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Replacement - Directors' Dealings

18 Mar 2010 07:00

RNS Number : 7628I
Brady plc
18 March 2010
 



The following release replaces RNS 7580I announced on 17 March 2010 at 17.21.

This release contains an amendment to the dates set out under column title 'Exercise Period'

 

 

For immediate release 18 March 2010

 

 

 

Directors' Dealings

 

Brady plc ("the Company") announces that on 16 March 2010 the Company granted to Brian Collins, Product Management Director, options at nil-cost over 75,000 Ordinary Shares of 1p each in the Company. The exercise price of 66.5 pence per share is the closing middle market price on 16 March 2010. The vesting of individual share option tranches is subject to the individual remaining employed with the Company at the relevant vesting dates.

 

Further details of the share option grants are set out below:

 

Director

Options granted

Exercise price per Share

 

Exercise Period

 

Brian Collins

18,750

66.5 pence

17 March 2011 to 16 March 2017

18,750

66.5 pence

17 March 2012 to 16 March 2017

18,750

66.5 pence

17 March 2013 to 16 March 2017

18,750

66.5 pence

17 March 2014 to 16 March 2017

The total number of shares under option for Brian Collins following this grant is 225,000.

 

 

For further information please contact:

 

Brady plc

Gavin Lavelle, Chief Executive Officer

Tony Ratcliffe, Finance Director

Telephone: +44(0)1223 479479

 

Cenkos Securities Limited

Ivonne Cantu / Alex Aylen

 

 

Telephone: +44 (0)20 7397 8900

 

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