ACE.L Regulatory News (ACE)

14 Feb 2005 07:00

Accident Exchange Group PLC14 February 2005 14 February 2005 Accident Exchange Group Plc (the "Company") Posting of circular and EGM date Accident Exchange Group Plc, the leading prestige credit hire vehiclereplacement company, has today posted a circular to shareholders (the "Circular") seeking approval for the adoption of the following employee incentive arrangements: (i) The Accident Exchange Group Plc Directors and Senior Executives Long Term Incentive Plan 2005 (the "LTIP"); and (ii) The Accident Exchange Group Plc Approved Company Share Option Plan (2005). The ordinary resolutions to approve these new incentive arrangements will beproposed at an extraordinary general meeting of the Company to be held at 10.00a.m. on 7 March 2005 at the offices of Numis Securities Limited, CheapsideHouse, 138 Cheapside, London EC2V 6LH. Copies of the circular are available from the offices of the Company, Unit 1,Roman Park, Off Roman Way, Coleshill, Birmingham B46 1HG for a period of notless than one month from the date of this announcement. For further information, please contact: Steve Evans, Chief ExecutiveTel: 08700 116719Martin Andrews, Finance DirectorTel: 08700 053649Accident Exchange Group plc Jonathon Brill / Billy CleggTel: 020 7831 3113Financial Dynamics This information is provided by RNS The company news service from the London Stock Exchange