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Booker Group PLC (BOK)

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Wednesday 20 October, 2010

Booker Group PLC

Grant of Options - 2008 Perfo

RNS Number : 6795U
Booker Group PLC
20 October 2010
 



20 October 2010

 

 

 

Booker Group plc ('Booker')

Grant of options under the terms of the Booker Group plc 2008 Performance Share Plan ('PSP') incorporating the Company Share Option Plan ('CSOP')

 

 

On 19 October 2010 the Company granted options under the PSP and CSOP to the following PDMR's:

 

PDMR

Number of ordinary shares of £0.01 over which options granted

Date of Award

Exercise price

Jonathan Prentis

(Group Finance Director)

1,432,560 (PSP)

55,813 (CSOP)*

19 October 2010

Nil cost

£0.5375

Mark Aylwin

(Booker Direct)

1,432,560 (PSP)

55,813 (CSOP)*

19 October 2010

Nil cost

£0.5375

Bryn Satherley

(Operations Director)

1,432,560 (PSP)

55,813 (CSOP)*

19 October 2010

Nil cost

£0.5375

Mark Chilton

(Company Secretary and General Counsel)

390,700 (PSP)

55,813 (CSOP)*

19 October 2010

Nil cost

£0.5375

 

 

The options granted will vest and become exercisable three years from the date of the award subject to continued employment and the performance conditions mentioned below being satisfied and will lapse if not exercised within ten years of the date of award.

 

A quarter of the shares subject to each option will vest on reaching each of the share prices of 60p, 62.5p, 70p and 90p, in each case sustained over a consecutive 60-day period.

 

* At the time of exercise, to the extent that there is a gain on the CSOP option, PSP options will be forfeited to the same value.

 

ENDS

 

 

 

 

For further information contact:

Tulchan Communications (PR adviser to Booker Group plc)

020 7353 4200

Susanna Voyle


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