LONDON FINANCE & INVESTMENT GROUP PLC - Grant of Share Options
March 01 2016 - 5:30AM
PR Newswire (US)
London Finance
& Investment Group P.L.C.
(the
‘Company’)
Grant of Share
Options
The Company announces that on 29 February
2016 (the ‘Date of Grant’) it granted options (‘Options’)
over ordinary shares of 5 pence each
in the Company (‘Ordinary Shares’) under the London Finance &
Investment Group Company Share Option Plan (the ‘Plan’). Options
over 80,000 Ordinary Shares were granted to Edward Beale, being an eligible employee under
the rules of the Plan as Chief Executive Officer of the Company’s
subsidiary, City Group P.L.C. The Options have an exercise price of
37.5 pence per Ordinary Share,
pursuant to the Plan, based on the average of the middle market
quotations for the Ordinary Shares for the three immediately
preceding business days. The Options shall not be exercised earlier
than the third anniversary of the Date of Grant.
Enquiries to:
London Finance & Investment Group P.L.C.
Telephone: 020 7796 9060
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