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14 Mar 2011 18:29
RNS Number : 9278C
ARGO Group Limited
14 March 2011
Argo Group Limited ("Argo")
Grant of options
Argo announces that it has today granted options over 6 million shares to employees and directors under The Argo Group Limited Employment Stock Option Plan. The grants to directors are as follows:
Director | Number of options |
Michael Kloter | 500,000 |
Andreas Rialas | 1,000,000 |
Kyriakos Rialas | 750,000 |
David Fisher | 250,000 |
Kenneth Watterson | 250,000 |
All options are exercisable in four equal tranches over a period of four years at 24p per share.
Enquiries
Argo Group Limited
Kyriakos Rialas +357 22 668900
Panmure Gordon
Dominic Morley 020 7459 3600
This information is provided by RNS
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Argo Group (ARGO)
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