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