Grant of Options

RNS Number : 6965W

Inland PLC

23 November 2010

 



Inland plc

('Inland' or the 'Company')

Directors' Grant of Options

The Company announces that on 22 November 2010 a total of 3,000,000 options over the Company's ordinary shares of 10 pence each were granted to Stephen Wicks, CEO, and Nishith Malde, Finance Director,  (together, "the Directors") pursuant to the Inland PLC Employee Share Option Plan ("the Plan").

The options were granted for nil consideration with an exercise price of 18.25 pence per share (being the closing mid price on the date of grant) and are exercisable between 3 and 10 years from the date of grant.

As a result of these options being granted, the interests of the Directors in options under the Plan are as follows:

Director	Options granted	Total Options
Stephen Wicks	1,500,000	1,500,000
Nishith Malde	1,500,000	1,500,000

Enquiries:

Inland PLC
Stephen Wicks, Chief Executive	01494 762450
Nishith Malde, Finance Director
FinnCap Nominated Adviser & Broker
Matthew Robinson (Corporate Finance)	020 7600 1658
Simon Starr (Corporate Broking)
Buchanan Communications
Jeremy Garcia	020 7466 5000
Christian Goodbody

 

END

 

 

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