Xpertise Group PLC News
Grant of Options
09 April 2008
The Board of Xpertise Group PLC (AIM: XPG) announces that on 7 April 2008 a total of 600,000 Options over the Company’s Ordinary Shares were granted to executive directors of the Company and a subsidiary training company, pursuant to the existing Xpertise Group PLC EMI Share Option Scheme and the existing Xpertise Group PLC Unapproved Share Option Scheme.
The Options were granted with an exercise price of 94p subject to satisfaction of challenging performance criteria which requires an improvement in earnings per share (as specifically defined for this purpose) of 30% per annum in each of the years 2008, 2009 and 2010 for all the Options to vest.
Following the grant, the interests of Directors in Options are as follows:
|
Name: |
Options Granted: |
Total Options: |
|
|
|
|
|
Ian Johnson, Managing Director |
190,000 |
265,000 |
|
Ben Pike, Learning Services Director |
90,000 |
131,250 |
|
Bill Walker, Technical Director |
90,000 |
131,250 |
Save for the above the Directors’ beneficial interests remain unchanged and as previously announced.
For further information:
Xpertise Group PLC
- Richard Last, Chairman Tel: 01608 683108
- Ian Johnson, Managing Director Tel: 0113 382 6150
Daniel Stewart & Company plc
- Simon Leathers/Tessa Smith Tel: 020 7776 6550