Grant of Options
04 September 2010 - 2:32AM
UK Regulatory
TIDMDTG
RNS Number : 1672S
Dart Group PLC
03 September 2010
3 September 2010
Dart Group PLC (the "Company")
Grant of Options
On 5 August 2010, Andrew Merrick, the Company's Finance Director, was granted
options over 82,090 ordinary shares (the "Options") in the Company at an
exercise price of 67p per share. The Options were granted in accordance with
the Dart Group PLC Unapproved Share Option Plan 2005. Subject to certain
conditions, 50 per cent of the Options are exercisable after the third
anniversary of the grant date and 50 per cent of the Options are exercisable
after the sixth anniversary of the grant date. The Options expire on the tenth
anniversary of the grant date.
As a result, Andrew Merrick has an interest in the Company of 83,000 ordinary
shares, representing 0.06% of the Company's issued share capital and has options
over 492,526 ordinary shares; 29,484 at an exercise price of 101.75 pence per
share; 200,000 at an exercise price of 24.75 pence per share; 180,952 at an
exercise price of 52.5 pence per share; and 82,090 at an exercise price of 67
pence per share.
For further information please contact:
+---------------------------------+---------------------------------+
| Philip Meeson | Tel no. 0113 238 7444 |
| Chairman and Chief Executive | Mobile no. 07785 258666 |
| | |
+---------------------------------+---------------------------------+
| Andrew Merrick | Tel no. 0113 238 7444 |
| Group Finance Director | Mobile no. 07788 565358 |
| | |
+---------------------------------+---------------------------------+
| Andy Pedrette/ Charles Combe | Tel no. 020 7131 4000 |
| | |
| Smith & Williamson Corporate | |
| Finance Limited | |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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