REG-Kentz Corp Ltd Director/PDMR Shareholding
Released: 07/07/2009
com:20090707:RnsG2186V
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RNS Number : 2186V
Kentz Corporation Ltd
07 July 2009
Kentz Corporation Limited (the "Company")
Share Option Award under the Employee Share Option Scheme
London, 07 July 2009: Kentz Corporation Limited (LSE: KENZ), the holding company
of the Kentz engineering and construction group, granted 127,000 share options
("Options") over ordinary shares of 1p each in the Company ("Ordinary Shares")
on 1 July 2009 to each of Mr. Hugh O'Donnell, Chief Executive Officer, and Mr Ed
Power, Chief Financial Officer, as part of the Company's Employee Share Option
Scheme.
The 254,000 Options have an exercise price of 154.5p each and are exercisable
from 1 July 2012, subject to certain financial performance conditions being met.
The options will expire on 30 June 2019.
Following the above-mentioned grant of Options, the beneficial interests of the
Directors concerned in the Ordinary Share Capital of the Company are as shown
below:
Name Ordinary Shareholding Percentage of enhanced issued Ordinary Share capital Share Options
Hugh O'Donnell 7,500,000 6.44 127,000
Ed Power 1,182,521 1.02 127,000
For more information about Kentz please refer to our website www.kentz.com or
contact:
Evolution Securities Limited (Nomad)
Tel: +44 (0)20 7071 4300
Rob Collins
Tim Redfern
Powerscourt (PR advisors)
Tel: +44 (0)20 7250 1446
Rory Godson
Elizabeth Rous
About Kentz
Kentz is a global engineering specialist solutions provider, which serves a blue
chip client base primarily in the oil and gas, petrochemical and mining and
metals sectors. It is listed on the AIM market of the London Stock Exchange
(symbol: KENZ). In the year ending December 2008, the company generated revenues
of $643.4 million and profit before tax of $40.7 million.
Kentz has over 10,000 employees in 23 countries. Its three main business lines
are; specialist engineering, procurement and construction (EPC) services,
construction, and technical support services. It has a proven track record of
delivering mechanical, electrical, controls and instrumentation engineering,
construction and management services in some of the most remote locations on
earth.
Kentz was recently awarded the 2008 AIM Award for Best Newcomer.
This information is provided by RNS
The company news service from the London Stock Exchange
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