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Issue of Options

Issue of Options.

articleFih Group PlcDecember 21, 20105/company/fih-group-plc/news/issue-of-options-44
Issue of Options

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[{"type":"text","content":"\n RNS Number : 3492Y Falkland Islands Holdings PLC 21 December 2010  \n \n\nFalkland Islands Holdings plc \n \n(\"FIH\" or the \"Company\")\n \nIssue of Options\n \n \nMr David Hudd and Mr John Foster, Chairman and Managing Director of the Company respectively, were today each granted options to acquire 20,000 ordinary shares of 10p each in the Company (\"Ordinary Shares\") at an exercise price of 342.5 pence (the \"Options\"). Subject to the satisfaction of a number of performance conditions, the options to subscribe for Ordinary Shares will vest on 21 December 2013.\n \nIn addition, a further 81,478 options over Ordinary Shares were granted to other employees of FIH group companies. \n \nInterests in Shares \n \nMr Hudd is the registered holder of 100,000 Ordinary Shares (representing 1.1% of the issued share capital of the Company). In addition to the Options detailed above, Mr Hudd also holds the following exercisable options over Ordinary Shares: \n \n\n\n\n\nOrdinary Shares Under Option\n\n\nExercise Price per Ordinary Share\n\n\nExpiry Date\n\n\n\n\n49,411\n\n\n425 pence\n\n\n13 June 2015\n\n\n\n\n44,550\n\n\n290 pence\n\n\n14 July 2019\n\n\n\n\n \n \n \nMr Foster is the registered holder of 15,000 Ordinary Shares (representing 0.2% of the issued share capital of the Company). In addition to the Options detailed above, Mr Foster also holds the following exercisable options over Ordinary Shares: \n \n\n\n\n\nOrdinary Shares Under Option\n\n\nExercise Price per Ordinary Share\n\n\nExpiry Date\n\n\n\n\n57,692\n\n\n520 pence\n\n\n9 February 2015\n\n\n\n\n14,117\n\n\n425 pence\n\n\n13 June 2015\n\n\n\n\n27,517\n\n\n330 pence\n\n\n6 August 2017\n\n\n\n\n44,550\n\n\n290 pence\n\n\n14 July 2019\n\n\n\n\n \n \nEnquiries:\n \n\n\n\n\nFalkland Islands Holdings plc\n\n\n\n\n\n\n\nDavid Hudd, Chairman\n\n\nTel: 07771 893 267\n\n\n\n\nJohn Foster, Managing Director\n\n\nTel: 01279 461 630\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAltium - NOMAD and Broker\n\n\nTel: 020 7484 4040\n\n\n\n\nTim Richardson / Cameron Duncan\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFinancial Dynamics\n\n\nTel: 020 7831 3113\n\n\n\n\nBilly Clegg / Edward Westropp \n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Sto...

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