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Grant of share options to executive directors

26th Jan 2016 07:00

RNS Number : 9366M
easyHotel PLC
26 January 2016
 

 

26 January 2016

easyHotel plc (AIM:EZH)

("easyHotel")

Grant of share options to executive directors

easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms that on 25 January 2016 its remuneration committee granted nil-cost options over 470,324 ordinary shares of 1p each ("Ordinary Shares") to its Chief Executive Officer, Guy Parsons and over 376,259 Ordinary Shares to its Chief Financial Officer, Marc Vieilledent.

 

These awards are subject to stretching performance conditions based on achieving a combination of certain strategic and financial targets and, depending on the extent to which the relevant targets are achieved, may vest in part or in full after three years subject to continued employment. Awards that do not vest after the three year performance period will lapse. The awards were made under the easyHotel 2015 Performance Share Plan.

 

 

-Ends-

 

Enquiries:

easyHotel plc

www.easyhotel.com

Guy Parsons, Chief Executive Officer

 

Marc Vieilledent, Chief Financial Officer

http://ir.easyhotel.com

 

 

Investec (Nominated Adviser and Broker)

+44 (0) 20 7597 4000

Chris Treneman

 

David Anderson

 

 

 

Hudson Sandler (Financial PR)

+44 (0) 20 7796 4133

Wendy Baker

 

Emily Dillon

 

 

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