UNG.L Regulatory News (UNG)

27 Jun 2007 15:55

Universe Group PLC27 June 2007 27 June 2007 Universe Group PLC ("Universe Group" or the "Company") Grant of Options / Directors Dealings The Board of Universe Group announces that it has today granted the followingoptions to Directors of the Company: 1. Pursuant to the Universe Unapproved Share Option Scheme, 1,250,000options exercisable at 8p per share to the Chairman, John Scholes. 2. Pursuant to the Universe Enterprise Management Incentive Scheme,1,250,000 options exercisable at 8 pence per share to the Chief ExecutiveOfficer, Paul Cooper. 3. Pursuant to the Universe Enterprise Management Incentive Scheme,625,000 options exercisable at 8 pence per share to the Finance Director, EdwinPaul. 4. Pursuant to the Universe Enterprise Management Incentive Scheme,625,000 options exercisable at 8 pence per share to the Operations Director,Adrian Grinsell. All options were granted by the remuneration committee on 27 June 2007. Alloptions are exercisable at any time between 27 June 2007 and 27 June 2017. In addition the Company announces that it yesterday transferred 274,516 ordinaryshares in the Company from the Long Term Incentive Plan ("LTIP") to certaindirectors and employees of Universe Group, satisfying awards under the Company'sLTIP. Following the grant of the options and the LTIP award, the directors have thefollowing interests: Director Number of Total number of % of issued share Ordinary Current share % of issued options shares under capital shares awarded holding share capital granted option from LTIP John Scholes 1,250,000 1,250,000 1.09 - 365,000 0.32Paul Cooper 1,250,000 1,250,000 1.09 - 215,000 0.19Edwin Paul 625,000 625,000 0.54 25,451 204,951 0.18Adrian Grinsell 625,000 625,000 0.54 39,239 196,658 0.17 For further information please contact: Universe Group plc Charles Stanley Securities Tavistock Communications Nominated AdviserJohn Scholes, Chairman Russell Cook John West Paul Cooper, Chief Executive Carl Holmes Andrew DunnTel: 02380 689510 Tel: 020 7149 6000 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange