Business
Directors' Share Options
Directors' Share Options.
About this update from First Property Group Plc
[{"type":"text","content":"\n First Property Group PLC\n20 June 2006\n\n\nDirectors' share options\n\nFirst Property Group plc announces that, at a meeting of the board held on 16\nJune 2006, the board approved the grant to Mr B Habib of options over 500,000\nordinary shares and to Mr G Digby over 1,000,000 ordinary shares. All of the\n500,000 options granted to Mr Habib are under the Unapproved Option Scheme;\n365,080 of the options granted to Mr Digby are also under the Unapproved Option\nScheme and the remaining 634,920 options granted to him are under the Enterprise\nManagement Incentive Scheme.\n\nThe option exercise price in each case is 15.75p and the options may be\nexercised as to one third on or after 15 June 2007, one third on or after 15\nJune 2008 and one third on or after 15 June 2009, with a final expiry date of 5\nApril 2011.\n\nFollowing the grant of these options, Mr Habib holds in aggregate options over\n3,250,000 First Property ordinary shares and Mr Digby holds in aggregate options\nover 1,500,000 First Property ordinary shares.\n\n\nEnquiries:\nBen Habib - Group Chief Executive\nFirst Property Group plc\nTel: 020 7731 2844\n\n\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]