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Last checked at 
24 Mar 2010 13:09
Mulberry Group plc
Grants under Deferred Bonus Plan
Mulberry Group plc ("Mulberry" or the "Company") today granted deferred ordinary shares of 5 pence each in the Company (the "Ordinary Shares") under Mulberry's Deferred Bonus Plan at a price of 194 pence per Ordinary Share. These grants relate to bonus payments awarded to the Directors and key employees in respect of the Company's performance for the financial year ending 31st March 2010. The deferred Ordinary Shares, which are held within the Mulberry Group plc Employee Benefit Trust, will vest on 30th June 2012.
The total number of Ordinary Shares subject to these grants are as follows:
|
|
Deferred Ordinary Shares granted under Deferred Bonus Plan today |
Total deferred Ordinary Shares granted under Deferred Bonus Plan to date |
|
Godfrey Davis |
24,330 |
48,932 |
|
Roger Mather |
19,768 |
35,922 |
|
Other key employees |
84,545 |
131,831 |
|
Total |
128,643 |
216,685 |
In addition to the grant of deferred Ordinary Shares under the Deferred Bonus Plan, a matching number of nil cost options have been awarded. The options in this grant will vest on the 30th June 2012 and are exercisable between 30th June 2012 and 30th June 2020.
|
|
Nil cost options granted today |
Nil cost options granted to date |
|
Godfrey Davis |
24,330 |
48,932 |
|
Roger Mather |
19,768 |
35,922 |
|
Other key employees |
84,545 |
131,831 |
|
Total |
128,643 |
216,685 |
Enquiries:
|
Pelham Bell Pottinger Kate Catchpole
|
Tel: +44 (0) 20 7337 1512 |
|
Altium Capital Ben Thorne / Melanie Szalkiewicz |
Tel: +44 (0) 20 7484 4187 |
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