Company LTIP Awards
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your EMR notes
Empresaria, the global specialist staffing group, announces that on 4 June 2024, the Remuneration Committee of the Company granted awards in the form of nil cost share options ("Awards"), pursuant to the Company's existing LTIP, to the following senior executives of the Company over an aggregate 2,419,881 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), as follows:
| Name | Position | Number of Ordinary Shares under Award |
|---|---|---|
| Rhona Driggs | Chief Executive Officer | 1,461,987 |
| Tim Anderson | Chief Financial Officer | 957,894 |
Vesting of the Awards is subject to the achievement of the performance criteria of the LTIP over the holding period to March 2027, following release of the Company's preliminary results for the financial year to 31 December 2026. The LTIP's performance criteria are based on growth in share price, PBT and EPS. A higher award has been made compared to previous years with additional stretch growth targets in place.
| Singer Capital Markets (Nominated Adviser and Joint Broker) Shaun Dobson / Alex Bond / Angus Campbell | 020 7496 3000 | |
| Cavendish Capital Markets Limited (Joint Broker) Katy Birkin (Corporate Finance) Michael Johnson / Jasper Berry (Sales) | 020 7220 0500 | |
| Alma Strategic Communications (Financial PR) Sam Modlin / Rebecca Sanders-Hewett / Will Merison | 020 3405 0205 empresaria@almastrategic.com | |
| a) | Name | A. A. Rhona Driggs B. B. Tim Anderson |
| 2 | Reason for the notification | |
| a) | Position/status | A. A. Chief Executive Officer B. B. Chief Financial Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Empresaria Group plc |
| b) | LEI | 213800B2HE4EMMM7B313 |
| a) | Description of the financial instrument, type of instrument Identification code | Grant of share options to acquire Empresaria Group plc 5p ordinary shares ISIN for Empresaria Group plc 5p ordinary shares: GB00B0358N07 |
| b) | Nature of the transaction | Grant of nil cost share options under the Empresaria Group plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price (exercise): Nil Volume(s): A. 1,461,987 B. 957,894 |
| d) | Aggregated information - Aggregated volume - Price | 2,419,881 Nil |
| e) | Date of the transaction | 4 June 2024 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.