Braemar Group PLC
13 June 2007
13 June 2007
Braemar Group plc
('Braemar' or the 'Group')
Issue of share options
Braemar Group plc announces that the following share options over new ordinary
shares of 1p each have been issued today to directors under the rules of its
share option schemes:
Marc Duschenes, Chief Executive 568,975,
equivalent to 0.5% of the issued share capital of the Company
Martin Robinson, Executive Chairman 568,975,
equivalent to 0.5% of the issued share capital of the Company.
Jonathan Murphy, Finance Director 1,113,950,
equivalent to 1.0% of the issued share capital of the Company
In addition, a total of 1,250,000 share options have been issued to members of
staff, equivalent to 1.10% if the issued share capital of the Company.
All the options are exercisable at a price of 3.25 pence per share. The options
may not be exercised until the third anniversary of the date of grant.
The options granted to Marc Duschenes are under the rules of the Company's
unapproved share option scheme. All other options have been granted under the
rules of the Company's approved share option scheme.
No other options have been granted over the ordinary share capital of the
Company.
In addition to the options above, the Directors' holdings of existing ordinary
shares are:
Marc Duschenes, 21,254,999 ordinary shares, representing 18.65% of the issued
share capital
Martin Robinson, 4,446,667 ordinary shares, representing 3.90% of the issued
share capital
Jonathan Murphy, 1,043,028 existing ordinary shares, representing 0.92% of the
issued share capital.
For further information contact:
Marc Duschenes, Chief Executive, Braemar Group plc
0161 929 4969
Martin Robinson, Chairman, Braemar Group plc
0161 929 4969
Julie Serrage, Investor Relations, Braemar Group plc
0161 929 4969
Alex Clarkson, Zeus Capital Limited
0161 831 1512
This information is provided by RNS
The company news service from the London Stock Exchange
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