Director/PDMR Shareholding

RNS Number : 1942H

Christie Group PLC

15 May 2014

 



15 May 2014

Christie Group plc

("Christie Group" or the "Company")

Director / PDMR Shareholding

Christie Group plc (CTG.L), the leading provider of Professional Business Services and Stock & Inventory Systems & Services to the leisure, retail and care markets, is pleased to announce that, upon the recommendation of the Company's Remuneration Committee, the Board has agreed to grant options over 100,000 Christie Group ordinary shares of 2p each (the "Options") to the following Executive Director:

Director	Number of options awarded	Percentage of issued share capital	Exercise price	Exercise period
Paul Harding	100,000	0.38%	116.5p	15 May 2014 - 15 May 2024

The Options are issued as Unapproved Share Options under the Christie Group plc 2007 Company Share Option Plan ("CSOP") and as part of a Long Term Incentive Plan for Mr Harding.  The Options will vest on or after 15 May 2017 subject to satisfaction of the performance conditions contained within the terms of the CSOP.  The exercise price of 134.5pence per ordinary share represents the closing mid market price of Christie Group ordinary shares on 14 May 2014, being the date prior to grant.

Following grant of the Options, Mr Harding has options over a total of 225,000 ordinary shares of 2p each in the Company. In addition, Mr Harding has a beneficial holding of 212,870 ordinary shares representing approximately 0.8% of the current issued share capital of the Company.

Enquiries:
 

Christie Group plc
David Rugg                                                                                                                                           020 7227 0707

Chief Executive

Charles Stanley Securities:

Russell Cook / Carl Holmes                                                                                                           020 7149 6000

Nominated Adviser & Broker

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services group with 43 offices across the UK, Europe and Canada, catering to its specialist markets in the leisure, retail and care sectors.

Christie Group operates in two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie + Co, Christie Finance, Christie Insurance and Pinders: SISS - Orridge, Venners and Vennersys.

Tracing its origins back to 1846, the Group has a long established reputation for offering essential services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems and online ticketing services, stock audit and inventory management. The diversity of these services is intended to provide a natural balance to Group's core agency business.

For more information, please go to www.christiegroup.com.

 

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