Share Name Share Symbol Market Type Share ISIN Share Description
Epwin Grp LSE:EPWN London Ordinary Share GB00BNGY4Y86 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.90p +2.23% 86.95p 86.00p 87.90p 88.00p 85.40p 88.00p 40,664 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 293.2 23.0 13.9 6.3 124.27

Epwin Group PLC Grant of Options under SAYE Scheme

15/11/2017 7:00am

UK Regulatory (RNS & others)

Epwin Grp (LSE:EPWN)
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RNS Number : 4978W

Epwin Group PLC

15 November 2017

Epwin Group Plc

("Epwin" or the "Company")

Grant of Options under SAYE Scheme

Epwin Group Plc (AIM: EPWIN) ("Epwin" or the "Group"), the vertically integrated manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors is pleased to announce that, on 14 November 2017, it made a further grant of options under its Save As You Earn ("SAYE") share scheme, which is available for all employees.

Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 0.05 pence each ('Ordinary Shares') at an exercise price of 64.0 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 24 October 2017, the dealing day before the invitation to participate was made. The options have a contract start date of 1 January 2018 and are exercisable between 1 January 2021 and 30 June 2021.

A total of 170 employees elected to participate, and pursuant to these elections a total of 1,608,545 options over Ordinary Shares have been issued, equating to 1.13% of the current issued share capital.

Contact Information

Epwin Group Plc 0203 128 8100

Jon Bednall, Chief Executive

Chris Empson, Group Finance Director

Zeus Capital Limited (Nomad and Joint Broker)

Nick Cowles / Jamie Peel 0161 831 1512

Dominic King / John Goold 0203 829 5000

Panmure Gordon (UK) Limited (Joint Broker)

Erik Anderson / Andrew Potts 0207 886 2500

MHP Communications

Reg Hoare / Charlie Barker 0203 128 8100

Note to Editors

Epwin is a vertically integrated manufacturer of low maintenance building products, supplying the RMI, new build and social housing sectors.

The Company is incorporated and domiciled in the United Kingdom. It operates principally in the United Kingdom.

This information is provided by RNS

The company news service from the London Stock Exchange



(END) Dow Jones Newswires

November 15, 2017 02:00 ET (07:00 GMT)

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