Grant of Share Options

About this update from Chesterfield Special Cylinders Holdings Plc

[{"type":"text","content":"\n \n \n RNS Number : 0714U\n Pressure Technologies PLC\n 24 July 2020\n  \n \n \n 24 July 2020\n \n Pressure Technologies plc\n \n \n (\"Pressure Technologies\", the \"Company\" or the \"Group\")\n \n \n  \n \n \n Grant of Share Options\n \n \n  \n \n \n Pressure Technologies announces that on 24 July 2020 it granted options over 644,909 new ordinary shares of 5p each in the company. These options were granted to UK based employees of the Group, following an offer to employees to subscribe to the Company's SAYE Share Option Scheme. The options were granted with an exercise price of 66.0p per share and are exercisable at the end of the three year SAYE period.\n  \n Of these options, 21,818 were granted to Chris Walters, Chief Executive of the Group and 27,272 were granted to Joanna Allen, Chief Financial Officer of the Group.\n  \n Pursuant to the above mentioned award, Chris Walters has a total of 21,818 and Joanna Allen a total of 27,272 Ordinary Shares under SAYE option schemes.\n \n  \n \n For further information, please contact:\n \n \n \n Pressure Technologies plc\n Chris Walters, Chief Executive\n Joanna Allen, Chief Financial Officer\n \n \n Tel: 0114 257 3616 [email protected]\n \n \n \n \n \n N+1 Singer (Nomad and Broker)\n Mark Taylor / Carlo Spingardi\n \n \n Tel: 0207 496 3000\n \n \n \n \n \n Houston (Financial PR and Investor Relations)\n Kate Hoare / Anushka Mathew / Ben Robinson\n \n \n Tel: 0203 701 7660\n \n \n \n  \n  \n COMPANY DESCRIPTION\n  \n \n \n www.pressuretechnologies.com\n \n \n With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.\n The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.\n \n Chesterfield Special Cylinders (CSC) -\n \n www.chesterfieldcylinders.com\n \n  \n \n ● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH and Chesterfield Special Cylinders Inc.\n  \n \n Precision Machined Components (PMC) -\n \n www.pt-pmc.com\n \n \n ● Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot Precis...

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