Share option awards

28 Apr 2005 09:05

ArmorGroup International plc28 April 2005 28 April 2005 ArmorGroup International plc Share option awards ArmorGroup International plc announces that as part of the broader award made toCompany management for exceeding the forecast for the 2004 year ExecutiveDirectors have received conditional share awards and option grants as set outbelow. Each award represents 1x salary and is a one-off award as set out in theListing Particulars at the time of the IPO in December 2004. Executive Share Option Scheme Director No of options grantedJerry Hoffman 97,010Dave Seaton 74,450Noel Philp 67,680Christopher Beese 58,660 These options, which are subject to performance conditions, were granted overordinary shares with an exercise price of 221.6p and are exercisable from 16March 2008 onwards. ArmorGroup Performance Share Plan Director No of conditional shares awardedJerry Hoffman 97,680Dave Seaton 74,970Noel Philp 68,150Christopher Beese 59,060 These conditional share awards, which are subject to performance conditions,were awarded over ordinary shares with a vesting price of 220.1p and vest from16 March 2008 onwards. Enquiries: ArmorGroup International plcDavid Seaton, Chief Financial Officer Tel: +44 (0) 20 7808 5800Nick Melson, Communications Manager Citigate Dewe RogersonPatrick Toyne Sewell/Sarah Gestetner Tel: +44 (0) 20 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange