Grant of Share Options

 

TIDMEFD 
 
RNS Number : 4764P 
Eatonfield Group plc 
16 July 2010 
 

16 July 2010 
 
                              Eatonfield Group PLC 
 
                        ("Eatonfield" or "the Company") 
 
                             Grant of Share Options 
 
The board of Eatonfield announces that on 12 July 2010, the Company granted 
Brian Corfe (Executive Chairman) and Duncan Syers (Group Finance Director) 
options ("the Options") over Ordinary Shares of 1 penny each ("Ordinary Shares") 
in the issued share capital of the Company. The Options were granted under the 
Company's Approved Share Option Scheme ("the Approved Scheme") and Unapproved 
Share Option Scheme ("the Unapproved Scheme"). The Options were granted for 
GBPnil consideration and are capable of exercise between 12 July 2013 and 12 
July 2020. The Options can be exercised subject to the appreciation in the 
Company's share price between grant date and exercise date exceeding growth in 
the retail price index over the same period. The Options have an exercise price 
of 1 penny per Ordinary Share. 
 
The number of Options granted, together with the resultant beneficial interests 
of Mr Corfe and Mr Syers in the issued share capital of the Company, are as 
follows: 
 
+----------+-----------+------------+------------+-----------+------------+ 
|          |           |            |            |           |            | 
|          |           |            |      Total |           |        No. | 
|          |           |            |     no. of |           |   Ordinary | 
|          |           |            |    Options |           |     Shares | 
|          |    No. of |     No. of |    granted |           |  currently | 
|          |   Options |    Options |      under |       No. |  held as a | 
|          |   granted |    granted |        the |  Ordinary | percentage | 
|          |     under |      under |   Approved |    Shares |     of the | 
|          |       the |        the |     Scheme | currently |  Company's | 
|          |  Approved | Unapproved |    and the |      held |     issued | 
|          |    Scheme |     Scheme | Unapproved |           |      share | 
|          |           |            |     Scheme |           |    capital | 
+----------+-----------+------------+------------+-----------+------------+ 
|          |           |            |            |           |            | 
| Brian    | 3,000,000 |  7,000,000 | 10,000,000 |         - |          - | 
| Corfe    |           |            |            |           |            | 
+----------+-----------+------------+------------+-----------+------------+ 
|          |           |            |            |           |            | 
| Duncan   | 3,000,000 |  7,000,000 | 10,000,000 |   800,000 |      0.23% | 
| Syers    |           |            |            |           |            | 
+----------+-----------+------------+------------+-----------+------------+ 
 
 
                                    - Ends - 
 
For further information please contact: 
 
+--------------------------------------+-------------------------+ 
| Eatonfield Group PLC                 |                         | 
+--------------------------------------+-------------------------+ 
| Duncan Syers, Group Finance Director |   Tel: [phone] | 
|                                      |                     910 | 
+--------------------------------------+-------------------------+ 
| Rob Lloyd, Chief Executive           |                         | 
|                                      |                         | 
+--------------------------------------+-------------------------+ 
| Evolution Securities Limited         |                         | 
+--------------------------------------+-------------------------+ 
| Joanne Lake / Peter Steel            |    Tel: [phone] | 
|                                      |                    1619 | 
+--------------------------------------+-------------------------+ 
 
+--------------------------------------+-------------------------+ 
| Optiva Securities Limited            |     Tel: [phone] | 
|                                      |                    1904 | 
+--------------------------------------+-------------------------+ 
| Jeremy King                          |                         | 
+--------------------------------------+-------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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