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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Invocas | LSE:INVO | London | Ordinary Share | GB00B0ZGN364 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 0938E
Invocas Group plc
14 December 2009
14 December 2009
INVOCAS GROUP PLC
("Invocas" or the "Company")
Director Shareholding / Grant of Options
The Board of Invocas, one of the UK's leading debt solution companies, announces
that David Macmillan, Chief Executive, and Robbie Drummond, Group Finance
Director, have been granted 1,750,000 and
750,000 share options respectively.
The options are exercisable at 25.5 pence per share, based on the mid market
share price at the close of business 11 December 2009. Fifty percent of the
options are exercisable three years from the date of the grant, and fifty
percent five years form the date of grant, based on the condition that Mr.
Macmillan and Mr. Drummond remain employees of the Company for three and five
years.
As a result, Mr. Macmillan and Mr. Drummond are now interested in a total of
1,750,000 and 875,000 share options respectively over ordinary shares in the
Company.
For further information:
+--------------------------------------------+--------------------------------------+
| Invocas Group plc | Tel: +44(0)131 222 2460 |
| Howard Bell, Chairman | |
+--------------------------------------------+--------------------------------------+
| Charles Stanley Securities (Nominated | Tel: +44 (0)20 7149 6000 |
| Adviser) | |
| Philip Davies | |
+--------------------------------------------+--------------------------------------+
Website: www.invocasfinancial.com
Notes to editors
Established in 1998, and headquartered in Edinburgh, Invocas Group plc is a
leading insolvency and debt solutions company operating throughout the UK.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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