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Grant of Options

8th Apr 2014 12:44

RNS Number : 3373E
600 Group PLC
08 April 2014
 



For immediate release

 

600 Group Plc ("Company")

 

Grant of Options

 

The 600 Group PLC ("the Group" or "the Company"), the machine tools and laser marking company, announces that on 7 April 2014 options were awarded over 5,400,000 ordinary shares of 1p each in the Company (the "Options"), pursuant to the terms of the Company's 2011 Deferred Share Plan.

 

These awards were allocated as follows:

 

Nigel Rogers (Chief Executive) 2,000,000 options

Neil Carrick (Group Finance Director) 1,400,000 options

Paul Dupee (Chairman) 1,000,000 options

Derek Zissman (Non-executive Director) 500,000 options

Stephen Rutherford (Non-executive Director) 500,000 options

 

Subject to the terms and conditions of the scheme, the Options will vest after 3 years. The Options have an exercise price of 17p per share, being the closing mid market price on 7 April 2014.

Enquiries: 

The 600 Group PLC

01924 415 000

Nigel Rogers, Chief Executive

Neil Carrick, Finance Director

Cadogan PR Limited

0207 4995002

Alex Walters

07771713608 

 

FinnCap

 

020 7220 0500

Julian Blunt / Ben Thompson (corporate finance)

Tony Quirke / Victoria Bates (sales & broking)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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