3 Oct 2008 09:29
Wynnstay Group plcΒ
(the "Company")
Grant of Share OptionsΒ
The Company announces that, pursuant toΒ various option schemes approved by shareholders, it has grantedΒ 803,659Β options to subscribe for ordinary shares ofΒ 25p each in the capital of the Company ("Options")Β at exercise prices ranging from Β£0.25 to Β£2.53 per share,Β exercisable between September 2013 and August 2018.Β
Included in this total were:
a)Β 14,055 OptionsΒ granted to directors of the CompanyΒ under the Save As You EarnΒ ("SAYE")Β all employee share scheme, exercisable between September 2013 and February 2014 at an exercise price of Β£2.20 per share;Β and
Β
b)Β 118,000 Options granted to directors of the CompanyΒ under the Long Term Performance Related Unapproved Share Option Scheme ("LTPRUSOS") exercisable between October 2013 and March 2014Β at an exercise price of Β£0.25 per shareΒ on condition that certain financial targets relating to earnings per share and market capitalisation have been achieved by the Company;Β as follows:
|
Name |
LTPRUSOSΒ Options |
SAYEΒ Options |
|
MrΒ K.R.Β Greetham |
54,000 |
5,918 |
|
MrΒ B.P. Roberts |
36,500 |
2,219 |
|
MrΒ D.A.T. Evans |
27,500 |
5,918 |
For further details please contact:
|
MrΒ PaulΒ Roberts, Wynnstay Group plc MrΒ DavidΒ Youngman, WH Ireland Limited |
Tel: 01691 828512 Tel: 0161 832 2174 |
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