Grant of Share Options

RNS Number : 2371X

Matchtech Group PLC

06 February 2013

 



Grant of Share Options

6 February 2013

Matchtech Group PLC

Matchtech Group PLC (the "Company") announces that its Remuneration Committee has granted the following share awards ("LTIP Awards") in the form of nil-cost options to its Executive Directors on 31 January 2013 under the Matchtech Group PLC 2006 Long-Term Incentive Plan (the 'LTIP'):

Name Number of shares subject to LTIP Award Adrian Gunn 25,000 Anthony Dyer 16,000 Keith Lewis 16,000

The LTIP Awards will be capable of release and become exercisable at the end of a three year holding period, subject to the Executive Director being continuously employed and subject to the satisfaction of cumulative earnings per share targets over a three year performance period subject to a Total Shareholder Return underpin being satisfied.

For further information please contact:

Matchtech Group plc 01489 898 989

Adrian Gunn, Chief Executive Officer

Tony Dyer, Chief Financial Officer

MHP Communications 020 3128 8100

John Olsen / Ian Payne / Giles Robinson

Numis Securities Limited 020 7260 1000

Michael Meade / James Serjeant

Background on Matchtech (AIM: MTEC.L)

Matchtech Group has over 28 years' experience providing niche recruitment services to the engineering, technology, professional staffing and the employability & skills markets.  The Group is recognised as the UK's leading specialist recruitment agency providing contract, temporary and permanent staff.

 

END

 

 

RDSUNSWROUAURRR