Quadrant Group PLC
28 December 2001
Quadrant Group plc ('the Company')
Directors' Grant of Options
On 27 December 2001 the following options over the Company's ordinary shares
of 20p each ('Ordinary Shares') were granted to directors for nil
consideration at a subscription price of 92.5p under the Company's new EMI
Share Option Scheme.
Director Number of options over Ordinary Shares
RC Singleton 108,108
NC Poultney 85,135
These options are exerciseable between 28 December 2003 and 25 December 2011.
In addition, in order to increase the number of options available, Mr DJ
Coghlan, Chief Executive of the Company, has surrendered his rights to options
over 89,474 Ordinary shares for nil consideration.
Following these grants and surrender, RC Singleton, NC Poultney and DJ Coghlan
will have options over the following numbers of Ordinary Shares:
Director Number of options over Ordinary Shares
RC Singleton 158,108
NC Poultney 135,135
DJ Coghlan nil
28 December 2001