27th Apr 2007 17:36
Colefax Group PLC27 April 2007 27th April 2007 Colefax Group PLC Grant of ESOP Options The Company today announces that options have been granted for nil considerationpursuant to agreements made between Halifax EES Trustees International Limitedof 31/33 New Street, St Helier, Jersey JE4 8YW as trustees of the Colefax GroupPlc Employees' Share Ownership Plan Trust (the "Trustees") and the Directorsnamed below: Director Number of Ordinary 10p Shares of the Company to which each option relates David Green 50,000Key Hall 50,000Rob Barker 50,000Alan Smith 25,000 The options were executed by the Trustees on 27th April 2007 and the aggregateexercise price per option payable by each person is £1 in total. The options areexercisable immediately but the shares may not be sold within three years of thegrant date. The options expire on 26th April 2017. The ESOP shares were acquiredby the Colefax Group Plc Employees Share Ownership Plan Trust between October1995 and September 2000 at an average cost of 65 pence per share. In addition to the above options the following options are outstanding: Quantity Exercise Price Date of Grant Expiry Date D B Green 100,000 £1 total 28.04.06 27.04.16K Hall 100,000 £1 total 28.04.06 27.04.16R Barker 75,000 £1 total 28.04.06 27.04.16 Enquiries: Rob Barker - Finance Director - 020 7318 6007 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Colefax Grp.