9th Jun 2015 07:00
Embargoed - 07.00a.m. 09 June 2015
Progility plc
Grant of Share Options
09 June 2015
Progility plc
("Progility" or "the Group")
Grant of Share Options
Progility plc (AIM: PGY), the project management services group, is pleased to announce that its Remuneration Committee has authorised the grant of options over an aggregate of 2,750,000 Ordinary Shares at an exercise price of 10p per Ordinary Share pursuant to the Progility plc 2013 Unapproved Share Option Scheme.
This aggregate figure includes a grant of 1,000,000 options to Hugh Cawley, Finance Director. The options granted to Mr Cawley, effective today, can be exercised in equal amounts 12, 24 and 36 months after the date of grant and will expire after five years.
Following the grant of these options the aggregate interests of Mr Cawley in the share capital of the Company will be as follows:
Ordinary Shares of 10p each | Options | |
Hugh Cawley | 200,000 | 1,000,000 |
For further information, please contact: | |
Progility plc | |
Wayne Bos, Executive Chairman | 020 7371 4444 |
Hugh Cawley, Finance Director | |
SPARK Advisory Partners Limited (Nominated Advisor) | |
Mark Brady | 020 3368 3551 |
Sean Wyndham-Quin | 020 3368 3555 |
W H Ireland Limited (Broker) | |
Adrian Hadden / Mark Leonard | 020 7220 1666 |
Related Shares:
Progility