We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ra International Group Plc | LSE:RAI | London | Ordinary Share | GB00BDZV6W26 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.25 | 3.23% | 8.00 | 7.50 | 8.00 | 7.75 | 7.75 | 7.75 | 5,237 | 16:35:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gen Contr-indl Bldgs & Whse | 62.92M | -13.17M | -0.0759 | -1.02 | 13.45M |
TIDMRAI
RNS Number : 9946S
RA International Group PLC
09 November 2023
9 November 2023
RA INTERNATIONAL GROUP PLC
("RA International" or the "Company")
Cancellation of LTIP Options
RA International Group PLC (AIM: RAI), a specialist provider of complex and integrated remote site services to organisations globally, announces that it has commenced a process to cancel all outstanding share options previously awarded to employees under the Company's 2018 Long Term Incentive Plan ("LTIP").
On 8 November 2023, the Company executed agreements to cancel 2,698,061 outstanding share options previously awarded over various dates between October 2020 and June 2022 to 27 employees of the Company, including David Marshall who is considered to be a person discharging managerial responsibilities ("PDMR"). The cancellation requires the consent of each employee, which the Company expects to receive. On the basis all cancellation agreements are signed, a position the Company will confirm in its next financial results, zero options will remain outstanding.
The Company has no current plans to grant any further share options. The Remuneration Committee will look to put in place a more appropriate incentive scheme in the future.
Enquiries:
RA International Group plc Via Strand Hanson Soraya Narfeldt, Chief Executive Officer Lars Narfeldt, Chief Operating Officer Strand Hanson Limited (Nominated & Financial Adviser and Broker) +44 (0) 20 7409 Ritchie Balmer / James Spinney / David Asquith 3494 1. Details of the person discharging managerial responsibilities / person closely associated with them a) Name David Marshall ---------------------------------- -------------------------------------------- 2. Reason for the Notification -------------------------------------------------------------------------------- a) Position / status PDMR (Interim Chief Financial Officer) ---------------------------------- -------------------------------------------- b) Initial notification Initial notification /amendment ---------------------------------- -------------------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor -------------------------------------------------------------------------------- a) Name RA International Group plc ---------------------------------- -------------------------------------------- b) LEI 213800N6RTATELJU6797 ---------------------------------- -------------------------------------------- 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 Share options over ordinary shares the financial instrument of 10 pence each in the Company ----- ---------------------------------- -------------------------------------------- Identification RAI GB00BDZV6W26 code ----- ---------------------------------- -------------------------------------------- b) Nature of the transaction Cancellation of options over ordinary shares ---------------------------------- -------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) N/A 89,529 d) Aggregated information Aggregated volume 89,529 Price N/A ---------------------------------- -------------------------------------------- e) Date of the transaction 8 November 2023 ---------------------------------- -------------------------------------------- f) Place of the transaction Off market ---------------------------------- --------------------------------------------
The 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 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
About RA International
RA International is a leading provider of services to remote locations. The Company offers its services through three channels: construction, integrated facilities management and supply chain, and services two main client groups: humanitarian and aid agencies and western government organisations focusing on overseas projects. It has a strong customer base, largely comprising UN agencies, UK and US government departments and global corporations.
The Company provides comprehensive, flexible, mission critical support to its clients enabling them to focus on the delivery of their respective businesses and services. Focusing on integrity and values alongside making on-going investment in its people, locations and operations has over time created a reliable and trusted brand within its sector.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHGZMGMVLNGFZM
(END) Dow Jones Newswires
November 09, 2023 11:30 ET (16:30 GMT)
1 Year Ra Chart |
1 Month Ra Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions