16th Jan 2018 08:48
16 January 2018
Tricorn Group Plc
("Tricorn" or the "Group")
Grant of Options
Tricorn announces that it has awarded the following share options over ordinary shares of 10p each in the Company to Claire Rewbury and John Edgemon, who are both considered to be PDMRs of the Group:-
Claire Rewbury 400,000 ordinary shares
John Edgemon 250,000 ordinary shares
The options, which vest immediately and are in place for 10 years, have an exercise price of 21.5p per share and are pursuant to the terms of the Company's Unapproved Share Option Scheme.
For further information please contact:
Tricorn Group plc | Tel +44 (0)1684 569956 |
Mike Welburn; Chief Executive | www.tricorn.uk.com |
Phil Lee; Group Finance Director | |
Stockdale Securities Limited | Tel + 44 (0)20 7601 6100 |
Tom Griffiths Henry Willcocks - Corporate Broking |
Notes to Editors:
Tricorn is a value added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy and Transportation sectors.
Headquartered in Malvern, UK, Tricorn employs around 300 employees and operates through four brands: MTC, Maxpower, Franklin Tubular Products and Minguang-Tricorn Tubular Products.
Related Shares:
TCN.L