21 October 2009
STAFFLINE GROUP PLC ("STAFFLINE" OR THE "COMPANY")
Directors Share Option Grant
Staffline announces that it has made an issue of share options to its directors under its existing EMI scheme.
The Company has granted 150,000 share options to each of the Executive Directors, being Andy Hogarth, Marshall Evans, Tim Jackson and Shaun Brittain, subject to certain performance criteria. The award is dependent on the growth in earnings per share from the base of level in the period to 31st December 2008 to that achieved for the year to 31st December 2012. The maximum award would only vest if the earnings per share doubled in this period. The options have been granted at an exercise price of 47.5p. This is part of a total award of 900,000 share options to incentivise the wider management team.
For further information, please contact:
For further information, please contact: |
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Staffline Group plc |
0115 950 0885 |
Tim Jackson, Finance Director |
07720 458626 |
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Altium |
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Phil Adams / Paul Lines |
0161 831 9133 |
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Smithfield |
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Reg Hoare / Rebecca Whitehead |
020 7360 4900 |