5th Sep 2007 16:32
Homeserve Plc05 September 2007 Grant of Executive Options It is announced that on 4 September 2007 options over ordinary shares of 12.5peach were granted as follows under the Homeserve plc 2001 Executive Share OptionPlan: Status Number of shares over Option price (being which option granted closing price on 3 September 2007)Ian Carlisle Director 26,979 £17.18Jon Florsheim Director 39,290 £17.18Richard Harpin Director 32,375 £17.18Jonathan Simpson-Dent Director 26,193 £17.18Brian Whitty Director 35,972 £17.18Edward Fitzmaurice PDMR 21,246 £17.18Rachael Hughes PDMR 19,645 £17.18Jonathan King PDMR 21,044 £17.18Emma Thomas PDMR 14,389 £17.18 In accordance with the Plan Rules, the options will be exercisable for a sevenyear period from 4 September 2010 but it will only be possible to exercise themto their full extent if annual average growth in earnings per share of RPI + 10%is achieved and if certain share price criteria are met during the period 4August 2010 to 31 December 2010. If the share price criteria are not met by 31December, options will automatically lapse. In addition, Directors and PDMRs are required to build up a share holding in theCompany of one times and one half times salary respectively. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HSV.L