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Thorpe(F.W.) PLC (TFW)

Thorpe(F.W.) PLC

Grant of Options
RNS Number : 2885V
Thorpe(F.W.) PLC
24 October 2014
 



F W Thorpe Plc

("F W Thorpe" or the "Company")

Grant of Options

 

Following approval of the Executive Share Ownership Plan at the General Meeting held on 18 July 2014, a total of 1.7 million share options over ordinary shares of one penny each in the Company ("Share Options") have been granted to Directors of the Company and senior management. 

 

The following Share Options have been granted to Directors of the Company:

 

Option holder

Number of
Share Options

A. Thorpe

200,000

M. Allcock

200,000

C. Muncaster

200,000

A. Cooper

200,000

D. Taylor

200,000


1,000,000

 

The Directors do not hold any other share options in the Company and there has been no other change to their beneficial holdings as a result of the grant of Share Options.

 

The Share Options represent 1.5 per cent of the shares in issue with voting rights, comprising 115,675,590 ordinary shares.

 

The Share Options issued are exercisable at a price of 124 pence each.

 

For further information in relation to the Executive Share Option Scheme, including the performance conditions, please refer to the Company's circular dated 16 June 2014 which is available at the Company's website http://www.fwthorpe.co.uk/.

 

For further information please contact: 

 

F W Thorpe Plc

Andrew Thorpe - Chairman                                                                                  Tel:  01527 583200

Craig Muncaster - Group Financial Director                                                           Tel:  01527 583200

 

N+1 Singer - Nominated Adviser

Richard Lindley / James White                                                                             Tel:  020 7496 3000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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