Deferred Incentive Share Option Grants

RNS Number : 0898L

Portmeirion Group PLC

06 August 2013

 



Portmeirion Group PLC

(the "Company")

Deferred Incentive Share Option Grants

The Company announces that on 6 August 2013, the following Directors exercised options under The Portmeirion Group 2010 Deferred Incentive Share Option Plan (the "Plan") to subscribe for a total of 21,404 ordinary shares of 5p each in the Company ("Ordinary Shares") as detailed below:

	Number of options exercised	Total exercise price
Lawrence Bryan	13,654	£1
Brett Phillips	7,750	£1

Accordingly,the Company has transferred 21,404 Ordinary Shares from shares held in treasury by the Company in respect of the exercises.

Application has been made for 21,404 Ordinary Shares to be admitted to trading on AIM and trading of these shares is expected to commence on 13 August 2013.

The total number of Ordinary Shares which the Director holds following this notification (including the shares above) is:

	Total number Ordinary Shares held	% of issued share capital
Lawrence Bryan	320,177	3.00%
Brett Phillips	99,807	0.94%

The total number of Ordinary Shares now held by the Company in treasury is 302,620. The Company has 10,972,154 Ordinary Shares in issue and 10,669,534 Ordinary Shares with voting rights following this notification.

ENQUIRIES:

Portmeirion Group PLC:
Dick Steele Non-executive Chairman	[phone]	[e-mail]
Bell Pottinger Pelham
Dan de Belder	[phone]	[e-mail]
Julia Hanrahan	[phone]	[e-mail]
Panmure Gordon (Nominated Adviser and Broker)	[phone]
Freddy Crossley / Nicola Marrin		Corporate Finance
Adam Pollock / Victoria Boxall		Corporate Broking

 

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