Stagecoach Theatre Arts plc
("Stagecoach Theatre Arts" or "the Company")
Directors' Dealings
Stagecoach Theatre Arts (AIM: STA) announces that the Company has issued 43,010
options ("the Options") over Stagecoach ordinary shares of 5p each ("Ordinary
Shares") to each of Richard Dawson and Manzoor Ishani, directors of the Company,
on 29 January 2009.
The Options have an exercise price of 46.5 pence per Ordinary Share, being the
mid-market closing price on 29 January 2009. The Options, which were issued
pursuant to the Company's Executive Management Incentive scheme, are subject to
Earnings per Share performance criteria and must be exercised or will lapse
within 10 years of the date of issue.
Following the grant of the Options, Mr Dawson and Mr Ishani having the following
interests in the Company:
Director Number of Percentage Number of
Ordinary of Issued Options
Shares Share Capital
Richard Dawson 117,812 1.19% 290,796
Mansoor Ishani 13,763 0.14% 287,454
3 February 2009
Enquiries:
Stagecoach Theatre Arts Tel 01932 254 333
Richard Dawson, Finance Director & Investor Relations
Smith & Williamson Corporate Finance Limited Tel 020 7131 4000
David Jones / Siobhan Sergeant
Adventis Financial PR Tel 020 7034 4758
Tarquin Edwards 07879 458 364