Award of Share Options

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 options on 0.5p ordinary shares	Option price	Total options now held
Adam Formela (Chief Executive)	450,000	43p	450,000
Guy Robinson (Finance Director)	250,000	43p	250,000

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 plc	01246 505196
Guy Robinson, Finance Director, Robinson plc	01246 505196
	www.robinsonpackaging.com
Nick Tulloch, Arbuthnot Securities	020 7012 2000

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