7 Oct 2015 12:59
7 October 2015
JUST EAT plc
Grant of Sharesave Options to Directors
JUST EAT plc (the "Company"), announces that David Buttress, its Chief Executive Officer and Michael Wroe, its Chief Financial Officer have each elected to make the maximum individual employee contribution permitted under the JUST EAT Sharesave Scheme (the "Scheme"). Participation in the Scheme has been offered to all Company employees meeting the eligibility criteria. Under the Scheme, in return for a monthly saving commitment, participants receive a share option over ordinary shares of £0.01 each ("Shares") in the Company at a fixed discount to the prevailing market price.
David Buttress and Mike Wroe each yesterday received an option over 5,521 Shares on this basis. The options have been granted at a price of 326p per Share and vest after 3 years with the options first becoming exercisable on 1 November 2018.
Enquiries
JUST EAT: | |
David Buttress, Chief Executive Officer | +44 (0) 20 3667 6900 |
Michael Wroe, Chief Financial Officer | |
Adam Kay, Head of Investor Relations | |
Brunswick Group LLP: | |
Sarah West, Natalia Dyett | +44 (0) 20 7404 5959 |
Notes to Editors:
About JUST EAT plc
JUST EAT plc operates the world's leading digital marketplace for takeaway food, providing more than 11 million hungry consumers with an easy and secure way to order from more than 59,000 local takeaway restaurants, using proprietary technology. JUST EAT is headquartered in London and a member of the FTSE 250 Index. www.just-eat.com