Journeo Regulatory News (JNEO)

9 May 2005 11:07

Immediate Release: Monday 9 May 2005 Toad Group Plc ("Toad" or "the Group" or "the Company") Director's Dealings and issue of options The Board of Toad announces that its Executive Chairman, Mr Peter Ward, hastoday acquired 546,032 shares in the Company bringing his total interest in theshare capital of the Company to 2,125,365 shares (representing 2.60% of theissued share capital of the Company).Mr Wilson Jennings, Group Finance Director has acquired 634,921 shares in theCompany bringing his total interest in the share capital of the Company to684,921 shares (representing 0.84% of the issued share capital of the Company).Mr David Voss, Non-executive Director has acquired 317,460 shares in theCompany bringing his total interest in the share capital of the Company to709,913 (representing 0.87% of the issued share capital of the Company).These directors each paid 7.875p per share. In addition Mr Paul Frodsham,Managing Director of 21st Century Crime Prevention Services Limited in whichToad holds a 49% stake, has today acquired 1,876,190 Toad shares representing2.3% of the issued share capital of the Company. Mr Frodsham paid 7.875p pershare.All these shares were purchased from Carglass Luxembourg SARL who now no longerhold a notifiable interest in the issued share capital of the Company.The board of Toad and Mr Paul Frodsham combined now own 7,418,128 shares in thecompany representing 9.08% of the total issued share capital.The Board of Toad also announces that in addition to the 1,127,667 shareoptions which were cancelled on the resignation of Stuart Gall, the 500,000share options in the company issued to Nick Grimond and the 436,170 shareoptions issued to Wilson Jennings on 8 September 2000 have been cancelled.Subsequent to the cancellation of these share options the Company has todayissued 500,000 share options over 10p ordinary shares in the Company to each ofNick Grimond, Wilson Jennings and Peter Ward. These have been issued under theToad Group plc Enterprise Management Incentive Plan. These share options areexercisable subject to the achievement of profit targets for the Group and mustbe exercised within ten years from the date of grant. In addition, 75,000 shareoptions over 10p ordinary shares have been issued to David Voss under anon-executive director share option scheme and these options must be exercisedbetween three and ten years of the date of grant. All of the options areexercisable at 10p per share. -Ends- For enquiries please contact:Peter WardChairman, Toad Group plcWilson JenningsFinance Director, Toad Group plcTel: 020 8710 4000Andy TanHansard CommunicationsTel: 020 7245 1100ENDTOAD GROUP PLC