RTC Group PLC Grant of Share Options (2747F)

TIDMRTC

RNS Number : 2747F

RTC Group PLC

22 May 2013

RTC Group plc

("RTC" or the "Company")

Grant of share options

RTC announces the grant of share options over a total of 605,000 new ordinary shares of one penny each in the Company ("Ordinary Shares") to certain members of the Board and senior management team ("New Options"). The New Options were granted under the Company's EMI 2001 Share Option Scheme ("EMI Scheme") on 21 May 2013 as follows:

 
 Name            Position                                      No. of       Total 
                                                          New Options      no. of 
                                                              granted     options 
                                                                         now held 
 A Pendlebury    Group Chief Executive                        105,000     780,581 
 S Dye           Group Finance Director                       100,000     100,000 
 S Bulloch       Managing Director, ATA Recruitment 
  (1)             Ltd (UK)                                    150,000     250,000 
 A Mansfield     Managing Director, ATA GSS 
  (2)             Ltd                                         200,000     250,000 
 C Addison       Regional Manager, ATA Recruitment 
  (1)             Limited                                      50,000      51,500 
                                                            _________    ________ 
                                                              605,000   1,432,081

(1) the exercise of these options is subject to the achievement of certain performance conditions

(2) the exercise of 150,000 of these options is subject to the achievement of certain performance conditions

The exercise price of the New Options is 16 pence per share, which equates to the closing middle market price of an Ordinary Share as at the close of business on 20 May 2013. Subject to the achievement of performance conditions in certain cases as indicated above, the options can be exercised at any time from 21 May 2016 to 21 May 2023.

There are now a total of 1,507,081 options over Ordinary Shares outstanding, representing approximately 11.2 per cent. of the Company's current issued share capital. A further 520,000 options have been reserved for the grant to future key employees that are planned to be hired.

The rules of the Company's EMI Scheme may be viewed at the RTC Group plc head office at London Road, Derby or at www.rtcgroupplc.co.uk/investor-centre/aim-rule-26.htm.

Enquiries:

 
 RTC Group plc                                    Tel: 01332 861844 
  Bill Douie, Executive Chairman 
  Sarah Dye, Group Finance Director 
 
 Allenby Capital Limited (Nominated Adviser and   Tel 020 3328 
  Broker)                                          5656 
  Jeremy Porter 
  Mark Connelly

This information is provided by RNS

The company news service from the London Stock Exchange

END

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