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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Uvenco Uk | LSE:UVEN | London | Ordinary Share | GB00B29HFH73 | ORD 2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMUVEN
RNS Number : 8913M
Uvenco UK plc
02 August 2017
2 August 2017
Uvenco UK plc
Grant of Options
Uvenco UK plc ("Uvenco", the "Company" or the "Group") announces that on 2 August 2017 an aggregate of 5 million options over new ordinary shares of 2p each in the Company, at an exercise price of 12 pence per share ("Options"), were granted as set out below.
Sergei Kornienko, Chief Executive, has been granted 3 million Options which will be exercisable between the third and tenth year of grant and will vest as to 1 million immediately; a further 1 million if the Company's audited EBITDA for the year ended 31 December 2017 exceeds GBP500k; and the remaining 1 million if the Company's audited EBITDA for the year ended 31 December 2018 exceeds GBP600k.
In addition, each of Peter Goodman (PDMR, Chief Financial Officer) and Steve Cunliffe (Operations Manager) have been granted 1 million Options which will be exercisable between the third and tenth year of grant and will vest as to 0.5 million each if the Company's audited EBITDA for the year ended 31 December 2017 exceeds GBP500k; and the remaining 0.5 million each if the Company's audited EBITDA for the year ended 31 December 2018 exceeds GBP600k.
Enquiries
Uvenco UK plc Tel: 020 8879 8300
Sergei Kornienko, CEO
Peter Goodman, CFO
Stockdale Securities Tel: 020 7601 6100
Tom Griffiths / Richard Johnson
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEAEPAEENXEFF
(END) Dow Jones Newswires
August 02, 2017 06:10 ET (10:10 GMT)
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