Grant of Options

F W Thorpe Plc

("F W Thorpe" or the "Company")

Grant of Options

Under the Save As You Earn Scheme a total of 463,000 share options over ordinary shares of one penny each in the Company ("Share Options") were granted to employees of the Company on 15th July 2016.

The Share Options represent approximately 0.4 per cent of the shares in issue with voting rights, comprising 115,675,590 ordinary shares.

The Share Options issued are exercisable at a price of 209 pence each over a period of five years and will be settled utilising the shares currently held in treasury.

For further information please contact: 

F W Thorpe Plc

Andrew Thorpe - Chairman Tel: 01527 583200

Craig Muncaster - Group Financial Director Tel: 01527 583200

N+1 Singer - Nominated Adviser

Richard Lindley / James White Tel: 020 7496 3000