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Director/PDMR Shareholding

11 Mar 2011 15:15

RNS Number : 8225C
Work Group plc
11 March 2011
 



 

Work Group Plc (the "Company")

 

Directors' Dealings

 

 

The Company was notified on 11 March 2011 that on that date, Simon Howard, Rose Colledge and Julian Maslen, all executive directors of the Company, exercised options over ordinary shares of 2p each in the Company ("Ordinary Shares") as set out below:

 

 

Name

Number of Ordinary Shares

Simon Howard

250,000

Rose Colledge

500,000

Julian Maslen

250,000

 

 

All the options were exercised at a nil exercise price and were part of the share awards (the "Awards") granted to the executive directors and announced on 22 September 2010. The Awards will be satisfied from Ordinary Shares currently held by the Work Employee Benefit Trust and, consequently, there will be no dilution of shareholders' interests.

 

Following the satisfaction of the Awards, the interests of the respective directors in Ordinary Shares are as follows:

 

Name

Number of Ordinary Shares

% of issued Ordinary Shares

Simon Howard

2,135,200

7.4%

Rose Colledge

500,000

1.7%

Julian Maslen

250,000

0.9%

 

 

 

Enquiries:

 

Work Group plc

Simon Howard, Executive Chairman Tel: 020 7492 0000

 

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