James Fisher and Sons Regulatory News (FSJ)

24 Mar 2006 15:30

Fisher (James) & Sons PLC24 March 2006 James Fisher and Sons Public Limited Company ("the Company") Directors Interest in Shares The Company was notified on 23 March 2006 that Mr C J Rice a director of theCompany purchased 5,000 ordinary shares at a price of 472p on 23 March 2006.. Following this transaction Mr Rice's beneficial interest in the Company's issuedordinary share capital is 5,000 ordinary shares representing 0.01 per cent ofthe Company's issued Ordinary Share Capital. Executive Share Option Scheme On 23 March 2006 the Company granted options to the executive directors of theCompany under the new Executive Share Option Scheme (2005) which was approved byshareholders on 29 April 2005 and the Inland Revenue on 17 June 2005. Theoptions have been granted at a price of 468p per share being the average middlemarket price of a share over the three dealing days immediately preceding thedate of grant. The award is granted subject to the performance conditionsstipulated in the scheme rules and the option is exercisable from 23 March 2009to 23 March 2016 assuming that the performance conditions are met. These awards replace those that were granted on 14 March 2006, which have beencancelled. Details of the award under this scheme to each director and the revised numberof options they hold following this grant are set out below: Options Granted Total number of over Ordinary Ordinary Shares Shares under Option under the under the Executive Share Executive Share Option Scheme Option Scheme T C Harris 49,359 246,919N P Henry 29,615 74,354M J Shields 24,231 161,088S A Harris 21,368 40,467 No consideration was paid for the grant of these options. This information is provided by RNS The company news service from the London Stock Exchange