15 Aug 2008 13:56
Greggs plc (Company) announces that, on 15 August 2008, the following director of the Company purchased ordinary shares of 20p each in the capital of the Company (Shares) and was granted nil cost options over Shares, all pursuant to the Greggs plc Long Term Incentive Plan 2006 (Scheme).
Kennedy McMeikan
5,316 Shares purchased at £37.62 per Share
Nil cost options granted over 18,021 Shares
The performance target in relation to the nil cost options are a growth in Earnings per Share at +3% above RPI to entitle the option holder to 50% of the total number of options granted and growth in Earnings per Share at +10% above RPI to entitle the option holder to 100% of the total number of options granted. For Earnings per Share growth between +3% and +10% above RPI a pro rated scale of between 50% and 100% will be applied.
Following these purchases and grants, the director (and his connected persons) has the following interests in the share capital of the Company (excluding options):
Kennedy McMeikan
5,316 (0.05%)
Greggs (GRG)