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RAI Ra International Group Plc

7.75
0.00 (0.00%)
Last Updated: 08:00:08
Delayed by 15 minutes
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
  0.00 0.00% 7.75 7.50 8.00 8.00 7.75 7.75 1,800 08:00:08
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

RA International Group PLC Issuance of Share Options and Restricted Shares (6226C)

20/10/2020 7:00am

UK Regulatory


Ra (LSE:RAI)
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TIDMRAI

RNS Number : 6226C

RA International Group PLC

20 October 2020

RA INTERNATIONAL GROUP PLC

("RA International" or the "Company")

Issuance of Share Options and Restricted Shares

RA International Group PLC (AIM: RAI), a specialist provider of support services to many of the world's largest Humanitarian, Governmental and Commercial organisations, has issued a total of 1,843,047 share options (the "Options") over ordinary shares of 10p each (the "Ordinary Shares") to certain employees of the Company. The Options will vest in stages over the next three years, with the first tranche vesting on 1st May 2021.

The Company has also agreed to issue a total of 1,840,449 restricted Ordinary Shares (the "Restricted Shares") to senior members of staff, including certain persons discharging managerial responsibilities, as detailed below. The Restricted Shares will be subject to a six month lock-in from the date of issue, during which they cannot be sold or transferred.

Ordinary Shares issued pursuant to the award of the Restricted Shares will be satisfied from the pool of Ordinary Shares currently held in treasury. It is intended that Ordinary Shares issued pursuant to the exercise of the Options will also be satisfied from the pool of Ordinary Shares held in treasury.

Following the issue of the Restricted Shares, the total number of Ordinary Shares in issue and admitted to trading on AIM will remain at 173,575,741, comprising 2,027,551 Ordinary Shares held in treasury and 171,548,190 Ordinary Shares with voting rights. The figure of 171,548,190 Ordinary Shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

 
 RA International Group PLC                            Via Bamburgh 
  Soraya Narfeldt, Chief Executive Officer                  Capital 
  Lars Narfeldt, Chief Operating Officer 
  Andrew Bolter, Chief Financial Officer 
 Cenkos Securities PLC (Nominated Adviser 
  and Broker) 
  Derrick Lee                                        +44 (0)131 220 
  Peter Lynch                                                  6939 
 Bamburgh Capital Limited (Financial PR &            +44 (0)191 249 
  Investor Relations)                                          7442 
  Murdo Montgomery                             investors@raints.com 
 
 
 1    Details of the person discharging 
       managerial responsibilities/person 
       closely associated 
 a)   Name                                  Andrew Bolter 
     ------------------------------------  ---------------------------- 
 2    Reason for notification 
     ------------------------------------  ---------------------------- 
 a)   Position/Status                       Chief Financial Officer and 
                                             PDMR 
     ------------------------------------  ---------------------------- 
 b)   Initial notification/Amendment        Initial Notification 
     ------------------------------------  ---------------------------- 
 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 the financial          Ordinary Shares of 10 pence 
       instrument, type of instrument        each 
       Identification code                   RAI 
     ------------------------------------  ---------------------------- 
 b)   Nature of the transaction             Award of Restricted Shares 
     ------------------------------------  ---------------------------- 
 c)   Price(s) and volume(s)                 Price    Volume 
                                              Nil      512,061 
                                                      -------- 
     ------------------------------------  ---------------------------- 
 d)        Aggregated information 
             *    Aggregated volume           512,061 Ordinary Shares 
                                              Nil 
 
             *    Price 
     ------------------------------------  ---------------------------- 
 e)   Date of the transactions              19 October 2020 
     ------------------------------------  ---------------------------- 
 f)   Place of the transaction              London Stock Exchange, AIM 
     ------------------------------------  ---------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/person 
       closely associated 
 a)   Name                                  William Warnock 
     ------------------------------------  ------------------------------------ 
 2    Reason for notification 
     ------------------------------------  ------------------------------------ 
 a)   Position/Status                       Director of US Business Development 
                                             and PDMR 
     ------------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment        Initial Notification 
     ------------------------------------  ------------------------------------ 
 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 the financial          Ordinary Shares of 10 pence 
       instrument, type of instrument        each 
       Identification code                   RAI 
     ------------------------------------  ------------------------------------ 
 b)   Nature of the transaction             Award of Restricted Shares 
     ------------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)                 Price    Volume 
                                              Nil      816,327 
                                                      -------- 
     ------------------------------------  ------------------------------------ 
 d)        Aggregated information 
             *    Aggregated volume           816,327 Ordinary Shares 
                                              Nil 
 
             *    Price 
     ------------------------------------  ------------------------------------ 
 e)   Date of the transactions              19 October 2020 
     ------------------------------------  ------------------------------------ 
 f)   Place of the transaction              London Stock Exchange, AIM 
     ------------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging 
       managerial responsibilities/person 
       closely associated 
 a)   Name                                  Trevor Stratford 
     ------------------------------------  ------------------------------ 
 2    Reason for notification 
     ------------------------------------  ------------------------------ 
 a)   Position/Status                       Business Development Director 
                                             and PDMR 
     ------------------------------------  ------------------------------ 
 b)   Initial notification/Amendment        Initial Notification 
     ------------------------------------  ------------------------------ 
 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 the financial          Ordinary Shares of 10 pence 
       instrument, type of instrument        each 
       Identification code                   RAI 
     ------------------------------------  ------------------------------ 
 b)   Nature of the transaction             Award of Restricted Shares 
     ------------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                 Price    Volume 
                                              Nil      512,061 
                                                      -------- 
     ------------------------------------  ------------------------------ 
 d)        Aggregated information 
             *    Aggregated volume           512,061 Ordinary Shares 
                                              Nil 
 
             *    Price 
     ------------------------------------  ------------------------------ 
 e)   Date of the transactions              19 October 2020 
     ------------------------------------  ------------------------------ 
 f)   Place of the transaction              London Stock Exchange, AIM 
     ------------------------------------  ------------------------------ 
 

About RA International

RA International is a leading provider of services to remote locations in Africa and the Middle East. The Company offers its services through three channels: construction, integrated facilities management and supply chain, and services three main client groups: humanitarian and aid agencies, governments and commercial customers, predominantly in the oil and gas and mining sectors. It has a strong customer base, largely comprising UN agencies, western governments 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.

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October 20, 2020 02:00 ET (06:00 GMT)

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