Business
Grant of Options and Director Shareholding
Grant of Options and Director Shareholding.
About this update from Ingenta Plc
[{"type":"text","content":"\n \nRNS Number : 6899N Publishing Technology PLC 01 February 2016 \n\nPublishing Technology plc \n(the \"Company\")\nGrant of Options\n \n \nThe Board of the Company announce that 505,000 options were granted under the Company's EMI share option scheme to senior staff to incentivise them to deliver the strategic goals of the business. As part of the overall grant, the following options were granted to Executive Directors:\n \nName No. of options\n \nD Montgomery 80,000\nA B Moug 60,000\n \nAll options were granted on 29 January 2016 and will vest in three equal tranches on 31 December 2016, 31 December 2017 and 31 December 2018 subject to the delivery of financial performance in line with or exceeding expectations. The exercise price has been set at £1.27, the closing mid-market price on the date of grant.\n \n \n \nFor further information please contact:\n \nDavid Montgomery\nAlan Moug\nPublishing Technology plc, Tel: 01865 397 800\n \nNicholas Wells\nElizabeth Bowman\nCenkos Securities plc, Tel: 0207 397 8900\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSAKDDPPBKDDBK\n ","length":3022,"tagName":"div"}]