Director's Dealing

RNS Number : 1124T

Impax Asset Management Group plc

30 November 2011

 



30 November 2011

Impax Asset Management Group plc

Director's Dealing

Further to the new Employee Share Option Plan announced by Impax Asset Management Group plc (the "Company") yesterday, the Company provides notification pursuant to Rule 17 of the AIM Rules that it has today approved the grant of options over 450,000 of the Company's ordinary shares to Ian Simm, the Chief Executive of the Company.

The options will vest, subject to continued employment, on 31 December 2014 and have an exercise price set at 110% of the average of the closing mid-market price of the Company's shares for each of the 30 consecutive business days following the announcement of the Company's results for the year ended 30 September 2011.

Enquiries: 

  Impax Asset Management Group plc

  Keith Falconer, Chairman

  Ian Simm, Chief Executive                                       020 7434 1122                           

  Execution Noble

  John Riddell, Director                                                020 7456 9191

  Andrew Fairclough, Director                                                     

 

END

 

 

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