RNS Number : 4764P
Eatonfield Group plc
16 July 2010
16 July 2010
Eatonfield Group PLC
("Eatonfield" or "the Company")
Grant of Share Options
The board of Eatonfield announces that on 12 July 2010, the Company granted Brian Corfe (Executive Chairman) and Duncan Syers (Group Finance Director) options ("the Options") over Ordinary Shares of 1 penny each ("Ordinary Shares") in the issued share capital of the Company. The Options were granted under the Company's Approved Share Option Scheme ("the Approved Scheme") and Unapproved Share Option Scheme ("the Unapproved Scheme"). The Options were granted for £nil consideration and are capable of exercise between 12 July 2013 and 12 July 2020. The Options can be exercised subject to the appreciation in the Company's share price between grant date and exercise date exceeding growth in the retail price index over the same period. The Options have an exercise price of 1 penny per Ordinary Share.
The number of Options granted, together with the resultant beneficial interests of Mr Corfe and Mr Syers in the issued share capital of the Company, are as follows:
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No. of Options granted under the Approved Scheme
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No. of Options granted under the Unapproved Scheme
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Total no. of Options granted under the Approved Scheme and the Unapproved Scheme
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No. Ordinary Shares currently held
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No. Ordinary Shares currently held as a percentage of the Company's issued share capital
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Brian Corfe
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3,000,000
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7,000,000
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10,000,000
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-
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-
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Duncan Syers
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3,000,000
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7,000,000
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10,000,000
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800,000
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0.23%
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- Ends -
For further information please contact:
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Eatonfield Group PLC
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Duncan Syers, Group Finance Director
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Tel: +44 (0) 1829 261 910
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Rob Lloyd, Chief Executive
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Evolution Securities Limited
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Joanne Lake / Peter Steel
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Tel: +44 (0) 113 243 1619
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Optiva Securities Limited
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Tel: +44 (0)203 137 1904
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Jeremy King
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This information is provided by RNS
The company news service from the London Stock Exchange
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