24th Oct 2007 07:00
Cello Group plc24 October 2007 Cello Group plc ("Cello") Performance Share Option Plan On 23 October 2007 executive directors of Cello were granted awards, assummarised below, of options entitling them to acquire ordinary shares of 10p("Ordinary Shares") at an exercise price of 10p per share under the Cello Groupplc Performance Share Option Plan: |Executive Director | Number of Ordinary|% of current issued| Total number of || | Shares over which| Ordinary Share| options over || | options| capital| Ordinary Shares || | granted| | |+-------------------+--------------------+-------------------+-----------------+| | | | |+-------------------+--------------------+-------------------+-----------------+|Kevin Steeds | 250,000| 0.67%| 881,489|+-------------------+--------------------+-------------------+-----------------+|Mark Scott | 250,000| 0.67%| 881,489|+-------------------+--------------------+-------------------+-----------------+ These options will normally be exercisable from 23 October 2010 subject tocontinued employment and the extent to which performance conditions have beenmet. 24 October 2007 Enquiries: Evolution Securities LimitedBobbie Hilliam 020 7071 4347 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CLL.L