30th Sep 2005 11:01
Redstone PLC30 September 2005 Redstone plc ("the Company") Directors' Shareholding The Company today announces that awards of options over ordinary shares of 1p inthe Company ("Ordinary Shares") were made on 26 May 2005 at an exercise price of6.25p to the following Directors under the Redstone Unapproved Share OptionScheme: Director: Martin BaalamOptions awarded under the Unapproved Scheme: 6,400,000Exercise Price: 6.25p Martin Baalam holds 1,698,097 shares in Redstone and has options over a further9,540,820 Ordinary Shares at an exercise price of 6.38p Director: Tim PerksOptions awarded under the Unapproved Scheme: 1,600,000Exercise Price: 6.25p Tim Perks holds 800,000 shares in Redstone and has options over a further9,540,820 Ordinary Shares at an exercise price of 6.38p The new options awarded can be exercised as to one third each year commencing onthe first anniversary of the date of grant and will run for 10 years. 30 September 2005 ENQUIRIES: Redstone plc Tel. +44 (0)845 200 2200Tim Perks, Chief Financial Officer ICIS Limited Tel. +44 (0)20 7651 8688Tom Moriarty or +44 (0)7802 442486Archie Berens This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CTP.L