Quadrant Group Plc - Directors' Shareholdings
21 October 1998 - 12:19AM
UK Regulatory
RNS No 6018f
QUADRANT GROUP PLC
20th October 1998
QUADRANT GROUP PLC ("the Company")
GRANT OF OPTIONS TO DIRECTORS
On 19 October 1998 Mr N C Poultney, Mr J Sandiford and Mr R C
Singleton, directors of the Company, were each granted options,
for nil consideration, over 50,000 of the Company's ordinary
20p shares (Ordinary Shares") at a subscription price of 42.5
pence under the Company Share Option Scheme. These options are
exerciseable between 19 October 2001 and 19 October 2008,
subject to the achievement of performance conditions.
Mr Sandiford and Mr Singleton have both agreed to the
cancellation of their rights to options over 12,500 and 7,000
Ordinary Shares respectively, held prior to the grant on 19
October 1998. Following these grants and cancellations Mr
Poultney, Mr Sandiford and Mr Singleton will each hold options
over 50,000 Ordinary Shares.
END
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