ITE Group PLC
13 January 2005
Notification of Interests of Directors
ITE Group plc has today issued the following Contingent Awards to Directors to
acquire ordinary shares in the Company free of charge, subject to performance
conditions being met. The Awards are made under the terms of and subject to the
conditions set out in the ITE Group plc Employees Performance Share Plan 2004.
Contingent Awards over Ordinary Shares
Ian Tomkins 328,070
Russell Taylor 180,439
Edward Strachan 23,392
ITE Group plc has today issued the following Contingent Option to acquire
ordinary shares in the Company at an exercise price of 1p per share, subject to
performance conditions being met. The Contingent Option is issued under the and
terms of and subject to the conditions set out in the ITE Group plc Key
Contractors' Performance Share Plan 2004.
Contingent Options to acquire Ordinary Shares at 1p each
Edward Strachan 225,146
The vesting of the Contingent Awards and the Contingent Option are dependant on
performance targets being met. The performance targets are based on the
achievement of Aggregate diluted Earnings per share figures achieved over a
three year period.
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