Grant of Director Options

RNS Number : 7728V
Conister Financial Group plc
02 June 2008
 





FOR IMMEDIATE RELEASE                                                                                               2 June 2008



Conister Financial Group plc (the 'Company' or CFG)


Grant of Options




On 30 May 2008, Conister Financial Group plc (the 'Company') granted share options over 1,000,000 Ordinary Shares of 25p each, representing 2.0% of the issued share capital. The exercise price of the options is 70p and they are exercisable on certain performance criteria being met. The grant comprised 500,000 share options for Mr FA Banks, Chief Executive Officer and 500,000 share options for Mr C Johnstone, Interim Finance Director, although not a Director of the Company; neither held options prior to this grant.  


They were granted under the Employee Share Option Scheme 2003 which was approved by Shareholders at the AGM on 29 April 2003.



Enquiries



For further information, please contact:


Conister Financial Group plc

Arron Banks / Chris Johnstone 

Tel 07918 608480



Beaumont Cornish Limited

Roland Cornish 

Tel +44 (0) 20 7628 3396 





This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSZLLFBVQBZBBD
UK 100