Issue of Options

RNS Number : 8478Y

Latham(James) PLC

04 January 2011

 



James Latham plc

("James Latham", the "Company")

Issue of Options

James Latham plc announces that on 15 December 2010 it issued 38,603 options under the James Latham plc Approved Company Share Option Scheme 2008. These options are exercisable between 16 December 2015 and 15 December 2020 at a price of 198 pence per share. Included in the options granted are those granted to the following directors:

Director		Options Granted
Peter Latham David Dunmow Nick Latham Chris Sutton		2,532 2,532 2,532 2,532

James Latham plc also announces that the Remuneration Committee has decided to award 8,000 shares to both David Dunmow and Chris Sutton under the James Latham Deferred Bonus Plan 2009. These shares will be held in the James Latham Employee Benefits Trust until 15 December 2013 when they will be transferred, should the members of the Plan remain in employment with James Latham plc. No voting rights are attached to these shares, but dividends will be reinvested into additional shares under this Plan.

For Further Enquiries:

James Latham Plc
Peter Latham, Chairman	Tel:  [phone]
David Dunmow, Finance Director	Tel:  [phone]
Northland Capital Partners Limited
Shane Gallwey	Tel:  [phone]

 

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