The Rathbone Savings Related Share Option Plan
On 29 April 2016, options over Rathbone Brothers Plc ordinary shares of 5p were granted with an exercise price of £16.48 in accordance with the rules of the H.M. Revenue and Customs approved Rathbone Savings Related Share Option Plan 2009. The price of £16.48 was the closing mid-market price on 5 April 2016 of £20.59 (less a 20% discount), set prior to the 6 April 2016 invitation date.
Options were granted to the following directors and persons discharging managerial responsibility (PDMRs). Options are exercisable at the end of a three or five year savings contract commencing on 1 June 2016.
Director/PDMR | Number of shares over which option granted | Scheme duration |
Richard Smeeton | 546 | 3 Years |
Robert Paul Stockton | 273 | 3 Years |
Ivo Donald Stuart Clifton | 910 | 5 Years |
Ali Johnson