2nd Apr 2007 15:48
Cello Group plc02 April 2007 Cello Group plc ("Cello") Performance Share Option Plan On 2 April 2007 executive directors of Cello were granted awards, as summarisedbelow, of options entitling them to acquire ordinary shares of 10p ("OrdinaryShares") at an exercise price of 10p per share under the Cello Group plcPerformance Share Option Plan: +-------------------+--------------------+-------------------+-----------------+|Executive Director | Number of Ordinary|% of current issued| Total number of || | Shares over which| Ordinary Share| options over | | | options| capital| Ordinary Shares || | granted| | |+-------------------+--------------------+-------------------+-----------------+| | | | |+-------------------+--------------------+-------------------+-----------------+|Kevin Steeds | 125,000| 0.36%| 626,489|+-------------------+--------------------+-------------------+-----------------+|Mark Scott | 125,000| 0.36%| 626,489|+-------------------+--------------------+-------------------+-----------------+|Mark Bentley | 125,000| 0.36%| 386,883|+-------------------+--------------------+-------------------+-----------------+ In addition a further 1,190,000 options over Ordinary Shares (3.44 per cent ofthe current issued Ordinary Share capital) were granted to employees of Cello onthe same date. These options will normally be exercisable from 2 April 2011 subject tocontinued employment and the extent to which performance conditions have beenmet. 2 April 2007 Enquiries:Cello Group plcMark Bentley, Group Finance Director 020 78128463 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CLL.L