Montpellier Group PLC
6 June 2002
On 11 February 2002, the performance period applicable to the conditional
allocation made to Paul Sellars, Managing Director, Montpellier Group Plc, under
the Long Term Incentive Plan in 1999, expired. The Board has satisfied itself
that the performance condition attaching to the conditional allocation has been
met in full. The Board has therefore resolved to grant Mr Sellars an option
over 383,770 shares, exercisable until 11 February 2007 at a price of 10p per
share, being the average share price over a six-week period at the time of
allocation in 1999.
This information is provided by RNS
The company news service from the London Stock Exchange