Last checked at 15 Nov 2011 09:24
T.CLARKE PLC
Savings Related Share option Scheme - grant of options
On 8 November 2011, 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 | 6,750 | 40p |
Mike Crowder | 6,750 | 40p |
Martin Walton | 6,750 | 40p |
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 2015.
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 shares under option |
Mark Lawrence | 20,000 | Less than 0.1% | 85,000 | 6,750 |
Mike Crowder | 12,000 | Less than 0.1% | 85,000 | 6,750 |
Martin Walton | 10,000 | Less than 0.1% | 85,000 | 6,750 |
For further information contact:
T. Clarke plc Mark Lawrence, Chief Executive Martin Walton, Finance Director
| Tel: 020-7358-5000 |
City Profile Simon Courtenay
| Tel: 020-7448-3244 |