11th Mar 2011 14:03
CHARLES STANLEY GROUP PLC
(the "Company")
Notification of grant of share option awards to directors and other person discharging managerial responsibility ("PDMR")
In accordance with the Charles Stanley Group PLC Approved SAYE Scheme (the "Scheme"), on 11 March 2011 share options were granted to the directors set out in the table below. The Scheme operates for all eligible employees of the Company. These share options have been granted in conjunction with the individuals participating in a 3 year Sharesave savings contract.
The shares subject to the share options granted under the Scheme are ordinary shares of 25p each in the Company. The share options exercise price is 251p per share which represents, in accordance with the rules of the Scheme, 85% of the average middle market quotation of an ordinary share in the Company on the three business days preceding the Invitation Date of 16 February 2011.
The share options, which were granted in accordance with the Scheme, to the participating directors, are as follows:
Name | No. ordinary shares over which share option granted in 11 March 2011 in accordance with the Scheme. | Total number of ordinary shares over which options held following this notification (options granted from the Company's various share option schemes) |
Mr N.M.W. Anderson | 3,585 | 3,585 |
Mr M.G. Bennett | 3,585 | 3,585 |
Mr J.A. Butcher | 3,585 | 3,585 |
Mr E.M.C. Clark | 3,585 | 3,585 |
Mr P.A. Hurst | 3,585 | 3,585 |
Mr S.C. King | 3,585 | 3,585 |
Mr M.R.I. Lilwall | 3,585 | 3,585 |
Mrs V.J. Malpas | 3,585 | 3,585 |
Mrs M.M. Murphy | 3,585 | 3,585 |
Mr P.C. Nathan | 3,585 | 3,585 |
Mr G. Teper | 3,585 | 5,472 |
The Scheme options may be exercised within 6 months of the appropriate anniversary date of the contract commencement date of 1 May 2011.
Date of disclosure 11 March 2011
Company Secretary Gary Teper
Contact number (0) 207 7149 6627
Related Shares:
CAY.L