Business
Grant of Share Options
Grant of Share Options.
About this update from Science Group Plc
[{"type":"text","content":"\n \nRNS Number : 0615N Sagentia Group PLC 03 September 2013 \n \n\n \n \n\n\n\n\n\n\n\n3 September 2013\n\n\n\n\n \nSagentia Group plc\n \n(\"Sagentia\" or the \"Company\")\n \nGrant of Share Options\n \nSagentia Group plc (AIM:SAG) announces that on 30 August 2013, the Company granted various options ('Options') over ordinary shares in its share capital to 65 employees of the Company.\n \nOptions have been granted over a total of 1,012,500 ordinary shares under the 2013 Performance Share Plan. Of this award, 205,000 options were granted to employees of OTM Consulting Limited, following its acquisition in July 2013.\n \nEach of these Options vest after three years from the date of issue and are exercisable at the nominal value of the share of 1 pence per share for a period of seven years from vesting, provided that certain performance conditions have been satisfied. Up to 50 per cent of the Options may vest subject to the achievement of Earnings per Share growth targets in each of the three financial years 2013-2016. Up to a further 50 per cent of the Options may vest subject to achievement of a Total Shareholder Return target over a three year period.\n \n25,000 options were granted to Neil Elton, the Company's Finance Director, as part of the above award. Save for the above, the directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.\n \n- Ends -\n \nFor further information:\n\n\n\n\nSagentia Group plc\n\n\nTel: +44 (0) 1223 875 200\n\n\n\n\nNeil Elton, Finance Director\n\n\nwww.sagentia.com\n\n\n\n\n \n\n\n\n\nNumis Securities Limited\n\n\n\n\n\n\n\nNominated Adviser: Oliver Cardigan / Simon Willis\nCorporate Broking: James Serjeant\n\n\nTel: +44 (0) 20 7260 1000\n\n\n\n\n \n\n\nMedia enquiries:\n\n\n\n\nAbchurch\n\n\n\n\n\n\n\nHenry Harrison-Topham / Jamie Hooper\n\n\nTel: +44 (0) 20 7398 7719\n\n\n\n\[email protected]\n\n\nwww.abchurch-group.com\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCLTMMTMBIMTBJ\n ","length":5615,"tagName":"div"}]