Grant of Share Options to Directors

RNS Number : 5732E
Corac Group Plc
10 April 2014

 

 

10 April 2014

CORAC GROUP PLC

("Corac" or the "Company")

 

Grant of Share Options to Directors

The Company announces that on 9 April 2014, options were granted to the following directors of the Company:

Name

No. of Options Granted

 

Total No. of Options Held

 

 

 

 

 

 

Phil Cartmell

4,000,000

 

9,300,000

Jon Carter

2,000,000

 

2,500,000

Mark Crawford

2,000,000

 

4,750,000

Julia Henderson

250,000

 

250,000

 

 

 

 

 

8,250,000

 

16,800,000

 

All options will be exercisable at a price of 10p, subject to performance criteria for the executive directors Mr Cartmell, Mr Carter and Mr Crawford.    The options will vest over three years in three equal tranches and will be exercisable between 9 April 2015 and 9 April 2024.

 

For further information please contact:

Corac Group plc
Rohan Courtney OBE, Chairman of Remuneration Committee

Philip Cartmell, Chief Executive Officer

Jon Carter, Chief Finance Officer

www.corac.co.uk

01753 285 800

Cenkos
Ivonne Cantú- Nomad
Jeremy Warner-Allen - Sales


020 7397 8980

MHP Communications
Reg Hoare / Vicky Watkins / Naomi Lane

020 3128 8100

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange

 

END