Director Shareholding
June 02 2003 - 7:46AM
UK Regulatory
RNS Number:7975L
ITNET PLC
02 June 2003
ITNET plc
Director Option Grants
ITNET plc announces that the following directors were on 22 May 2003
granted options over ordinary shares in the Company under the Company's
Executive Share Option Scheme:
Number of options Exercise price
B Blow 131,753 #2.11
T Carroll 47,630 #2.11
C Gollings 42,654 #2.11
R Taylor 82,938 #2.11
R Watts 58,649 #2.11
The level of exercise of options depends upon the growth in earnings per
share of the Company in the three year period from date of grant, with 100%
exercise of options being available for growth in earnings per share in
excess of RPI plus 10% per annum.
This information is provided by RNS
The company news service from the London Stock Exchange
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