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Grant of Share Options

2nd Nov 2012 07:00

RNS Number : 1652Q
Sagentia Group PLC
02 November 2012
 



 

 

2 November 2012

 

Sagentia Group plc

 

("Sagentia")

 

Grant of Share Options

 

Sagentia Group plc (AIM:SAG) announces that on 1 November 2012 the Company granted various options over ordinary shares in its share capital to employees of the Company.

 

Options have been granted over a total of 1,500,000 ordinary shares; 549,273 under the Approved Scheme and 950,727 under the Unapproved Scheme.

 

Each of these options vest after three years from the date of issue and are exercisable at 86 pence per share for a period of seven years from vesting, provided that the Company's share price has reached at least 129 pence per share for a period of 20 consecutive trading days.

 

No options were granted to Directors and the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

 

- Ends -

 

For further information:

Sagentia Group plc

Martyn Ratcliffe, Executive Chairman

Tel: +44 (0) 1223 875 200

Neil Elton, Finance Director

www.sagentia.com

 

Numis Securities Limited

Nominated Adviser: Oliver Cardigan / Simon Willis

Corporate Broking: James Serjeant

Tel: +44 (0) 20 7260 1000

 

Media enquiries:

Abchurch

Henry Harrison-Topham / Jamie Hooper

Tel: +44 (0) 20 7398 7702

[email protected]

www.abchurch-group.com

 

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