Grant of Options

RNS Number : 1672S

Dart Group PLC

03 September 2010

 



3 September 2010

Dart Group PLC (the "Company")

Grant of Options

On 5 August 2010, Andrew Merrick, the Company's Finance Director, was granted options over 82,090 ordinary shares (the "Options") in the Company at an exercise price of 67p per share.  The Options were granted in accordance with the Dart Group PLC Unapproved Share Option Plan 2005. Subject to certain conditions, 50 per cent of the Options are exercisable after the third anniversary of the grant date and 50 per cent of the Options are exercisable after the sixth anniversary of the grant date.  The Options expire on the tenth anniversary of the grant date.

As a result, Andrew Merrick has an interest in the Company of 83,000 ordinary shares, representing 0.06% of the Company's issued share capital and has options over 492,526 ordinary shares; 29,484 at an exercise price of 101.75 pence per share; 200,000 at an exercise price of 24.75 pence per share; 180,952 at an exercise price of 52.5 pence per share; and 82,090 at an exercise price of 67 pence per share.

For further information please contact:

Philip Meeson Chairman and Chief Executive	Tel no. 0113 238 7444 Mobile no. 07785 258666
Andrew Merrick Group Finance Director	Tel no. 0113 238 7444 Mobile no. 07788 565358
Andy Pedrette/ Charles Combe                Smith & Williamson Corporate Finance Limited	Tel no. 020 7131 4000

 

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