3 Apr 2009 08:18
For release on 3 April 2009
TRICORN GROUP PLC (the "Company")
Grant of Options
On 31 March 2009, the Company granted Phillip Lee, the Company's Finance Director, options over 500,000 ordinary 10p shares in the capital of the Company (the "Shares") pursuant to its Enterprise Management Incentives Option Scheme. Subject to the terms and conditions of the option agreement, 250,000 Shares will vest on 19 April 2009 with 250,000 Shares vesting on 19 January 2010, in each case with an exercise price of 10p per Share.
For further information please contact:
Tricorn Group Plc
Michael Greensmith, Company Secretary +44 (0)1531 632226
Mike Welburn, Chief Executive +44 (0)1684 569956
corporate@tricorn.uk.com
Collins Stewart Europe Limited
Adam Cowen +44 (0)20 7523 8350