14th May 2013 07:00
Savile Group plc ("Savile" or the "Company")
Grant of options
The Board of Savile Group plc ("Savile" or the "Company") announces that the following options have today been granted to certain Directors:
Directors
Name | Number of options granted | Exercise price (pence) | Total number of options held including this issue | Number of Ordinary Shares currently held | Total interest in Ordinary Share Capital including the conversion of all options held |
|
|
|
|
| % |
Penny De Valk | 500,000 | 6.5p | 500,000 | - | 3.00 |
Clare Chalmers | 500,000 | 6.5p | 500,000 | - | 3.00 |
Total | 1,000,000 | 1,000,000 | - | 6.00 |
The options granted to Directors may only be exercised if certain performance conditions are satisfied. Options may not be exercised in the three year period from the date of grant. Options may be exercised between the preliminary announcement of the Company's audited annual results for the year ended 30 June 2016 and 13 May 2023.
Penny De Valk previously held 500,000 options which were waived at the same time as the grant of the options shown above.
Following the above, the total number of options granted is 1,501,000.
For further information, please contact:
Savile Group plc 020 7204 6990
David Harrel, Chairman
Mark Sidlin, CFO
Cairn Financial Advisers LLP 020 7148 7901
Tony Rawlinson
Nominated advisor
Related Shares:
Ls -3x Avgo