Empresaria Group PLC Awards pursuant to the Company's LTIP (9128T)

TIDMEMR

RNS Number : 9128T

Empresaria Group PLC

25 March 2019

25 March 2019

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 today, 25 March 2019, the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's LTIP, to the following senior executives of the Company over an aggregate 911,578 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:

 
 Name               Position                     Number of Ordinary 
                                                  Shares under Award 
 Spencer Wreford    Chief Executive Officer      282,759 
                   ---------------------------  -------------------- 
 Rhona Driggs       Chief Operating Officer      261,233 
                   ---------------------------  -------------------- 
 Tim Anderson       Group Finance Director       205,000 
                   ---------------------------  -------------------- 
                    General Counsel & Company 
 James Chapman       Secretary                   162,586 
                   ---------------------------  -------------------- 
 

The Awards were made based on a share price of GBP0.725 per Ordinary Share, being the average quoted closing mid market price of the Company's Ordinary Share on the five trading days from 14 March 2019 to 20 March 2019. The LTIP's performance criteria are based on EPS, PBT 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 2022, following release of the Company's preliminary results for the financial period 1 January 2021 to 31 December 2021.

Enquiries:

 
Empresaria Group plc                            via Alma 
 Spencer Wreford, Chief Executive Officer 
 Tim Anderson, Group Finance Director 
Arden Partners (Nominated Adviser and Broker) 
 John Llewellyn-Lloyd / Ciaran Walsh            020 7614 5900 
Alma PR (Financial PR)                          020 3405 0205 
 Rebecca Sanders-Hewett                          [e-mail] 
 Sam Modlin 
 Hilary Buchanan 
 

Notes for editors:

-- Empresaria Group plc is an international specialist staffing group with 20 brands operating in 21 countries across the globe being the UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia, Vietnam, Austria, Hong Kong, Mexico, Philippines and Peru.

-- 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 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. Spencer Wreford 
                                        B. B. Rhona Driggs 
                                        C. C. Tim Anderson 
                                        D. D. James Chapman 
 2    Reason for the notification 
 a)   Position/status                  A. A. Chief Executive Officer 
                                        B. B. Chief Operating Officer 
                                        C. C. Group Finance Director 
                                        D. D. General Counsel & 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 financial      Grant of share options to acquire Empresaria 
       instrument, type of instrument    Group plc 5p ordinary 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 2018 Long Term 
                                         Incentive Plan 
 c)   Price(s) and volume(s)            Price (exercise): Nil 
                                         Volume(s): 
                                         A. A. 282,759 
                                         B. B. 261,233 
                                         C. C. 205,000 
                                         D. D. 162,586 
 d)   Aggregated information 
       - Aggregated volume                911,578 
       - Price                            Nil 
 e)   Date of the transaction           25 March 2019 
 f)   Place of the transaction          Outside a trading venue 
 

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March 25, 2019 09:43 ET (13:43 GMT)