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Accident Exchange (~268)

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Friday 04 July, 2008

Accident Exchange

Director/PDMR share option aw

RNS Number : 3662Y
Accident Exchange Group PLC
04 July 2008
 



4 July 2008


Accident Exchange Group Plc


('Accident Exchange' or the 'Company')


Director / PDMR Share Option and LTIP Grants and Awards



On July 2008 the Company requested that the trustee of the Company's Long Term Incentive Plan ('LTIP') award LTIP options as soon as possible to certain of the Company's Executive Directors and Persons Discharging Managerial Responsibility ('PDMR') as detailed below.


The options will vest on the expiry of three years from the date of grant provided that the Company meets the relevant performance target in relation to each of the option grants. Options which vest may be exercised between three and ten years from the date of grant.


The table below sets out details of the number of underlying shares contained under each relevant grant or award. These transactions are notified as required by Disclosure Rule 3.1.4 (R)(1)(a).



Name of Director/PDMR

Number of shares over which options have been granted

Total number of shares over which options are held following this notification

Martin Andrews

628,272

1,006,084

Martin Bramwell

78,534

175,506

Timothy Eaves

78,534

171,132

Steve Evans

659,686

1,094,942

Liz Fisher

78,534

178,899

Ray Ford

78,534

78,534

Gordon Grant

78,534

93,417

Alistair Horsburgh

78,534

167,565

Stephen Jones

78,534

173,146

Michael Killoury

78,534

93,417

Adrian Lewis

78,534

93,417

Vince Powell

78,534

138,232

Nicola Roy

78,534

181,761

Steve Salt 

78,534

93,417

Roderick Seel

78,534

175,506

Simon Sheldon

78,534

78,534

Lee Woodley

78,534

169,398

David Whatley

78,534

164,561



The exercise price of the options granted under each of the option awards set out in column 2 above is £1 in aggregate per award.



Contacts:


Accident Exchange Group Plc

Steve Evans, Chief Executive                    08700 116 719

Martin Andrews, Group Finance Director    08700 053 649


Bankside

Steve Liebmann or Simon Bloomfield         020 7367-8888



This information is provided by RNS
The company news service from the London Stock Exchange
 
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