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Grant of Options

29 Jul 2013 12:54

RNS Number : 3702K
Arden Partners plc
29 July 2013
 



Arden Partners plc ("Arden" or the "Company")

 

Grant of Options

 

Following the appointment of James Reed-Daunter as Chief Executive on 1 January 2013, on 23rd July 2013 he was granted options over 500,000 ordinary shares of 10p each in the Company (the 'Options') pursuant to Arden Partners Employee Share Option Plan 2013. 

 

The Options have an exercise price of 43.5p each and become exercisable on 1st January 2016, subject to the achievement of various performance related conditions.

 

In addition to the Options, James Reed-Daunter also holds 2,853,644 ordinary shares of 10p in the Company, representing approximately 12.48 per cent of the issued share capital of the Company.

 

 

Enquiries:

 

Arden Partners plc

Steve Wassell - Company Secretary

 

Altium

Sam Fuller

0121 423 8993

 

 

020 7484 4040

 

 

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