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24 Dec 2015 11:44
CHARLES STANLEY GROUP PLC
(the "Company")
Notification of grant of share option awards to directors and other persons discharging managerial responsibility ("PDMR")
In accordance with the Charles Stanley Group PLC Approved SAYE Scheme 2015/16 (the "2015/16 Scheme"), on 23 December 2015 share options were granted to the directors and PDMRs set out in the table below. The 2015/16 Scheme operates for all eligible employees of the Company. These share options have been granted in conjunction with the individuals participating in a 3 year Sharesave savings contract.
The shares subject to the share options granted under the 2015/16 Scheme are ordinary shares of 25p each in the Company. The share options exercise price is 287p per share which represents, in accordance with the rules of the 2015/16 Scheme, 85% of the average middle market quotation of an ordinary share in the Company on the three business days preceding the Invitation Date of 2 December 2015.
The share options, which were granted in accordance with the 2015/16 Scheme, to the participating directors and PDMRs, are as follows:
Name | No. ordinary shares over which share options granted on 23 December 2015 in accordance with the 2015/16 Scheme | Total number of ordinary shares over which options held following this notification (options granted from the Company's various SAYE share option schemes) |
Mr M.G. Bennett | 1881 | 1881 |
Mr B.B. Money-Coutts | 1881 | 1881 |
Mr A.C. Scott | 1881 | 1881 |
Mr G. Teper | 1881 | 1881 |
The Scheme options may be exercised within 6 months of the appropriate anniversary date of the contract commencement date of 1 February 2016.
Date of disclosure 24 December 2015
Company Secretary Julie Ung
Contact number (0) 207 7149 6493
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