10th Jul 2015 09:05
Young & Co.’s Brewery, P.L.C. (the “Company”)
Notifications pursuant to rule 17 of the AIM Rules
Circumstances giving rise to the notifications
Today, 10 July 2015, the Company granted options over 47,864 A shares of 12.5p each in the Company’s capital pursuant to the Young & Co.’s Brewery, P.L.C. Savings-Related Share Option Scheme (the “Scheme”).
The number of options granted represents 0.099% of the Company’s issued share capital (i.e. A shares and non-voting shares combined) and 0.16% of the Company’s issued A share capital.
Ordinarily, the options will not be exercisable until 1 September 2018 and will lapse six months later to the extent not exercised.
The option price is 1013p per share. This price was set in accordance with the rules of the Scheme.
Of the number of options referred to above, 2,664 were granted to directors of the Company as follows:
| ● | Stephen Goodyear, Chief Executive | 888 | |
| ● | Patrick Dardis, Retail | 888 | |
| ● | Ed Turner, Managing Director Geronimo Inns | 888 |
A block admission arrangement is in place for the A shares needed to satisfy all of the above options.
Notifications pursuant to rule 17 of the AIM Rules
The Company was notified today of each of the option grants made to the directors mentioned above.
Anthony Schroeder
Company Secretary
Friday, 10 July 2015
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