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PRES Pressure Technologies Plc

37.50
0.00 (0.00%)
Last Updated: 08:00:21
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pressure Technologies Plc LSE:PRES London Ordinary Share GB00B1XFKR57 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.50 36.00 39.00 37.70 37.50 37.50 17,944 08:00:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fluid Powr Cylindrs,actuatrs 31.94M -679k -0.0219 -17.12 11.65M

Pressure Technologies PLC Grant of Share Options (9412V)

27/07/2018 7:30am

UK Regulatory


Pressure Technologies (LSE:PRES)
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TIDMPRES

RNS Number : 9412V

Pressure Technologies PLC

27 July 2018

27 July 2018

Pressure Technologies plc

("Pressure Technologies", the "Company" or the "Group")

Grant of Share Options

Pressure Technologies announces that on 26 July 2018 it granted options over 385,533 new ordinary shares of 5p each in the company. These options were granted to UK based employees of the Group, following an offer to employees to subscribe to the Company's SAYE Share Option Scheme. The options were granted with an exercise price of 97.6p per share and are exercisable at the end of the three year SAYE period.

Of these options, 18,442 were granted to Joanna Allen, Chief Financial Officer of the Group.

Pursuant to the above mentioned award, Joanna Allen has a total of 22,908 Ordinary Shares under SAYE option schemes.

For further information, please contact:

 
 Pressure Technologies plc             Tel: 0114 257 3622 
  Keeley Clarke, Investor Relations     www.pressuretechnologies.com 
 Cantor Fitzgerald Europe (Nominated   Tel: 020 7894 7000 
  Adviser and Broker) 
 Philip Davies / Will Goode 
 

COMPANY DESCRIPTION

Company description - www.pressuretechnologies.com

With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure components and systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as a global leader in biogas upgrading.

Pressure Technologies has three divisions, Precision Machined Components, Cylinders and Alternative Energy, serving four main markets: oil and gas, defence, industrial gases and alternative energy.

Precision Machined Components - www.pt-pmc.com

   --     Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk 
   --     Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk 
   --     Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk 
   --     Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk 

Cylinders

-- Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 and includes, CSC Deutschland Gmbh, which is based in Dorsten, Germany and Chesterfield Special Cylinders Inc. which is based in Houston, USA www.chesterfieldcylinders.com

Alternative Energy

-- Greenlane Biogas, Vancouver, Canada and Sheffield, UK; acquired in October 2014 www.greenlanebiogas.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 27, 2018 02:30 ET (06:30 GMT)

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