Daniel Stewart Securities Plc Regulatory News (DAN)

13 Jun 2005 07:02

Daniel Stewart Securities PLC13 June 2005 FOR IMMEDIATE RELEASE 13 JUNE 2005 DANIEL STEWART SECURITIES (AIM) DIRECTOR'S OPTIONS The Board of Daniel Stewart Securities Plc ("the Group"), the Small Cap adviser,announces today that following the results for the year ended 31 March 2005,released today, profit targets which were set in September 2003 have beensignificantly exceeded and as such it has issued options over 3,500,000 OrdinaryShares at an exercise price of 12p to Alastair Cade, Managing Director of DanielStewart & Company Plc, the Group's principle operating subsidiary, and Directorof Daniel Stewart Securities Plc. These options are exercisable for a period of 10 years from 13 June 2005.Following this grant Alastair Cade is interested in 4,750,000 options. --ENDS-- Enquiries: DANIEL STEWART SECURITIES PLC Tel: 020 7374 6789Peter SheaAlastair Cade BISHOPSGATE COMMUNICATIONS LIMITED Tel: 020 7430 1600Maxine BarnesDominic Barretto Notes to Editors: About Daniel Stewart Daniel Stewart Securities is an AIM-listed company providing a range of investment banking services to Small Cap publicly traded and non-publicly traded companies. The Group has two subsidiaries, Daniel Stewart and Company, the Group's principle operating subsidiary, which is authorised and regulated by the Financial Services Authority, and is a member of the London Stock Exchange and Daniel Stewart Capital, the Group's leasing and debt financing division. The Group also has a strong corporate finance team and a successful equity research department, which distributes to over 400 institutions, ensuring maximum exposure for all of the Group's corporate clients. For further information visit: www.danielstewart.co.uk This information is provided by RNS The company news service from the London Stock Exchange