11 Apr 2014 11:39
The Stanley Gibbons Group plc
("Stanley Gibbons" or the "Company")
Grant of Options
11 April 2014
Stanley Gibbons announces that on 10 April 2014 the following options over ordinary shares of 1p each in the Company were granted to Executive Directors for nil consideration under the Company's 2010 Share Option Plan. The share options, which were granted to Directors and senior executives at the closing mid-market price on Wednesday 9 April 2014 of £3.165 per share (the "Grant"), are exercisable subject to the extent that a performance condition based on absolute total shareholder return growth targets measured over three years from the date of grant are met.
Executive Director | No. of shares over which option granted | Exercise period | Total number of shares under option after grant |
Michael Hall | 157,977 | 10 April 2017 to 9 April 2024 | 600,454 |
Donal Duff | 112,164 | 10 April 2017 to 9 April 2024 | 309,960 |
Ian Goldbart | 126,382 | 10 April 2017 to 9 April 2024 | 236,574 |
John Byfield | 104,265 | 10 April 2017 to 9 April 2024 | 195,174 |
The Stanley Gibbons Group plc | |
Richard Purkis, Company Secretary | Tel: +44 (0) 1534 766711 |
www.stanleygibbons.com | |
Peel Hunt LLP, Nomad / Broker | |
Dan Webster/ Matthew Armitt/Richard Brown | Tel: +44 (0) 20 7418 8900 |
Tavistock Communications | |
Lulu Bridges/Teresa Towner | Tel: +44 (0) 20 7920 3150 |