure ATA delivers excellence to both our clients and candidates.

International division

Through its GSS brand the Group works with customers across the globe that are focused on delivering projects in a variety of engineering sectors. GSS has a track record of delivery in some of the world's most hostile locations. Working closely with its customers GSS provides contract and permanent staffing solutions on an international basis, providing key personnel into new projects and supporting ongoing large-scale project staffing needs. GSS typically recruit across a range of disciplines and skills from operators and supervisors, through to senior management level.

The Group headquarters are located at the Derby Conference Centre which also provides office accommodation for its operating divisions in addition to generating rental and conferencing income from space not utilised by the Group.

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November 09, 2023 07:26 ET (12:26 GMT)