Business
Grant of Options
Grant of Options.
About this update from Newmark Security Plc
[{"type":"text","content":"\n \nRNS Number : 1542Z Newmark Security PLC 24 May 2016 \n\nNewmark Security plc\n \n(\"Newmark\" or the \"Company\")\n \nGrant of Options\n \nNewmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, announces that it has granted options over a total of 7,000,000 new ordinary shares of 1p each in the Company (\"Ordinary Shares\") (the \"Options\") to four senior members of the (non-Board) management team. \n \nThe Options are exercisable at a price of 2.92 pence per share being the closing price as at 20 May 2016 and vest on 23 May 2019. The Options expire on the tenth anniversary of the date of grant.\n \nThe Options represent 1.49 per cent. of the total number of Ordinary Shares in issue. \n \nThe total number of options now outstanding over Ordinary Shares is 23,966,082 representing 6.61 per cent. of the total number of Ordinary Shares in issue.\n \n \nFor further information:\n \n\n\n\n\nNewmark Security plc\nMarie-Claire Dwek, Chief Executive Officer\nBrian Beecraft, Finance Director\n\n\n+44 (0) 20 7355 0070\nwww.newmarksecurity.com\n \n\n\n\n\n \nCantor Fitzgerald Europe\nDavid Foreman / Michael Reynolds (Corporate Finance)\nDavid Banks (Sales)\n\n\n \n+44 (0) 20 7894 7000\n\n\n\n\n \nYellow Jersey PR Limited\nDominic Barretto\nAidan Stanley \n\n\n \n+44 (0) 7768 537 739\n\n\n\n\n \n \nNewmark Security Plc\n \nNewmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets. Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Physical Security), the Group listed on AIM in 1997.\n \nGrosvenor Technology provides state of the art access control and data acquisition systems delivered via its reputable JANUS access control platform and its CUSTOM brand data-collection terminals. The next generation and recently launched SATEON software is a new and innovative access control concept which delivers all the features of a software based system but in the cloud which combines the advantages of a software based system with cloud technology to improve lifecycle cost, install speed and allow for instant maintenance from anywhere in the worl...