16th Dec 2010 14:48
Ashtead Group PLCExercise of Share Options16 December 2010 ASHTEAD GROUP PLC EXERCISE OF SHARE OPTIONS
Ashtead Group plc ("Ashtead") announces that prior to their expiry in February 2011 Ian Robson today exercised 249,332 unapproved share options originally granted to him in 2001 at a price of £1.15 per share.
Ian has also today sold 212,127 shares at £165.8p per share to generate net proceeds equal to the exercise price and the income tax and national insurance arising thereon and has retained the remaining 37,205 shares.
As a result of these transactions Ian Robson now holds 1,552,033 Ashtead ordinary shares representing 0.3% of the Company's total share of voting capital.
The Company also announces that the shares sold by Ian Robson were purchased by the Company's ESOT.
Eric WatkinsGeneral Counsel0207 726 9740
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