Exercise of Options

RNS Number : 3601E

Portmeirion Group PLC

29 May 2012

 



Portmeirion Group PLC

(the "Company")

(the "Group")

Exercise of Options

29 May 2012

The Company announces that on 29 May 2012 two directors of the Company exercised options under The Portmeirion 2002 Share Option Scheme to subscribe for a total of 83,700 ordinary shares of 5p each in the Company ("Ordinary Shares"). 

The options were exercised by directors of the Company as follows:

Director	Number of Ordinary Shares acquired	Exercise Price per share
L. Bryan (Chief Executive)	70,000	£1.975
M. Haynes (Group Sales & Marketing Director)	13,700	£1.975

The total number of Ordinary Shares which the Director holds following this notification (including the shares above) is:

	Total number Ordinary Shares held	% of issued share capital
L. Bryan	326,523	3.16
M. Haynes	45,000	0.44

The Company has transferred 85,700 shares from a number of shares held in treasury by the Company in respect of the above exercises and one other exercise by an employee of the Group.  The total number of Ordinary Shares now held by the Company in treasury is 412,518.  The Company has 10,752,174 Ordinary Shares in issue and 10,339,656 Ordinary Shares with voting rights following this notification.

ENQUIRIES:

Portmeirion Group PLC:
Dick Steele	[phone]	[e-mail]
Non-executive Chairman
Brett Phillips,	[phone]	[e-mail]
Group Finance Director
Seymour Pierce Limited (Nominated Adviser and Broker):
Freddy Crossley	[phone]	[e-mail]
Catherine Leftley		[e-mail]
Corporate Broking:
David Banks	[phone]	[e-mail]
Katie Ratner	[phone]	[e-mail]
Pelham Bell Pottinger:
Dan de Belder	[phone]	[e-mail]
Lucy Frankland	[phone]	[e-mail]

 

END

 

 

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