TIDMEVN

RNS Number : 6998C

Environ Group (Investments) PLC

10 March 2011

Environ Group (Investments) plc

("Environ Group" or the "Company")

Issue of Options and Settlement

Environ Group, the AIM quoted support services and fire prevention specialists, announces that on 9 March 2011, it entered into a settlement agreement with Neil McGowan and Rangedetail Limited in respect of amounts payable to Mr McGowan following the termination of his appointment as a non-executive director of the Company (details of which were announced on 2 February 2010). This agreement provides for, inter alia, (i) the payment of, in aggregate, GBP7,800 (net of VAT at 17.5%) to Mr McGowan and (ii) the granting to Mr McGowan, within 28 business days of the agreement, of an option to subscribe for 400,000 ordinary shares of 1 pence each ("Ordinary Shares") at an exercise price of 5 pence per Ordinary Share, exercisable up to and including 30 April 2014.

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For further information, please contact:

Environ Group (Investments) plc

Mark Sims - Chief Executive Officer

Tel: +44 (0) 01782 826939

Nominated Adviser:

Grant Thornton Corporate Finance

Gerry Beaney/Daniela Amihood

Tel: +44 (0) 20 7383 5100

Broker:

Seymour Pierce

Jeremy Stephenson

Tel: +44 (0) 20 7107 8000

Financial PR:

Bishopsgate Communications

Natalie Quinn

Tel: +44 (0)20 7562 3358

This information is provided by RNS

The company news service from the London Stock Exchange

END

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