Mulberry Group PLC Grants under 2008 Unapproved Share Option Scheme (6760Z)
December 12 2014 - 9:59AM
UK Regulatory
TIDMMUL
RNS Number : 6760Z
Mulberry Group PLC
12 December 2014
Mulberry Group plc
Grants under 2008 Unapproved Share Option Scheme
Mulberry Group plc ("Mulberry" or the "Company") announces that
the Board of Mulberry granted yesterday, under the Mulberry Group
plc 2008 Unapproved Share Option Scheme, options (the "New
Options") over ordinary shares of 5 pence each in the Company (the
"Ordinary Shares") to Roger Mather (Group Finance Director) and
other members of the broader management team as set out below:
Number of New Options
granted
----------------------- ---------------------
Roger Mather 70,000
Other senior employees 234,400
----------------------- ---------------------
Total 304,400
The exercise price for the New Options is 757.75 pence per share
being Mulberry Group plc's closing share price on 10 December 2014.
The New Options will vest on 30 June 2017 and will be exercisable
between 30 June 2017 and 10 December 2024.
In addition to his New Options, Roger Mather's beneficial
interest in the Company consists of 183,687 Ordinary Shares
representing 0.31% of the Ordinary Shares in issue. Roger Mather
also holds vested rights over 50,000 Ordinary Shares under
Mulberry's Co-Ownership Plan, 3,253 vested matching nil cost
options under the Company's Deferred Bonus Plan and 51,690 unvested
nil cost options under the Company's Long Term Incentive Plan.
59,997,458 Ordinary Shares with voting rights has been used as
the denominator for the calculation of Roger Mather's interest in
the issued Ordinary Shares.
Enquiries:
Pelham Bell Pottinger
Kashara Taylor 0203 7722 593
Altium
Ben Thorne 0207 484 4040
Barclays
Marcus Jackson / Nicola Tennent 0203 623 2323 / 0203 134 8370
Mulberry Investor Relations
Allegra Perry 0207 605 6795
This information is provided by RNS
The company news service from the London Stock Exchange
END
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