Last checked at 1 Nov 2012 17:30
T.Clarke plc (or the "Company")
Savings Related Share option Scheme - grant of options
On 12 October 2012, directors of the Company were granted options over ordinary shares of 10p each in the capital of the Company ("shares") under the T.Clarke plc Savings Related Share option Scheme ("the Scheme").
Details of the directors and the number of shares over which options were granted to them under the Scheme are as follows:
Director | Number of shares under option | Option exercise price per share |
Mark Lawrence | 12,857 | 42p |
Mike Crowder | 12,857 | 42p |
Martin Walton | 12,857 | 42p |
No consideration was paid for the grant of the options.
Options may normally be exercised during the six months following the Maturity Date at the end of the three-year savings period. The Maturity Date is 1 January 2016.
Following the grant of the options under the Scheme these individuals hold the following beneficial interests in the issues share capital of the Company.
Director | Beneficial interest in the shares of the Company | % of the issued share capital of the Company | Number of conditional share awards held under the LTIP | Total number of options under LTIP | Total number of shares under sharesave options |
Mark Lawrence | 20,000 | Less than 0.1% | 200,000 | 65,750 | 19,607 |
Mike Crowder | 12,000 | Less than 0.1% | 200,000 | 65,750 | 19,607 |
Martin Walton | 10,000 | Less than 0.1% | 200,000 | 65,750 | 19,607 |
For further information contact:
T. Clarke plc Tel: 020 7997 9400
Mark Lawrence, Chief Executive
Martin Walton, Finance Director
N+1 Singer Tel: 020 3201 3710
Sandy Fraser
City Profile Tel: 020 7448 3244
Simon Courtenay