Grant of Options
June 26 2006 - 3:05AM
UK Regulatory
RNS Number:1328F
Leisure & Gaming plc
26 June 2006
26 June 2006
LEISURE & GAMING PLC ("L&G")
GRANT OF OPTIONS
L&G today granted an option over 3,172,500 shares to its Employee Benefit Trust,
vesting in three equal tranches on March 31, 2008, March 31, 2009 and March 31,
2010 and, thereafter, exercisable for a period of two years. The options are
subject to the performance condition that the fully diluted earnings per share
exceeds the retail price index by no less than 5% per year. The exercise price
for the options is the closing price of the shares on 23 June 2006, being 133p.
As a result of the grant, the following director will have a beneficial interest
in the number of options opposite his name:
Director Number of Options
Josh Joshi 306,900
Ends
For further information:
Alistair Assheton, Chief Executive Tel: 020 7248 6343
Josh Joshi, Chief Financial Officer
Leisure & Gaming plc
Jonathon Brill/Billy Clegg Tel: 020 7831 3113
Financial Dynamics
This information is provided by RNS
The company news service from the London Stock Exchange
END
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