11th Mar 2011 15:15
Work Group Plc (the "Company")
Directors' Dealings
The Company was notified on 11 March 2011 that on that date, Simon Howard, Rose Colledge and Julian Maslen, all executive directors of the Company, exercised options over ordinary shares of 2p each in the Company ("Ordinary Shares") as set out below:
Name | Number of Ordinary Shares |
Simon Howard | 250,000 |
Rose Colledge | 500,000 |
Julian Maslen | 250,000 |
All the options were exercised at a nil exercise price and were part of the share awards (the "Awards") granted to the executive directors and announced on 22 September 2010. The Awards will be satisfied from Ordinary Shares currently held by the Work Employee Benefit Trust and, consequently, there will be no dilution of shareholders' interests.
Following the satisfaction of the Awards, the interests of the respective directors in Ordinary Shares are as follows:
Name | Number of Ordinary Shares | % of issued Ordinary Shares |
Simon Howard | 2,135,200 | 7.4% |
Rose Colledge | 500,000 | 1.7% |
Julian Maslen | 250,000 | 0.9% |
Enquiries:
Work Group plc
Simon Howard, Executive Chairman Tel: 020 7492 0000
Related Shares:
INCE.L