Award of Share Options
March 31 2010 - 10:32AM
UK Regulatory
TIDMRBN
RNS Number : 5487J
Robinson PLC
31 March 2010
+---------------------------------+---------------------------------+
| | 31 March 2010 |
+---------------------------------+---------------------------------+
Robinson plc
AWARD OF SHARE OPTIONS
Robinson plc ("Robinson" or "the Group"; stock code: RBN), the custom
manufacturer of plastic and paperboard packaging based in Chesterfield,
announces that on 31 March 2010 share options were approved for issue by the
Remuneration Committee under the terms of the 2004 Enterprise Management
Incentive Plan as follows:-
+------------------------+---------------+----------+------------+
| | No. of | Option | Total |
| | options on | price | options |
| | 0.5p ordinary | | now held |
| | shares | | |
+------------------------+---------------+----------+------------+
| Adam Formela (Chief | 450,000 | 43p | 450,000 |
| Executive) | | | |
+------------------------+---------------+----------+------------+
| Guy Robinson (Finance | 250,000 | 43p | 250,000 |
| Director) | | | |
+------------------------+---------------+----------+------------+
These share options granted are exercisable at any time between the third and
tenth anniversary of the date they were granted, subject to the achievement of
certain performance criteria.
On 25 March 2010 both Adam Formela and Guy Robinson agreed that their
entitlement to existing options (550,000 and 471,884 on 0.5p ordinary shares
respectively) would lapse.
For further information, please contact:
+-----------------------------------------+---------------------------+
| Adam Formela, Chief Executive, Robinson | 01246 505196 |
| plc | |
+-----------------------------------------+---------------------------+
| Guy Robinson, Finance Director, | 01246 505196 |
| Robinson plc | |
+-----------------------------------------+---------------------------+
| | www.robinsonpackaging.com |
| | |
| | |
+-----------------------------------------+---------------------------+
| Nick Tulloch, Arbuthnot Securities | 020 7012 2000 |
+-----------------------------------------+---------------------------+
| | |
+-----------------------------------------+---------------------------+
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
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