Lombard Risk Management Regulatory News (LRM)

26 Apr 2006 07:01

Lombard Risk Management PLC26 April 2006 Lombard Risk Management Plc ('the Company' or 'Lombard Risk') 26th April 2006 Notification of change in directors' interests in shares Grant of Options under the Lombard Risk Unapproved Share Option Scheme On 24th April 2006 options over ordinary shares in the Company at £0.09 and£0.11 per share were granted under the Lombard Risk Unapproved Share OptionScheme to the following Director: Director Options Granted Total Number of Shares under Option At £0.09 At £0.11 Michael Thomas 555,555 444,445 1,000,000 Grant of Options under the Lombard Risk Unapproved and EMI Schemes In addition, on the same date, options over ordinary shares in the Companyrepresenting over 3.5% of the current issued share capital were offered at £0.09per share under the Lombard Risk Unapproved and EMI Schemes to members of staffof Lombard Risk Management plc and its subsidiaries. As a result of these grants of options, and taken together with the investmentby some 40% of directors and employees in the ordinary shares of the Companyaround or at the time of the IPO, almost all employees of the Company are eithershareholders or have been offered share options. All of the options issued on 24th April 2006 are exercisable between 24th April2008 and 204th April 2013. Enquires: Lombard Risk Management plc: Tel : +44 (0)20 7384 5000John Wisbey, Chairman and CEO Spencer Backhouse, Company Secretary Noble & Company Limited (Nominated Advisors) Tel:+44 (0)20 7763 2200 Matthew Hall, Director This information is provided by RNS The company news service from the London Stock Exchange