14th Jun 2005 12:27
UMECO PLC14 June 2005 UMECO plc 14 June 2005 Directors interests Options were granted to directors on 11 June 2002 as follows: CJ Snowdon 70,137 shares at 262.3p per share RJK Beaumont 49,935 shares at 262.3p per share Note that these values reflect adjustments made for the effects of the rights issue held by UMECO plc in April 2004. These options were subject to a performance target which was required to be met as a condition precedent to exercise. This target required that the real annual growth in earnings per share during the three year performance period ended 31 March 2005 was at least 5 per cent. The remuneration committee of UMECO plc have concluded that this minimum performance target has not been met, and these options have accordingly lapsed. The directors now hold options over the following number of UMECO plc shares: CJ Snowdon 148,127 RJK Beaumont 106,082 ENDS Name/telephone number for queries: Steven Bowers 01926 331800 This information is provided by RNS The company news service from the London Stock Exchange endRelated Shares:
Ubsetfusmca