29th Jun 2005 17:23
Homeserve Plc29 June 2005 Grant of Executive Options It is announced that on 28 June 2005 options over ordinary shares of 12.5p eachwere granted as follows under the Homeserve plc 2001 Executive Share OptionPlan: Number of Option Price Total Number of Shares over (being closing Shares over which Option price on 27 which Options Granted June 2005) now HeldAndrew Belk 36,000 £9.61 213,027Ian Carlisle 42,500 £9.61 151,744Richard Harpin 51,000 £9.61 292,144Brian Whitty 55,000 £9.61 456,024 In accordance with the Plan Rules, the options will be exercisable between 28June 2008 and 28 June 2015 but it will only be possible to exercise them totheir full extent if annual average growth in earnings per share of RPI + 10% isachieved. In addition, directors will be required to build up a share holding inthe Company of one times salary. 29 June 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HSV.L