Blur Group PLC Grant of Options (0699C)

TIDMBLUR

RNS Number : 0699C

Blur Group PLC

13 October 2015

blur Group plc

("blur Group", the "Group" or the "Company")

Grant of Options

blur Group plc (AIM:BLUR), the world's leading enterprise services platform and marketplace, announces today that the Board has approved the Remuneration Committee's recommendation to grant Roger de Peyrecave, Non-Executive Director, 30,000 options and Robert Wirszycz, Non-Executive Director, 37,500 options on 12 October 2015 all over ordinary shares of 1p each in the Company ("Ordinary Shares").

These options become exercisable after a period of four years from the date of grant, subject to market based performance criteria, and pursuant to the rules of the Company's Share Option Plan. To the extent the performance criteria are met the options have an exercise price of GBP0.30 per share, being the closing mid-market price of the Company's Ordinary Shares as at Monday 12 October 2015.

For further information please contact:

blur Group plc [e-mail]

Tim Allen Tel: [phone]

N+1 Singer

Shaun Dobson/Jen Boorer Tel: [phone]

Yellow Jersey PR

Dominic Barretto/Alistair de Kare-Silver Tel: [phone]

About blur Group plc at blurgroup.com

blur Group operates the world's first Enterprise Services Platform and Marketplace. To date over 65,000 businesses have adopted blur to buy or sell services online, including companies like, Tesco, GE, Danone, Daily Mail Group, Argos and PwC submitting over $450m of services requirements to blur Group's platform.

blur Group is a public company listed on the London Stock Exchange's AIM market (BLUR) and is headquartered in the UK with regional sales offices in the US and Europe.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 13, 2015 03:28 ET (07:28 GMT)