16th May 2007 16:58
Notification of transactions of directors 16 May 2007 ARC International plc ("the Company") On 26 February 2004 the Company awarded Carl Schlachte, Chief Executive Officer,1,500,000 restricted Ordinary Shares subject to certain performance criteria. The performance criteria in relation to the fourth tranche of those restrictedOrdinary Shares outlined above has been met and accordingly, on 15 May 2007, theCompany released 375,000 Ordinary Shares to Carl Schlachte. On 15 May 2007, the Company awarded the following share options over 0.1pOrdinary Shares with an exercise price of 0.1p under terms of the PerformanceShare Plan approved by shareholders at the AGM on 3 April 2007, the options canbe exercised after 3 years subject to certain performance criteria: \* TCarl Schlachte - Chief Executive Officer 236,842Derek Meyer - Chief Operating Officer 164,473Victor Young - Chief Financial Officer 105,263\* T Following this release, Carl Schlachte holds 781,364 Ordinary Sharesrepresenting 0.51% of the issued share capital and options over 2,736,842Ordinary Shares representing 1.64 % of the issued share capital, Derek Meyerholds options over 914,473 Ordinary Shares representing 0.60 % of the issuedshare capital, and Victor Young holds options over 1,505,263 Ordinary Sharesrepresenting 0.99 % of the issued share capital. Contact Matt Dixon Financial Dynamics 020 7831 3113 Copyright Business Wire 2007Related Shares:
Arkle Res