Parkwood Holdings: Grant of Options | Company Announcements

Wednesday 26 May, 2010

Parkwood Holdings

Grant of Options

RNS Number : 6086M

Parkwood Holdings PLC

26 May 2010

Parkwood Holdings plc (`Parkwood' or `the Company')

Grant of Options

On 11 May 2010, the following share options were granted to Persons Discharging Managerial Responsibility at an exercise price of 35.11p per share under the terms of the Parkwood Holdings plc 2007 Approved Company Share Option Scheme:

Mike Quayle, Group Finance Director	5,000 shares
Carolyn Smith, Company Secretary	2,000 shares

The options are subject to performance criteria. In order for the options to vest, the Company's earnings per share over a three year peroid must exceed RPI by 2% or more.

This announcement is made in accordance with the requirements of DTR 3.1.4

For further information:

Parkwood Holdings plc

Mike Quayle, Financial Director	01772 627111
Carolyn Smith, Compnay Secretary	01772 627111

This information is provided by RNS

The company news service from the London Stock Exchange

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