2nd Jun 2008 17:10
ICAP plc (the "Company")
Grant of options under the Bonus Share Matching Plan
On 29 May 2008 options over ordinary 10p shares in the Company were granted to the following directors under the Bonus Share Matching Plan.
DIRECTOR BASIC AWARD MATCHING AWARD
Michael Spencer 631,973 631,973
Mark Yallop 288,196 288,196
Matthew Lester 98,810 98,810
The exercise price for a Basic Award is £1 and the exercise price for a Matching Award is £1. The exercise period for this award will commence on the day of the announcement of the Company's annual results for the financial year ending on 31 March 2011 and will last for a period of 5 years.
The aggregate of the awards, being 2,037,958 ordinary 10p shares, will be satisfied by shares held in the ICAP Employee Share Trust.
ICAP plc
2 June 2008
Related Shares:
IAP.L