23rd Oct 2008 12:52
23 October 2008
Spice plc
("Spice" or "the Company")
PDMR - Grant of share options
Spice, the provider of Total Utility Support Services, announces that share options over ordinary shares of 2 pence each, in the Company, have been granted today under the terms of the Company's Non Approved Share Option Plan to the following persons discharging managerial responsibility:
|
Name |
Number of shares subject to option |
Option exercise price |
Total number of options held under all schemes |
|
Mark Porter |
175,000 |
£0.9575 |
175,000 |
|
Chris Sharples |
262,500 |
£0.9575 |
262,500 |
The vesting of these options is subject to the achievement of total shareholder return and earnings per share performance conditions, and may be exercised in the period from October 2011 to October 2018. Nil consideration is payable in respect of the grant of options.
Ends
Enquiries:
Spice plc - Tel: 0113 201 2120
Simon Rigby, Chief Executive Officer
Oliver Lightowlers, Group Finance Director
Andy Catchpole, Group Strategy and Development Director
Financial Dynamics - Tel: 020 7831 3113
Billy Clegg
Caroline Stewart
KBC Peel Hunt (Broker) - Tel: 020 7418 8900
Julian Blunt
Notes to Editors
Spice plc Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, though the range of activities has since been expanded into the water sector, niche telecommunications services, statutory gas inspections, energy management and facilities management. Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.
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Spire Healthcare