Director Shareholding
December 16 2004 - 11:50AM
UK Regulatory
RNS Number:5232G
Comino Group PLC
16 December 2004
Comino Group plc
("Comino" or "the Company")
Grant of options
The Remuneration Committee of Comino has today approved the issue of 90,000
share options to each of P L Clifford and D P Roots who are Directors of the
Comino Group. The options, which are unapproved for Inland Revenue purposes,
have an exercise price of #2.16 and are exercisable between 16 December 2007 and
16 December 2011.
The exercise of options is subject to the satisfaction of performance criteria
relating to Adjusted Earnings Per Share (AEPS). The options become exercisable
on the condition that AEPS growth is at least 12.5% plus RPI per annum for the
three years to the date at which the options become exercisable. AEPS is as
defined in the Company's latest published accounts and excludes amortisation of
goodwill and exceptional items.
Enquiries:
Garth Selvey
Group Chief Executive
Tel: 01628 525433
This information is provided by RNS
The company news service from the London Stock Exchange
END
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