16th Oct 2009 15:00
Interior Services Group plc
Director/PDMR Shareholding
16 October 2009
The Board of Interior Services Group plc ("the Company") announces that the executive directors of the Company have agreed to the cancellation of the following options over shares of 1p each in the Company ("Ordinary Shares"):
|
Director
|
Date of grant
|
Option Price
|
Options over Ordinary Shares
|
|
|
|
|
|
|
Mr Greg Aldridge
|
18 March 2008
|
190p
|
100,000
|
|
|
|
|
|
|
Mr Jonathan Houlton
|
9 July 2007
|
331.5p
|
100,000
|
|
|
18 March 2008
|
190p
|
100,000
|
|
|
|
|
|
|
Mr Samuel David Lawther
|
9 July 2007
|
331.5p
|
125,000
|
|
|
18 March 2008
|
190p
|
125,000
|
The Board of the Company also announces that, following these cancellations, it has today granted the executive directors of the Company options over Ordinary Shares as set out below. The options have an exercise price of 185p per share, being the average of the closing mid-market prices of Ordinary Shares of the Company as quoted on the AIM market of the London Stock Exchange plc on each of the three business days immediately preceding the date of grant.
|
Director
|
Options over Ordinary Shares
|
|
|
|
|
Mr Greg Aldridge
|
66,667
|
|
|
|
|
Mr Jonathan Houlton
|
133,333
|
|
|
|
|
Mr Samuel David Lawther
|
166,667
|
The options will be exercisable from 16 October 2012 to 15 October 2019. The options have been granted under the Company's approved and unapproved share option plans and are to be triggered subject to prescribed performance targets over a specified period.
Enquiries
Interior Services Group plc
Jared Cranney, Company Secretary
Tel: 020 7392 5339
Ends
Related Shares:
ISG.L