18th Mar 2008 10:40
Cello Group plc18 March 2008 Cello Group plc Cello Group plc ("Cello", AIM:CLL "The Group") Performance Share Option Plan On 18 March 2008 executive directors of Cello were granted awards, as summarisedbelow, of options entitling them to acquire ordinary shares of 10p ("OrdinaryShares") at an exercise price of 10p per share under the Cello Group plcPerformance Share Option Plan: Executive Director Number of Ordinary % of current Total number Shares over which issued Ordinary of options over options granted Share capital Ordinary Shares Kevin Steeds 125,000 0.32% 1,001,489 Mark Scott 125,000 0.32% 1,001,489 Mark Bentley 125,000 0.32% 511,883 In addition a further 595,000 options over Ordinary Shares (1.53 per cent of thecurrent issued Ordinary Share capital) were granted to employees of Cello on thesame date. These options will normally be exercisable from 18 March 2011 subject tocontinued employment and the extent to which performance conditions have beenmet. 18 March 2008 Enquiries: Cello Group plcMark Bentley, Group Finance Director 020 7812 8463 Kaupthing Singer & Friedlander Capital Markets LimitedNicholas How / Marc Young 020 3205 7500 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CLL.L