Director/PDMR Shareholding

RNS Number : 6323S

Frenkel Topping Group PLC

23 November 2011

 

Frenkel Topping Group plc

Issue of Options

Frenkel Topping Group plc (the "Company") announces the following option awards to directors of the Company have been approved under the Company 2011 Enterprise Management Incentive Plan:

Director                                                                                  Number of Options

Richard Fraser                                                                          1,585,962

Julie Dean                                                                                 1,096,154

The options have an exercise price of 13.5 pence per ordinary share.

The options granted are subject to the following exercise conditions:

60% of options to vest if the aggregate diluted EPS for the 3 financial years ending 31 December 2013 is 2.0966 pence, 80% of options to vest if the aggregate diluted EPS for the 3 financial years ending 31 December 2013 is 2.6208 pence, 100% of options to vest if the aggregate diluted EPS for the 3 financial years ending 31 December 2013 is 3.144 pence.

Enquiries:

Frenkel Topping Group plc Richard Fraser (Chief Executive)	0161 886 8000
Shore Capital Pascal Keane Edward Mansfield	020 7408 4090

 

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