Argo Group Limited ("Argo")
Grant of options
Argo announces that it has today granted options over 6 million shares to employees and directors under The Argo Group Limited Employment Stock Option Plan. The grants to directors are as follows:
|
Director |
Number of options |
|
|
|
|
Michael Kloter |
500,000 |
|
Andreas Rialas |
1,000,000 |
|
Kyriakos Rialas |
750,000 |
|
David Fisher |
250,000 |
|
Kenneth Watterson |
250,000 |
All options are exercisable in four equal tranches over a period of four years at 24p per share.
Enquiries
Argo Group Limited
Kyriakos Rialas +357 22 668900
Panmure Gordon
Dominic Morley 020 7459 3600