ARC International plc
Notification of transactions of directors
16 May 2007
ARC International plc ("the Company")
On 26 February 2004 the Company awarded Carl Schlachte, Chief Executive Officer,
1,500,000 restricted Ordinary Shares subject to certain performance criteria.
The performance criteria in relation to the fourth tranche of those restricted
Ordinary Shares outlined above has been met and accordingly, on 15 May 2007, the
Company released 375,000 Ordinary Shares to Carl Schlachte.
On 15 May 2007, the Company awarded the following share options over 0.1p
Ordinary Shares with an exercise price of 0.1p under terms of the Performance
Share Plan approved by shareholders at the AGM on 3 April 2007, the options can
be exercised after 3 years subject to certain performance criteria:
-0-
*T
Carl Schlachte - Chief
Executive Officer 236,842
Derek Meyer - Chief Operating
Officer 164,473
Victor Young - Chief Financial
Officer 105,263
*T
Following this release, Carl Schlachte holds 781,364 Ordinary Shares
representing 0.51% of the issued share capital and options over 2,736,842
Ordinary Shares representing 1.64 % of the issued share capital, Derek Meyer
holds options over 914,473 Ordinary Shares representing 0.60 % of the issued
share capital, and Victor Young holds options over 1,505,263 Ordinary Shares
representing 0.99 % of the issued share capital.
Contact
Matt Dixon Financial Dynamics 020 7831 3113
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