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Grant of Share Options

29th Mar 2012 14:43

RNS Number : 3829A
Lookers PLC
29 March 2012
 



Lookers plc

Grant of share options under the Lookers Executive Share Option Scheme

 The Board of Directors of Lookers plc ("Lookers" or the "Company") announces that, following approval by the Company's Remuneration Committee, the Company has today granted options to certain directors and persons discharging managerial responsibilities (the "Options").

The Options have been granted pursuant to the rules of the Lookers Executive Share Option Scheme (the "Scheme") which were approved by the Company's shareholders on 13 May 2008.

The Options have been granted over a total of 346,820 ordinary shares of £0.05 each in the capital of the Company ("Shares").

In normal circumstances, the Options are exercisable three years from the date of grant (to the extent to which the performance criteria have been met).

Name

Number of Shares under option

Neil Davis

346,280

Enquiries:

Robin Gregson, Company Secretary 0161 291 0043

 

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