Grant of Options

RNS Number : 7015Z

Parity Group PLC

11 March 2013

 



Parity Group plc (the "Company")

Grant of options

In accordance with the requirements of D.T.R.3.1.2, the Company was notified on 8^th March 2013 that the following Executive Director/PDMR of the Company have been granted options over a total of 2,935,000 ordinary shares of 2 pence each in the Company at an exercise price of 26.5 pence per share (being the closing mid-market price on 7^th March 2013) on 8^th March 2013.

The options have been granted under the terms of the Parity Group 2009 Company Share Option Plan and the Parity Group 2009 Unapproved Company Share Option Plan both of which were entered into effect on 14 May 2009. The options are exercisable during the period from 8^th March 2016 to 6^th March 2023 and shall expire after 10 years from the date of grant.

Following the above grant, the Company confirms that, as at the date of this announcement, each of the following Executive Director/PDMR hold the following total number of options and awards over ordinary shares of 2 pence each in the Company:

Director	No. of options granted over ordinary shares	Total no. of options held post grant
Alastair Woolley	300,000	660,000
Suzanne Chase	220,000	220,000
Stephen Whyte	2,000,000	2,000,000

PDMR	No. of options granted over ordinary shares	Total no. of options held post grant
Colin Lauder	105,000	400,000
Alan Rommel	160,000	600,000
Adrian Leu	150,000	300,000

This notification is made in accordance with the requirements of D.T.R. 3.1.4.

For Further information, please contact:

Parity Group plc                                  [phone]

Alastair Woolley, Finance Director

N+1 Singer                                          [phone]

Shaun Dobson

MHP Communications                        [phone]

John Olsen / Ian Payne

 

END

 

 

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