ACE.L Regulatory News (ACE)

3 Jan 2007 07:00

Accident Exchange Group PLC03 January 2007 FOR IMMEDIATE RELEASE 3 January 2007 Accident Exchange Group Plc ("Accident Exchange" or the "Company") Directors'/PDMR's Share Options On 02 January 2007 Accident Exchange granted Daksh Gupta, one of its ExecutiveDirectors options over its ordinary shares of 5p each ("Shares") under theCompany's Long Term Incentive Plan ("LTIP"). The options will vest on the expiry of three years from the date of grant, whereapplicable, provided that Accident Exchange meets the relevant performancetargets in relation to each of the option grants (see additional informationbelow). The table below sets out details of the number of underlying shares containedwithin the options granted on 2 January 2007. These transactions are notified asrequired by Disclosure Rule 3.1.4 (R)(1)(a) and (b). Director/PDMR LTIP Approved Unapproved Total Number of Shares Plan Plan under Option Daksh Gupta 85,750 - - 85,750 Additional Information All of the underlying shares contained within options granted under the LTIP aresubject to performance conditions. The exercise price of the options granted under the LTIP is nil. Contacts: Accident Exchange Group PlcSteve Evans, Chief Executive 08700-116 719Martin Andrews, Group Finance Director 08700-053 649 BanksideSteve Liebmann or Simon Bloomfield 020-7367-8888 This information is provided by RNS The company news service from the London Stock Exchange