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| Date | 30 Aug 2022 |
| Time | 07:00:13 |
| Category | Corporate updates |
| ID | 4608X |
30 August 2022
Marlowe plc
Launch of Group 2022 SAYE Scheme
Grant of 2022 SAYE Options
Marlowe plc ("Marlowe" or the "Group"), the specialist services group focused on developing companies which assure safety and regulatory compliance, announces that as part of the Group's HMRC approved 2022 Save As You Earn scheme (the "2022 SAYE Scheme") a total of 413,340 options to subscribe for ordinary shares of 50 pence each in the capital of the Group ("2022 SAYE Options") have today been granted to employees of the Group.
Under the 2022 SAYE scheme, which was made available to all Marlowe employees, a total of 716 employees of the Group, have applied to participate in the 2022 SAYE Scheme. The 2022 SAYE Options have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of 758 pence per 2022 SAYE Option. Subject to the rules of the 2022 SAYE Scheme, participants will be able to exercise their 2022 SAYE Options within six-months commencing from 1 October 2025.
For further information:
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Marlowe plc |
www.marloweplc.com |
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Alex Dacre, Chief Executive |
Tel: +44 (0) 203 841 6194 |
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Adam Councell, Group Finance Director Julian Wais, Head of Investor Relations Benjamin Tucker, Investment Relations Manager |
IR@marloweplc.com |
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Cenkos Securities plc - Nominated Adviser & Joint Broker |
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Nicholas Wells |
Tel: +44 (0)20 7397 8900 |
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Ben Jeynes George Lawson |
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Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker |
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Mark Whitmore Ben Wright |
Tel: +44 (0)20 3207 7800 |
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Stifel - Joint Broker |
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Matthew Blawat Francis North |
Tel: +44 (0)20 7710 7688 |
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FTI Consulting |
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Nick Hasell |
Tel: +44 (0)20 3727 1340 |
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Alex Le May |
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About Marlowe plc
Marlowe is a UK leader in business-critical services and software which assure safety and regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services. It is focused on compliance software, eLearning, health & safety, employment law and HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets and leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.