7th Dec 2009 15:52
Redhall Group plc
("Redhall" or the "Company")
Grant of Options
Redhall Group plc, a leading niche engineering support services group operating in the nuclear, oil and gas, chemical, food and defence sectors, announces that on 7 December 2009 options were granted over 300,000 ordinary shares of 25p each ("Shares") at an exercise price of 154p per share to the following directors:
|
Number of Shares subject to option |
|
|
John O'Kane, Group Finance Director |
200,000 |
|
David Jackson, Executive Chairman |
100,000 |
These options are exercisable between 7 December 2012 and 6 December 2019 under the Redhall Group plc 2007 Discretionary Share Option Plan and as unapproved options.
In addition to the grant of the options above, Simon Foster has exercised his option over 50,000 shares held beneficially by David Jackson at 50p per share. As a result of this transaction Simon Foster's shareholding increases to 154,350 ordinary shares of 25p each, representing approximately 0.52 per cent. of the existing issued share capital. David Jackson continues to hold a beneficial interest in 1,216,940 Ordinary Shares, representing approximately 4.11 per cent. of the existing issued share capital.
Enquiries:
|
Redhall Group plc Chris Lewis-Jones/Simon Foster |
Tel: +44 (0)1924 385 386 |
|
|
|
|
Altium |
Tel: +44 (0)161 831 9133 |
|
Phil Adams/Paul Lines |
|
Related Shares:
RHL.L