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ILX ILX

8.375
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
ILX LSE:ILX London Ordinary Share GB0033422824 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.375 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Grant of Share Options (2948F)

20/04/2011 3:45pm

UK Regulatory


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RNS Number : 2948F

ILX Group PLC

20 April 2011

ILX Group PLC

("ILX" or the "Group")

GRANT OF SHARE OPTIONS

ILX Group plc (AiM: ILX), announces that additional share options have today been granted to Ken Scott and Jon Pickles in respect of remuneration sacrificed during the 2010/11 financial year. The options granted are zero cost options over the Company's ordinary shares of 10p each, and have been calculated using the 26.5p price at which Octopus invested GBP900,000 in November 2010.

Ken Scott sacrificed GBP90,348 during the year and has therefore been granted options over 340,936 shares. Jon Pickles sacrificed GBP24,267 during the year and has therefore been granted options over 91,574 shares.

Following these grants, the Directors have the following shares under option:

 
                                  %age of issued share 
                   Options held    capital 
 Ken Scott         1,505,936      5.6% 
                  -------------  --------------------- 
 Jon Pickles       651,574        2.4% 
                  -------------  --------------------- 
 Eddie Kilkelly    320,000        1.2% 
                  -------------  --------------------- 
 TOTAL             2,477,510      9.2% 
                  -------------  --------------------- 
 

The options above have been granted over shares issued to the Company's medium term incentive trust which currently holds 1,930,981 ordinary shares and hence are dilutive only to the extent that they exceed that figure.

20 April 2011

For further information, please contact:

 
 ILX Group plc                                 020 7751 7100 
 Ken Scott, Chief Executive 
 FinnCap                                       020 7600 1658 
 Marc Young, Charlotte Stranner - Corporate 
  Finance 
  Tom Jenkins, Joanna Weaving - Corporate 
  Broking 
 Lothbury Financial Services Limited           020 7868 2010 
 Michael Padley / Chris Roberts 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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