Grant of Share Options to a Director [RDS]

RNS Number : 7818O
Corac Group Plc
25 September 2013

 

 

25 September 2013

CORAC GROUP PLC

("Corac" or the "Group")

Grant of Share Options to a Director

 

Corac Group plc announces that Jon Carter, Group Chief Financial Officer, has been granted options over 500,000 ordinary shares, which will be exercisable at a price of 13.58p.  The options will vest over three years in three equal tranches and will be exercisable between 24 September 2014 and 24 September 2023. Following the transaction, Jon Carter holds options over 500,000 ordinary shares.

Ends

For further information please contact:

Corac Group plc

www.corac.co.uk

Phil Cartmell, Chief Executive Officer

01753 285 800

Mark Crawford, Chief Operations Officer

 

Cenkos

 

Ivonne Cantú / Elizabeth Bowman - Nomad

020 7397 8980

Jeremy Warner-Allen - Sales

 

MHP Communications

020 3128 8100

Reg Hoare / Vicky Watkins