29 May 2012 17:33
Portmeirion Group PLC
(the "Company")
(the "Group")
Exercise of Options
29 May 2012
The Company announces that on 29 May 2012 two directors of the Company exercised options under The Portmeirion 2002 Share Option Scheme to subscribe for a total of 83,700 ordinary shares of 5p each in the Company ("Ordinary Shares").
The options were exercised by directors of the Company as follows:
Director | Number of Ordinary Shares acquired | Exercise Price per share |
L. Bryan (Chief Executive) | 70,000 | £1.975 |
M. Haynes (Group Sales & Marketing Director) | 13,700 | £1.975 |
The total number of Ordinary Shares which the Director holds following this notification (including the shares above) is:
Total number Ordinary Shares held | % of issued share capital | |
L. Bryan | 326,523 | 3.16 |
M. Haynes | 45,000 | 0.44 |
The Company has transferred 85,700 shares from a number of shares held in treasury by the Company in respect of the above exercises and one other exercise by an employee of the Group. The total number of Ordinary Shares now held by the Company in treasury is 412,518. The Company has 10,752,174 Ordinary Shares in issue and 10,339,656 Ordinary Shares with voting rights following this notification.
ENQUIRIES:
Portmeirion Group PLC: | ||
Dick Steele | +44 (0) 1782 744 721 | steele_clan@msn.com |
Non-executive Chairman | ||
Brett Phillips, | +44 (0) 1782 744 721 | bphillips@portmeiriongroup.com |
Group Finance Director | ||
Seymour Pierce Limited (Nominated Adviser and Broker): | ||
Freddy Crossley | +44 (0) 207 107 8000 | freddycrossley@seymourpierce.com |
Catherine Leftley | catherineleftley@seymourpierce.com | |
Corporate Broking: | ||
David Banks | +44 (0) 207 107 8011 | davidbanks@seymourpierce.com |
Katie Ratner | +44 (0) 207 107 8058 | katieratner@seymourpierce.com |
Pelham Bell Pottinger: | ||
Dan de Belder | +44 (0) 207 861 3881 | ddebelder@pelhambellpottinger.co.uk |
Lucy Frankland | +44 (0) 207 861 3885 | lfrankland@pelhambellpottinger.co.uk |
Portmeirion (PMP)