27th May 2005 07:00
Redstone PLC27 May 2005 Redstone plc ("the Company") Directors' Shareholding The Company today announces that awards of options over ordinary shares of 1p inthe Company ("Ordinary Shares") were made on 26 May 2005 at an exercise price of6.38p to the following Directors under the Redstone Unapproved Share OptionScheme: Director: Ian BrownOptions awarded under the Unapproved Scheme: 16,996,951Exercise Price: 6.38p Ian Brown holds 5,700,000 shares in Redstone and has options over: (i) 5,020,327 shares at an exercise price of 10p, exercisable between 19 December 2003 and 18 December 2011; and (ii) 11,568 shares at an exercise price of 1666.7p, exercisable between 16 August 2003 and 15 August 2010. Director: Tim PerksOptions awarded under the Unapproved Scheme: 9,540,820Exercise Price: 6.38p Tim Perks holds 800,000 shares in Redstone and has no other options. The new options awarded can be exercised as to one third each year commencing onthe first anniversary of the date of grant and will run for 10 years. 27 May 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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