Director/PDMR Shareholding
February 17 2009 - 1:00AM
UK Regulatory
TIDMINVO
RNS Number : 4128N
Invocas Group plc
17 February 2009
17 February 2009
INVOCAS GROUP PLC
("Invocas" or the "Company")
Director Shareholding / Grant of Options
The Board of Invocas, one of the UK's leading providers of personal debt
solutions, announces that Robbie Drummond, Group Finance Director and Company
Secretary, was yesterday granted 125,000 share options under the Company's EMI
Share Option Plan.
The options are exercisable at 40 pence per share, based on the mid market share
price at the close of business yesterday and the period during which the options
are exercisable is between 17 February 2012 and 17 February 2019 based on the
condition that Mr. Drummond remains as an employee of the Company for three
years from the date of grant.
As a result, Robbie Drummond is now interested in a total of 125,000 share
options over ordinary shares of 0.25 pence each in the Company.
For further information:
+--------------------------------------------+--------------------------------------+
| Invocas Group plc | Tel: +44(0)131 222 2460 |
| Howard Bell, Chairman | |
| Stephen Lightley, CEO | |
| | |
+--------------------------------------------+--------------------------------------+
| Charles Stanley Securities (Nominated | Tel: +44 (0)20 7149 6000 |
| Adviser) | |
| Philip Davies / Carl Holmes | |
+--------------------------------------------+--------------------------------------+
| Gavin Anderson (Financial PR Adviser) | Tel: +44(0)20 7554 1400 |
| Ken Cronin / Michael Turner / Anthony | Email: invocas@gavinanderson.co.uk |
| Hughes | |
+--------------------------------------------+--------------------------------------+
Website:
Notes to editors
Invocas is one of the UK's leading providers of personal debt solutions. Its
Personal Insolvency Division is firmly established as a leading provider of
Protected Trust Deeds (Scottish equivalent of Individual Voluntary Arrangements
('IVAs')).
Invocas applies stringent minimum case acceptance criteria. It will only accept
a case if it is likely to progress smoothly to completion and result in a
successful outcome which balances the interests of both the indebted individual
and their creditors.
The Group's Newtomorrow service aims to provide indebted individuals with the
right advice, first time, every time. This is achieved in a caring and
professional manner by a team of highly experienced debt advisors delivering
front line advice. Further information on Newtomorrow can be found at
This information is provided by RNS
The company news service from the London Stock Exchange
END
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