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Directors share options

24th Jan 2005 14:33

Holidaybreak PLC24 January 2005 Holidaybreak plc ('the Company') Announcement of directors share options Holidaybreak plc, the UK's leading operator of specialist holiday businessesannounces that the following directors have today been granted 'B' options underthe Holidaybreak plc 1996 Unapproved Share Option Scheme: Director No. of 'B' Options Option PriceRichard Westaway Atkinson 19,934 614.5pRobert Gregory Baddeley 12,408 614.5pMatthew James Cheetham 14,239 614.5pNicholas Pury Cust 13,832 614.5pMark Christopher Wray 13,832 614.5pSimon John Tobin 12,205 614.5p The exercise of the option is subject to achievement of performance criteria inwhich the increase in earnings per share measured over a fixed period of fivefinancial years beginning from the commencement of the financial year in whichthe grant of the option takes place must be at least 15% above the increase inthe Retail Price Index measured over the same period. Subject to the performancecriteria being met, the options are exercisable from 1 October 2009 to 23January 2015. Following the above grant of options the directors have aninterest in the share capital of the Company as follows: Director No. of shares No. of OptionsRichard Westaway Atkinson 735,293 229,278Robert Gregory Baddeley 30,000 129,759Matthew James Cheetham 1 51,388Nicholas Pury Cust 3,844 160,618Mark Christopher Wray 6,076 162,791Simon John Tobin nil 124,252 Enquiries: Richard Atkinson / Robert Baddeley Holidaybreak +44 (0)1606 787100Craig Breheny Brunswick +44 (0)20 7404 5959 Note to Editors Holidaybreak (HBR.L) is listed on the London stock market. The UK's leadingoperator of specialist holiday businesses, it sold 2.3m holidays in the 12business months to end-September. Each business is a market leader in itsrespective specialist sector of the holiday industry, has multi-channeldistribution and is recognised for providing high standards of product andservice quality. For more information, please go to www.holidaybreak.co.uk. This information is provided by RNS The company news service from the London Stock Exchange

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