Award of Share Options

10 Mar 2008 15:02

AEC Education plc10 March 2008 10th March 2008 AEC Education plc ("AEC" or "the Company") Award of Share Options AEC announces that on 10th March 2008 it granted William Swords, Chairman andDavid Ho, Chief Executive options over 200,000 ordinary shares and 250,000ordinary shares respectively (in accordance with the terms of the Company'sUnapproved Share Option Plan). The options held by Mr. Swords and Mr. Ho following this grant are as follows: Name Number of Unapproved Options granted Exercise PriceWilliam Swords 200,000 10pDavid Ho 250,000 10p The Options will not vest until the 1st August 2009 but must be exercised by the 28th February 2013, after which date they lapse. The issued share capital of the Company is 18,008,738 ordinary shares of 10p each. - END - For further information please visit www.aeceduplc.co.uk or enquire to: William SwordsChairman AEC PlcTel: (44) 20 8308 1202 Mr Haider M SithawallaAEC Edu Group Pte LtdTel: (65) 6412 0732/33Fax: (65) 6412 0747Email: hmsithawalla@aec.edu.sg Nabarro Wells & Co LimitedTel: +44 (0) 20 7710 7400David Nabarro, Natasha Reed This information is provided by RNS The company news service from the London Stock Exchange