Dillistone Group PLC Issue of Options (1054W)

TIDMDSG

RNS Number : 1054W

Dillistone Group PLC

10 November 2017

Dillistone Group Plc

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

Issue of Options

Dillistone Group Plc, the AIM quoted supplier of software to the recruitment industry, is pleased to announce the grant on 9 November 2017 of options over Ordinary Shares of 5p each in Dillistone (the "Options") to certain of its Directors and PDMRs.

Options were granted, with exercise subject to performance conditions, to three Directors and and two PDMRs under the Company's LTIP scheme at a price of 58p as detailed below.

In addition, and on the same day, 1 Director and two PDMRs were granted options under the HMRC approved Savings Related Share Option Scheme ("SRSO") at an option price of 52.2p as set out below.

 
                    Status         LTIP       SRSO         No.   Shareholding 
                                 option    Options     Options     in Company 
                                  grant    Granted        held 
                                 at 58p         at        post 
                                             52.2p      Grants 
-----------------  ----------  --------  ---------  ----------  ------------- 
 Julie Pomeroy      Director    170,000      6,896     341,657         63,733 
-----------------  ----------  --------  ---------  ----------  ------------- 
 Alex James         Director    170,000                330,830        112,744 
-----------------  ----------  --------  ---------  ----------  ------------- 
 Alistair 
  Milne             Director    170,000                332,286         59,109 
-----------------  ----------  --------  ---------  ----------  ------------- 
 Simon Warburton    PDMR         95,000      6,896     228,578         77,290 
-----------------  ----------  --------  ---------  ----------  ------------- 
 Paul Mather        PDMR         95,000    13,792*     204,873         32,177 
-----------------  ----------  --------  ---------  ----------  ------------- 
 Total                          700,000     27,584   1,438,224        345,053 
-----------------------------  --------  ---------  ----------  ------------- 
 

*Includes 6,896 options granted to Paul Mather's spouse.

Following these grants, the Company has 2,394,637 Ordinary Shares under option representing 12.18% of the current issued share capital of the Company.

Enquiries:

 
 Dillistone Group 
  Plc 
 Mike Love           Chairman                         020 7749 6100 
 Jason Starr         Chief Executive                  020 7749 6100 
 Julie Pomeroy       Finance Director                 020 7749 6100 
 
 WH Ireland Limited (Nominated 
  adviser) 
                     Head of Corporate 
 Chris Fielding       Finance                         020 7220 1650 
 
 Walbrook PR 
 Tom Cooper / 
  Paul Vann                                           0117 985 8989 
                                                      0797 122 1972 
                                          [e-mail] 
 

Notes to Editors:

Dillistone Group Plc (www.dillistonegroup.com) is a leader in the supply and support of software and services to the recruitment industry. It has five brands operating through three divisions: Dillistone Systems, which targets the executive search industry (www.dillistone.com); Voyager Software, which targets other recruitment markets (www.voyagersoftware.com); and GatedTalent, the next generation executive recruitment platform (www.GatedTalent.com).

Dillistone has made three acquisitions: Voyager Software in September 2011, FCP Internet in July 2013 and ISV Software in September 2014. The Group operates under the FileFinder, Infinity, Evolve, ISV and GatedTalent brands.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006. The Group employs over 100 people globally with offices in London (head office) Basingstoke and Southampton, Frankfurt, New Jersey and Sydney.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 10, 2017 02:00 ET (07:00 GMT)