Source - RNS
RNS Number : 2742H
Epwin Group PLC
06 June 2017
 

Epwin Group Plc

("Epwin" or the "Company")

 

Grant of Options under SAYE Scheme

 

 

Epwin Group Plc (AIM: EPWIN) ("Epwin" or the "Group"), the vertically integrated manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors is pleased to announce that, on 5 June 2017, it made a further grant of options under its Save As You Earn ("SAYE") share scheme, which is available to all employees.

 

Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 0.05 pence each ('Ordinary Shares') at an exercise price of 96.6 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 16 May 2017, the dealing day before the invitation to participate was made.  The options have a contract start date of 1 July 2017 and are exercisable between 1 July 2020 and 31 December 2020.

 

A total of 236 employees elected to participate, and pursuant to these elections a total of 893,408 options over Ordinary Shares have been issued, equating to 0.63% of the current issued share capital.

 

 

Contact Information

 

Epwin Group Plc                                                                                           0203 128 8100

Jon Bednall, Chief Executive

Chris Empson, Group Finance Director

 

Zeus Capital Limited (Nomad and Joint Broker)                     

Nick Cowles / Jamie Peel                                                                              0161 831 1512

Dominic King / John Goold                                                                          0203 829 5000

 

Panmure Gordon (UK) Limited (Joint Broker)

Erik Anderson / Andrew Potts                                                                  0207 886 2500

 

MHP Communications

Jamie Ricketts / Charlie Barker / Rossina Garcia Izaguirre          0203 128 8100

 

 

Note to Editors

 

Epwin is a vertically integrated manufacturer of low maintenance building products, supplying the RMI, new build and social housing sectors.

 

The Company is incorporated and domiciled in the United Kingdom.  It operates principally in the United Kingdom.

 

www.epwin.co.uk

 


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