Exercise of Options and Director's Dealings

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.

 


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