Directors' Interests
August 22 2003 - 8:54AM
UK Regulatory
RNS Number:9732O
VT GROUP PLC
22 August 2003
For immediate release
STOCK EXCHANGE ANNOUNCEMENT
VT Group plc announces that
(i) Pursuant to the rules of its Long Term Incentive Plan ("LTIP"), a total of
175,420 ordinary shares of 5p each in the company has been allocated by the
trustee for the potential benefit of executive directors at a price of 237pence
per share, the price being calculated in accordance with the rules of the LTIP.
Within the above total are included shares purchased under the Allocation,
Retained Share and Matching Share provisions and which may be released to
directors in accordance with the rules of the LTIP, as follows:
Allocation Retained Matching
Shares Shares
P.J. Lester 71,729 0 0
A. Bunney 28,797 0 0
C.J. Cundy 41,139 0 0
S.E. Tarrant 33,755 0 0
The effective date of the transaction was 22 July 2003.
(ii) On 8 July 2003, options over a total of 276,422 ordinary shares of 5p each
were granted to Mr P.J. Lester under the terms of the company's executive share
option plans, at an exercise price of 246p per share.
This information is provided by RNS
The company news service from the London Stock Exchange
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