11th Jan 2008 15:20
ITE Group PLC11 January 2008 ITE GROUP PLC Notification of change in Directors' interests On 11 January 2008 ITE Group plc granted Contingent Options over the Company'sordinary shares as follows: Contingent options were granted to Directors to acquire ordinary shares in theCompany at an exercise price of 1p per share under the terms of, and subject tothe performance and other conditions set out in the ITE Group plc EmployeesPerformance Share Plan 2004 as set out below: Bill Dye 267,559 Russell Taylor 158,027 Edward Strachan 24,749 A Contingent Option to acquire ordinary shares in the Company at an exerciseprice of 1p per share has been issued under the terms of, and subject to theperformance and other conditions set out in the ITE Group plc Key Contractors'Performance Share Plan 2004 as set out below: Edward Strachan 214,047 As set out in the annual report, the vesting of the Contingent Options aredependent on certain performance targets being met. The performance targets forthese Options are based on aggregate diluted earnings per share figures achievedover a three year period from 1 October 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HYVE.L