Epwin Group Plc (LON:EPWIN), the vertically integrated manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement (“RMI”), new build and social housing sectors is pleased to announce that, on 14 November 2017, 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 64.0 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 24 October 2017, the dealing day before the invitation to participate was made. The options have a contract start date of 1 January 2018 and are exercisable between 1 January 2021 and 30 June 2021.
A total of 170 employees elected to participate, and pursuant to these elections a total of 1,608,545 options over Ordinary Shares have been issued, equating to 1.13% of the current issued share capital.
Epwin Group Plc is a vertically integrated manufacturer of low maintenance building products, supplying the RMI, new build and social housing sectors.
