31st May 2007 09:44
Stanley Gibbons Group Limited31 May 2007 The Stanley Gibbons Group Limited ('Stanley Gibbons' or 'the Company') Long Term Incentive Plan Awards The Company announces that on 29 May 2007 Michael Hall and Richard Purkis, both Executive Directors of Stanley Gibbons, received Options to subscribe for 142,538 and 31,180 ordinary shares in the Company, respectively. The Options have been awarded under the Company's 2007 Long-Term Incentive Plan (LTIP). The Options weregranted for nil consideration and are exercisable at a price of £2.245 being the closing mid market price on the preceding business day, Friday 25 May 2007. The Options will vest on 29 May 2010, subject to the satisfaction of a performance condition based on the Company's Total Shareholder Return. Further information is available in the Company's Circular to shareholders dated 13 March 2007. For further information, contact: The Stanley Gibbons Group LimitedPaul Fraser, Chairman 020 7836 8444Michael Hall, Chief Executive 01425 472363 Seymour Pierce LimitedJonathan Wright 020 7107 8000Liam O'Donoghue This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGI.L