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Grant of Options

13 Apr 2015 14:53

RNS Number : 0496K
Safestyle UK PLC
13 April 2015
 

Safestyle UK plc

 

("Safestyle", the "Group", or the "Company")

 

Grant of Options

 

Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, announces that on 1 April 2015 the Company granted to Steve Birmingham (Chief Executive Officer) and Mike Robinson (Group Financial Officer) an aggregate 183,496 options over ordinary shares in the Company under the terms of the Safestyle UK plc 2015 Executive Share Option Plan.

 

The exercise price of 178.75p is equivalent to the closing mid-market price of an ordinary share on 31 March 2015. The options are subject to the achievement of performance conditions and are exercisable from 1 April 2018 to 1 April 2025.

 

Director

 

Grant of new options over ordinary shares

 

Exercise price

Total number of options over ordinary shares

Director's interest in the Company's issued share capital (exc. options)

 

Steve Birmingham

 

97,902

178.75p

681,235

3,888,889

Mike Robinson

 

85,594

178.75p

1,057,816

25,000

 

 

Enquiries

 

Safestyle UK plc

Tel: 0203 727 1000

Steve Birmingham (Chief Executive Officer)

Mike Robinson (Chief Financial Officer)

Zeus Capital (Nominated Adviser & Broker)

Tel: 0207 533 7727

Nicholas How / Ross Andrews

FTI Consulting (Financial PR)

Tel: 0203 727 1000

Oliver Winters / Alex Beagley / James Styles

 

 

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