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Grant of options

27th Apr 2009 18:30

RNS Number : 2499R
Cyril Sweett Group PLC
27 April 2009
 

Cyril Sweett Group plc (the 'Company')

 

27 April 2009

Grant of options

The Company announces today that it has granted options over 2,388,840 ordinary shares of 10 pence each ('Ordinary Shares'), pursuant to its Approved Share Options Scheme ('Approved'). At the same time it also granted options over 495,005 Ordinary Shares pursuant to its Unapproved Share Option Scheme ('Unapproved'). These options are exercisable at 33.0 pence per share at any time during the period from the third to the tenth anniversary of the date of grant.

The following executive directors and the number of shares under option included in the above grant of options are:-

Name Ordinary shares Share Option Scheme

Mr C Goscomb 4,999 Approved

Mr C Goscomb 101,062 Unapproved

Mr D R Pitcher 63,332 Approved

Mr D R Pitcher  45,456 Unapproved

Mr D L Webster 63,029 Approved

Mr D L Webster 90,910 Unapproved

As a result of the above grants, the Directors' interests over options in the Company's Ordinary Shares now stand at:

Name Number of Options

Mr C Goscomb 136,061

Mr D R Pitcher 534,835

Mr D L Webster 313,640

For further information, call:

Cyril Sweett Group plc

0207 061 9000

James Murray, Company Secretary

Brewin Dolphin Investment Banking

0845 270 8610

Andrew Kitchingman

Sean Wyndham-Quin

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCILFFDSDIDFIA

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