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6 Nov 2013 10:50
FRENCH CONNECTION GROUP PLC
Purchase of shares and grant of options
French Connection Group plc ("the Company") today confirms that it was notified on 5 November 2013 that Adam Castleton, Group Finance Director, had on 5 November 2013, in London, purchased 33,000 ordinary shares in the Company at a price of 37.5p per ordinary share. Following this purchase, Adam Castleton now holds 33,000 ordinary shares, representing 0.034% of the Company's issued ordinary share capital.
The Company also confirms that on 4 November 2013, the Company granted options over 600,000 ordinary shares of 1p to Adam Castleton under a Performance Share Plan at a price of 29.25p being the closing mid-market price of an ordinary share on 12 August 2013, the day which employment with the Company commenced. No consideration was paid in respect of this grant, the vesting of which is conditional on the satisfaction of certain performance criteria after 3 years.
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