12th Sep 2005 17:31
Berkeley Group Holdings (The) PLC12 September 2005 For Immediate Release 12 September 2005 Director Shareholding The Berkeley Scott Group plc ("The Company") announces that on Friday September9th, Will Coker, Chief Financial Officer was granted options over 100,000ordinary shares of 2p each at an exercise price of 32.5p. The options, which have been issued under the Company's existing EMI schemecomprise 2 tranches:- 50,000 options which are not subject to any performancecriteria and are exerciseable after 3 years and 50,000 which are subject toperformance criteria to be determined by the Remuneration Committee in respectof the forthcoming trading year to 30 September 2006. These are alsoexerciseable after 3 years. The options are granted in accordance with contractual arrangements made at thetime of Will Coker's employment in March 2005 and represent his entire interestin share options within the Company. Will Coker also retains beneficial interest in 20,000 ordinary shares of 2p inthe Company. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Berkeley Group