25th Oct 2005 08:43
Cape PLC25 October 2005 Cape PLC('Cape', the 'Company' or the 'Group') Directors' Shareholdings The Board of Cape announces that, on 24 October 2005, it granted a total of 640,000 options ('Options') over ordinary shares of 25p each in the capital of the Company ('Ordinary Shares') to its senior executives and one Director, Mr Michael T Reynolds. Mr Reynolds was granted, for nil consideration, Options over 100,000 Ordinary Shares at an exercise price of 120p per Ordinary Share under the Company's Share Option Plan. These Options are exercisable from 24 October 2008 to 24 October 2015. Following the grant described above, the Options held by Mr Michael T Reynolds are as follows: Exercise price perOptions granted common share Period exercisable 100,000 60p 07.05.2007 to 07.05.2014 100,000 120p 24.10 2008 to 24.10.2015 Performance conditions relating to the future increase in the Company's adjusted earnings per share apply to these Options. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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