Options/Listing/Dir Holding
June 11 2003 - 12:43PM
UK Regulatory
RNS Number:2183M
Auto Indemnity Group PLC
11 June 2003
AUTO INDEMNITY GROUP PLC
11th June 2003
Exercise/ Grant of Options and Director's Shareholding
The Company has, on 9th June, been notified that a former employee has acquired
20,000 ordinary shares of 10p each as a result of the exercise of an option
under the Employee Share Option Scheme, at a price of 16p per share.
Application has been made for these shares to be admitted to AIM and dealings
are expected to commence on Tuesday 17th June 2003.
The Company announces that on 9th June 2003 pursuant to the Executive Directors'
Share Option Schemes that the following directors were awarded options at an
exercise price of 27.5p being the closing middle market price on that day:
Adrian Palmer - 100,000
David Sandhu - 150,000
Geoff Orme - 150,000
Christopher Baker, a non-executive director, has today bought 10,000 Ordinary
shares of 10p in the Company at a price of 29p per share. The total holding in
which he has a beneficial interest following this purchase is 10,000 shares
representing 0.02% of the issued share capital (current shares in issue
61,088,684) of the company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
LISQFLFFXQBZBBB