Grant of Options
September 23 2009 - 5:27AM
UK Regulatory
TIDMDTG
RNS Number : 5317Z
Dart Group PLC
23 September 2009
Dart Group PLC ("the Company")
Grant of Options
On 10 September 2009, Andrew Merrick, Group Finance Director, was granted
options over 180,952 ordinary shares in the Company at an exercise price of 52.5
pence per share. The options were granted in accordance with the Dart Group PLC
Unapproved Share Option Plan 2005. Subject to certain conditions, 50 per cent.
of the options are exercisable after the third anniversary of the grant date and
50 per cent. of the options are exercisable after the sixth anniversary of the
grant date. The options expire on the tenth anniversary of the grant date.
As a result, Andrew Merrick has an interest in the Company of 83,000 ordinary
shares, representing 0.06% of the Company's issued share capital and has options
over 410,436 ordinary shares; 29,484 at an exercise price of 101.75 pence per
share, 200,000 at an exercise price of 24.75 pence per share and 180,952 at an
exercise price of 52.5 pence per share.
For further information please contact:
+----------------------------------------+-------------------------------+
| Philip Meeson | Tel no. 0113 238 |
| Chairman and Chief Executive | 7444 |
| | Mobile no. 07785 258666 |
+----------------------------------------+-------------------------------+
| | |
+----------------------------------------+-------------------------------+
| Andrew Merrick | Tel no. 0113 238 |
| Group Finance Director | 7444 |
| | Mobile no. 07788 565358 |
+----------------------------------------+-------------------------------+
| | |
+----------------------------------------+-------------------------------+
| Andy Pedrette/Siobhan Sergeant | Tel no. 020 7131 4000 |
| Smith & Williamson Corporate Finance | |
| Limited | |
+----------------------------------------+-------------------------------+
23 September 2009
This information is provided by RNS
The company news service from the London Stock Exchange
END
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