Driver Grp Regulatory News (DRV)

4 Mar 2008 07:01

Driver Group plc04 March 2008 DRV4 March 2008 Driver Group PLC ("Driver" or "the Company") Issue of options Driver announces that, on 3 March 2008, the Company resolved to grant options inrespect of 1,585,000 ordinary shares of 0.4p each ("Ordinary Shares") in thecapital of the Company ("Options") under the Company's Enterprise ManagementIncentive Option Scheme. An option over 100,000 Ordinary Shares has been granted to Colin White, FinanceDirector of the Company. As a result, Colin White is now interested in 100,000Ordinary Shares under option, representing 3.6 per cent. of the total number ofOrdinary Shares which are subject to options granted by the Company. Theremaining Options have been granted to various employees. The Options have been granted at an exercise price of 81.9p and are exercisablebetween 1 December 2010 and 4 March 2018. For further information, please contact: Driver Group plc Tel: 01706 223 999Steve Driver, Chief ExecutiveColin White, Finance Director Zeus Capital Limited Tel: 0161 831 1512Alex Clarkson / Nick Cowles Panmure Gordon & Co Tel: 020 7614 8386Mark Lander / Aubrey Powell Biddicks Tel: 020 7448 1000Katie Tzouliadis This information is provided by RNS The company news service from the London Stock Exchange