29 June 2015
Lookers plc
Grant of share options under the Lookers plc Long-Term Incentive Plan
The Board of Directors of Lookers plc ("Lookers" or the "Company") announces that, following approval by the Company's Remuneration Committee, the Company granted options to certain directors (the "Options") on 25 June 2015.
The Options have been granted pursuant to the rules of the Lookers plc Long-Term Incentive Plan (the "plan") which were approved by the Company's shareholders on 29 May 2015.
The Options have been granted over a total of 868,175 ordinary shares of £0.05 each in the capital of the Company ("Shares").
In normal circumstances, the Options are exercisable three years from the date of grant (to the extent to which the performance criteria have been met).
Name |
Number of Shares under option |
Andy Bruce |
274,615 |
Neil Davis |
173,792 |
Robin Gregson |
209,884 |
Nigel McMinn |
209,884 |
Enquiries:
Lookers plc |
Telephone: 0161 291 0043 |
Robin Gregson, Finance Director |
|
|
|
Tavistock |
Telephone: 020 7920 3150 |
Keeley Clarke / Emma Blinkhorn |
|