News from Abchurch

Abchurch shares success with launch of Employee Share Option Scheme

02 January 2008

Abchurch has rewarded its team’s dedication and loyalty with the launch of a generous employee share option plan (“ESOP” or “the Scheme”). The ESOP has been implemented to enable all team members eligible to join the Scheme to share in the ongoing success of the Company.

With over 75 clients Abchurch is among the most active PR consultancies in the City. Since launching in July 2004, the Company has gone from strength to strength with fee income growing in excess of 20% year-on-year.

Abchurch Chief Executive, Julian Bosdet, said: “This is a really exciting period in the development of the company and the ESOP enables the team to participate in the future growth of the business. Our strategy has always been to build a solid business with real capital value and now team members are more incentivised than ever to move the business forward. Coupled with our significant spend on training and career development, the Scheme will encourage team retention rates and will give an added boost to our continued search for exceptional recruits.”

Employees who have been with the company for more than one year are eligible to join the ESOP with the issue of additional options being considered each year.

Media enquiries:

Julian Bosdet
julian.bosdet@abchurch-group.com
Tel: +44 (0)20 7398 7700