Focus Solutions Group PLC
04 January 2007
Focus Solutions Group plc ("Focus Solutions" or the "Company")
Notification of Director Shareholdings
Issue of Options
At a Board Meeting today, approval was given for the granting of the following
options to directors:
Richard Stevenson (Chief Executive) - 251,022 Ordinary Shares under the
Unapproved scheme, exercisable at nil pence per share.
Frank Murray (Chief Technology Officer) - 165,155 Ordinary Shares under the EMI
scheme and 100,481 under the Unapproved scheme, exercisable at 48.5 pence per
share.
Martin Clements (Finance Director) - 55,272 Ordinary Shares under the EMI scheme
and 68,683 under the Unapproved scheme, exercisable at 48.5 pence per share.
The options may be exercised between three and ten years after the date of the
grant.
The options are subject to a stringent performance condition. The options cannot
be exercised unless and until the share price of Focus Solutions exceeds 63.05
pence per share (averaged over a 90 day period). The entire option lapses if the
target share price is not achieved within 91 days of the date the Company
announces its annual results for the year ending 31 March 2010.
Following the grant of the options, Richard Stevenson holds options over
1,145,694 Ordinary Shares, Frank Murray holds total options over 429,635
Ordinary Shares and Martin Clements holds total options over 429,635 Ordinary
Shares.
Martin Clements
Company Secretary
4th January 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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