26th May 2011 17:31
ICAP plc (the "Company")
Grant of options under the Bonus Share Matching Plan
On 26 May 2011 awards over ordinary 10p shares in the Company were granted to the following directors under the Bonus Share Matching Plan.
DIRECTOR BASIC AWARD MATCHING AWARD
Michael Spencer 667,593 667,593
Iain Torrens 52,983 52,983
The exercise price for a Basic Award is £1 and the exercise price for a Matching Award is £1. The exercise period for this award will commence on the day of the announcement of the Company's annual results for the financial year ending on 31 March 2014 and will last for a period of 5 years.
On 26 May 2011 John Nixon was given a promise to receive 476,852 Basic Award shares and 476,852 Matching Award shares under the Bonus Share Matching Plan.
These BSMP awards, a total of 2,394,856 ordinary 10p shares, will be satisfied by shares held in the ICAP Employee Share Trust and/or shares held as Treasury Shares.
ICAP plc
26 May 2011
Related Shares:
IAP.L