9th Nov 2011 16:52
For Immediate Release
9 November 2011
Booker Group plc ('Booker')
Grant of options under the terms of the Booker Group plc 2008 Performance Share Plan ('PSP')
On 9 November 2011 the Company granted options under the PSP to the following PDMR's:
PDMR | Number of ordinary shares of £0.01 over which options granted | Date of Award | Exercise price |
Jonathan Prentis (Group Finance Director) | 585,010
| 9 November 2011 | Nil cost
|
Mark Aylwin (Managing Director of Booker Direct) | 514,645
| 9 November 2011 | Nil cost
|
Guy Farrant (Managing Director of UK Cash and Carry) | 562,895
| 9 November 2011 | Nil cost
|
Bryn Satherley (Operations Director) | 538,770
| 9 November 2011 | Nil cost
|
Mark Chilton (Company Secretary and General Counsel) | 281,450
| 9 November 2011 | Nil cost
|
The options granted will vest and become exercisable three years from the date of the award subject to continued employment and the performance conditions mentioned below being satisfied and will lapse if not exercised within ten years of the date of the award.
A fifth of the shares subject to each option will vest on reaching each of the share prices of 85.80p, 89.40p, 100.10p, 128.70p and 153.00p, in each case sustained over a consecutive 60-day period.
ENDS
For further information please contact:
Tulchan Communications (PR Adviser to the Company)
Tel: 020 7353 4200
Attn: Susanna Voyle / Lucy Legh
Related Shares:
Booker Group