Epwin Group PLC, a leading manufacturer of energy efficient and low maintenance building products, has announced the exercise of employee share options and the allotment of new ordinary shares. On 15th January 2024, the company allotted 167,996 new ordinary shares to satisfy employee share options, exercised at a price of 54.0p per ordinary share under the Epwin Group plc Save As You Earn (SAYE) scheme granted in October 2020. These new ordinary shares were issued under the company's block listing, an increase in which was announced on 22nd December 2023.
Out of the SAYE allotment, 33,300 ordinary shares have been issued to Chris Empson, Group Finance Director. Following this exercise and allotment, Chris and his closely associated persons have a beneficial interest in 318,165 ordinary shares in the company. Following these transactions, the company's issued ordinary share capital consists of 144,672,152 ordinary shares.
The company has provided contact information for investors and details of the person discharging managerial responsibilities. The information for investors can be accessed on the company's website. Additionally, the notification includes details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor.
This announcement provides transparency regarding the exercise of options and the director's shareholding, ensuring that shareholders are informed about the changes in the company's share capital and the interests of the director and closely associated persons.