Director/PDMR Shareholding

RNS Number : 5448G

Spice PLC

23 October 2008

 



23 October 2008

Spice plc

("Spice" or "the Company")

PDMR - Grant of share options

Spice, the provider of Total Utility Support Services, announces that share options over ordinary shares of 2 pence each, in the Company, have been granted today under the terms of the Company's Non Approved Share Option Plan to the following persons discharging managerial responsibility:

Name	Number of shares subject to option	Option exercise price	Total number of options held under all schemes
Mark Porter	175,000	£0.9575	175,000
Chris Sharples	262,500	£0.9575	262,500

The vesting of these options is subject to the achievement of total shareholder return and earnings per share performance conditions, and may be exercised in the period from October 2011 to October 2018. Nil consideration is payable in respect of the grant of options.

Ends

Enquiries:

Spice plc  -  Tel: [phone]

Simon Rigby, Chief Executive Officer

Oliver Lightowlers, Group Finance Director

Andy Catchpole, Group Strategy and Development Director

Financial Dynamics  -  Tel: [phone]

Billy Clegg

Caroline Stewart  

KBC Peel Hunt (Broker)  -  Tel: [phone]

Julian Blunt 

Notes to Editors

Spice plc
Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, though the range of activities has since been expanded into the water sector, niche telecommunications services, statutory gas inspections, energy management and facilities management. Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.

 

END

 

 

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