Robinson PLC Issue of Share Options (2461E)

TIDMRBN

RNS Number : 2461E

Robinson PLC

07 April 2014

Robinson plc

Award of Share options

The Company announces that on 7 April 2014 share options were approved for issue by the Remuneration Committee under the terms of the 2004 Enterprise Management Incentive Plan Amended and Updated as follows:-

 
                                      No. of options   Option price   Total options 
                                    on 0.5p ordinary                       now held 
                                              shares 
 Adam Formela (Chief Executive)               99,256      201.5p            798,453 
 Guy Robinson (Finance 
  Director)                                   67,494      201.5p            317,494

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.

In addition to the options issued above;

Adam holds 200,803 ordinary shares; 249,197 options over ordinary shares exercisable before 31 March 2020 at 43p and 450,000 options over ordinary shares exercisable before 4 May2011 at 69p.

-- Guy holds 899,500 ordinary shares; 250,000 options over ordinary shares exercisable before 4 May2011 at 69p.

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, 2 Sisters Group, Masterfoods, Bakkavor, 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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