Share Option Scheme - Grant of Options

RNS Number : 1072S

Clarke(T.) PLC

15 November 2011

 



T.CLARKE PLC

Savings Related Share option Scheme - grant of options

On 8 November 2011, directors of the Company were granted options over ordinary shares of 10p each in the capital of the Company ("shares") under the T.Clarke plc Savings Related Share option Scheme ("the Scheme"). 

Details of the directors and the number of shares over which options were granted to them under the Scheme are as follows:

Director	Number of shares under option	Option exercise price per share
Mark Lawrence	6,750	40p
Mike Crowder	6,750	40p
Martin Walton	6,750	40p

No consideration was paid for the grant of the options.

Options may normally be exercised during the six months following the Maturity Date at the end of the three-year savings period.  The Maturity Date is 1 January 2015.

Following the grant of the options under the Scheme these individuals hold the following beneficial interests in the issues share capital of the Company.

Director	Beneficial interest in the shares of the Company	% of the issued share capital of the Company	Number of conditional share awards held under the LTIP	Total number of shares under option
Mark Lawrence	20,000	Less than 0.1%	85,000	6,750
Mike Crowder	12,000	Less than 0.1%	85,000	6,750
Martin Walton	10,000	Less than 0.1%	85,000	6,750

For further information contact:

T. Clarke plc Mark Lawrence, Chief Executive   Martin Walton, Finance Director	Tel: [phone]
City Profile Simon Courtenay	Tel: [phone]

 

END

 

 

RDSDKPDBCBDKNDD