25th Sep 2008 17:27
Savile Group plc Grant of options
The Board of Savile Group plc ("Savile" or the "Company") announces that the following options have been granted to certain Directors of the Company on 25 September 2008:
DirectorsName Number of options Exercise % of present issued granted price share capital (being (pence) 14,650,146 ordinary shares) represented by options granted to director % Michael Moran 37,736 26.5p 0.26 Helen Pitcher 37,736 26.5p 0.26 Linda Jackson 22,642 26.5p 0.15
Options granted to Directors may only be exercised if performance conditions are satisfied. The options may be exercised between 25 September 2011 and 25 September 2018.
In aggregate 2,814,225 options, representing 19.2% of the Company's present issued share capital have been granted to staff.
Enquiries:
Savile Group plc Tel: 020 7816 0707
Jonathan Cohen
Chairman
Nominated adviser to Savile
Dowgate Capital Advisers Ltd Tel: 020 7492 4777
Tony Rawlinson
Chairman
vendorRelated Shares:
Ls -3x Avgo