Grant Of Options

RNS Number : 8179F

Portmeirion Group PLC

03 May 2011

 

Portmeirion Group PLC
(the "Company")

Grant of Share Options

The Company announces that on 28 April 2011, it granted options to senior managers over a total of 40,000 ordinary shares of 5 pence each.  The options are subject to the achievement of performance criteria as determined by the Remuneration Committee, and as required under the rules of the Company's 2002 Share Option Scheme.  The options granted on the 28 April 2011 are normally only exercisable if the average of the pre-tax, pre-exceptional earnings per share of the Group for the three years ending 31 December 2013 exceed 61.83p being 113% of the pre-tax, pre-exceptional earnings per share figure for the year ended 31st December 2010.

Enquiries:
Dick Steele	Non-executive Chairman	01782 744721
Brett Phillips	Group Finance Director	01782 744721
Pelham Bell Pottinger		020 7861 3881
Dan De Belder
Seymour Pierce Limited (Nominated Adviser and Broker)		020 7107 8000
Freddy Crossley / Catherine Leftley	Corporate Finance
David Banks / Katie Ratner	Corporate Broking

 

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