15 November 2024
Epwin Group Plc
Grant of Options under SAYE Scheme
Epwin Group Plc (AIM: EPWN) ("Epwin" or the "Group"), the leading manufacturer of energy efficient and low maintenance building products, with significant market shares, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors is pleased to announce that, on 14 November 2024, it made a further grant of options under its Save As You Earn ("SAYE") share scheme, which is available for all employees.
Eligible employees were invited to subscribe for options over the Company's Ordinary Shares of 0.05 pence each ('Ordinary Shares') at an exercise price of 84.0 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 18 October 2024, the dealing day before the invitation to participate was made. The options have a contract start date of 1 January 2025 and are exercisable between 1 January 2028 and 30 June 2028.
A total of 262 employees elected to participate, and pursuant to these elections a total of 1,558,491 options over Ordinary Shares have been issued, equating to 1.12% of the current issued share capital.
Contact information
|
Epwin Group Plc Jon Bednall, Chief Executive Chris Empson, Group Finance Director
|
078 3462 3818 |
| Shore Capital (Nominated Adviser and Joint Broker) Corporate Advisory Daniel Bush / Harry Davies-Ball
Corporate Broking Fiona Conroy
Zeus Capital Limited (Joint Broker) Dominic King / Nick Searle
| 0207 408 4090
0203 829 5000
|
| MHP Communications Reg Hoare / Matthew Taylor / Finn Taylor | 078 3462 3818 epwin@mhpc.com
|
About Epwin
Epwin is the leading manufacturer of energy efficient and low maintenance building products, with significant market shares, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors.
The Company is incorporated, domiciled and operates principally in the United Kingdom.
Information for investors can be accessed www.epwin.co.uk/investors/
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
