Grant of share options

RNS Number : 2513I

Lookers PLC

15 June 2017

 

15 June 2017

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 13 June 2017.

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 25 May 2017.

The Options have been granted over a total of 909,794 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                                            450,612

Robin Gregson                                        229,591

Nigel McMinn                                          229,591

Enquiries:

Lookers

Robin Gregson, Chief Financial Officer                                           Tel: [phone]

Bell Pottinger

Victoria Geoghegan                                                                     Tel: [phone]

Nick Lambert

Zara de Belder

 

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