Share Option Scheme
January 19 2004 - 8:56AM
UK Regulatory
RNS Number:3885U
Asset Management Investment Co.PLC
19 January 2004
Asset Management Investment Company PLC
Asset Management Investment Company PLC announces a correction to details
previously published regarding outstanding options in the AMIC Executive Share
Option Scheme (the "CSOP"). In 2002, the Company purported to grant options
over 565,000 shares pursuant to the CSOP. The maximum number, which could be
granted at that time, taking into account the rules of all AMIC share option
schemes, was 399,603. The grant of the excess over that amount is void and this
has been confirmed by persons notionally entitled to such options.
The Company confirms that as a consequence, the number of outstanding options
issued under the CSOP are as follows:
Date of Grant Number of Shares Exercise Price Earliest Exercise Latest Exercise
30 December 1998 3,500 62p December 2001 December 2008
30 December 1999 3,500 112p December 2002 December 2009
30 December 2000 320,000 1711/2 p December 2003 December 2010
10 December 2001 303,000 1421/2p December 2004 December 2011
21 January 2003 165,400 651/2p January 2006 January 2013
Mr Robb and Mr Spurdle (directors of the Company) have been granted the
following options under the CSOP:
Name Date of Grant No. of Shares Exercise Price Earliest Exercise Latest Exercise
Mr Robb 22 December 2000 200,000 1711/2 p December 2003 December 2010
10 December 2001 100,000 1421/2p December 2004 December 2011
21 January 2003 87,822 651/2p January 2006 January 2013
Mr Spurdle 22 December 2000 100,000 1711/2p December 2003 December 2010
10 December 2001 150,000 1421/2p December 2004 December 2011
Alessio Corbo
Company Secretary
0207 329 1292
This information is provided by RNS
The company news service from the London Stock Exchange
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