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Pin to quick picksMears Regulatory News (MER)

Share Price Information for Mears (MER)

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Share Price: 386.00
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Change: 0.00 (0.00%)
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Open: 387.00
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Director/PDMR Shareholding

26 Aug 2010 09:21

RNS Number : 6746R
Mears Group PLC
26 August 2010
 



 

Mears Group PLC

("Mears" or the "Group")

 

Option Grant

 

On 24 August 2010, Andrew Smith (Finance Director), David Miles (Chief Operating Officer) and Alan Long (Executive Director) were granted 130,000 , 175,000 and 100,000 options respectively over ordinary shares of 1 penny each under the Mears 2008 Long Term Incentive Plan ("2008 LTIP").

These options were granted with an exercise price of one pence per share and are exercisable between 2013 and 2020 dependent upon the satisfaction of certain performance criteria under the terms of the 2008 LTIP.

Following this grant of options, Andrew Smith, David Miles and Alan Long have the following interests in the ordinary shares of Mears:

No of Ordinary Shares

% of total voting rights

No of options

Andrew Smith

50,000

0.06

578,481

David Miles 

100,000

0.12

629,954

Alan Long 

4,108

0.00

411,680

Enquiries:

 

 

Mears Group PLC

Bob Holt, Chief Executive

Tel: +44(0)7778 798 816

Andrew Smith, Finance Director

Tel: +44(0)7712 866 461

Joint Broker - Investec, Keith Anderson/Daniel Adams

Tel: +44(0)20 7597 5970

Joint Broker - Collins Stewart, Mark Dickenson/Piers Coombs

Tel: +44(0)20 7523 8350

 

 

 

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