Robinson PLC Exercise of Options and Director's Dealings (2042S)

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RNS Number : 2042S

Robinson PLC

05 November 2013

Robinson plc

Exercise of options and director's dealings.

The Company announces that options for 200,803 ordinary shares of 0.5p each in the Company ("Ordinary Shares") pursuant to the 2004 Enterprise Management Incentive Plan ("Options") have today been exercised by Adam Formela, a director of the Company, at an exercise price of 43 pence each. Options were granted on 31 March 2010 and the issue has been satisfied out of Treasury Stock.

Capital Structure and Shareholdings

As a consequence of the above disclosures, the Company will have the following capital structure:

 
                                                  After these transactions  Before these transactions 
------------------------------------------------  ------------------------  ------------------------- 
Share Capital 
------------------------------------------------  ------------------------  ------------------------- 
Ordinary Shares in issue                                        17,687,223                 17,687,223 
------------------------------------------------  ------------------------  ------------------------- 
of which held in: Treasury                                       1,292,919                  1,493,722 
------------------------------------------------  ------------------------  ------------------------- 
Ordinary Shares with voting rights                              16,394,304                 16,193,501 
------------------------------------------------  ------------------------  ------------------------- 
Shareholdings 
------------------------------------------------  ------------------------  ------------------------- 
Ordinary shares held by Adam Formela                               200,803                          0 
------------------------------------------------  ------------------------  ------------------------- 
 Percentage holding of voting shares                                  1.2%                         0% 
 -----------------------------------------------  ------------------------  -------------------------

The figure of 16,394,304 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in (or a change to their interest) in the Company.

For more information please contact:

 
Robinson plc 
Guy Robinson, Finance Director  Tel: 01246 389283 
                                www.robinsonpackaging.com 
WH Ireland 
Katy Mitchell                   Tel: 0161 832 2174

Note for Editors:

Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire) and Lodz (Poland), Robinson currently employs around 225 people. It was formerly a family business, with its origins dating back some 175 years. Today the Group's main activity is the manufacture and sale of injection moulded plastic packaging. Robinson operates primarily within the food, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as Proctor & Gamble, Nestle, Kraft, United Biscuits, Northern Foods, Masterfoods, Bakkavor, Unilever, Avon, Boots and Dr Oetker. The Group also has a substantial property portfolio with development potential.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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