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Issue of Options

24 Mar 2011 13:52

RNS Number : 5775D
Frenkel Topping Group PLC
24 March 2011
 



 

 

Frenkel Topping Group plc

 

Issue of Options

 

Frenkel Topping Group plc (the "Company") announces that, on the following dates, options to subscribe for new ordinary shares of 0.5p each in the Company ("Ordinary Shares") were granted to Julie Dean, Finance Director, under the terms of the Company's EMI option scheme:

 

 

Date of Grant

Number of Ordinary Shares

to which options relate

 

 

10 May 2007

420,000

9 June 2008

199,600

26 May 2009

280,400

 

The options were granted at an exercise price of 0.5p (being the nominal value of each Ordinary Share) and are exercisable in equal amounts of one-third on the third, fourth and fifth anniversaries of the date of grant. Julie Dean is also beneficially interested in 663,000 issued Ordinary Shares, representing 1.21 per cent. of the issue share capital of the Company.

 

For further information, please contact:

 

Frenkel Topping Group plc

Richard Fraser (Chief Executive)

 

0161 886 8000

 

WH Ireland Limited

Robin Gwyn

 

0161 832 2174

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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