Blur Group PLC Grant of Options (1122A)
December 18 2014 - 1:00AM
UK Regulatory
TIDMBLUR
RNS Number : 1122A
Blur Group PLC
18 December 2014
Thursday 18 December 2014
blur Group plc
("blur" or the "Group")
Grant of Options
blur Group Plc (BLUR), the international e-commerce company
providing a better way for businesses to buy or sell services,
announces today that on 17 December share options ("Options") were
granted to certain of the Directors and senior management to
subscribe for up to 780,000 ordinary shares of 1 pence each in the
capital of the Company ("Ordinary Shares") as follows:
Director Title Number Total number % of issued
of of options share capital
Options held following represented
granted the grant by total
options
held
Chief Executive
Philip Letts Officer 500,000 530,000 1.1%
Chief Community
Kara Cardinale Officer 125,000 525,000 1.1%
Barbara Director Financial
Spurrier Reporting 75,000 199,695 0.4%
Richard Non-Executive
Bourne-Arton Director 15,000 60,000 0.1%
Non-Executive
David Sherriff Director 15,000 30,000 0.06%
Non-Executive
Robert Brooksbank Director 15,000 30,000 0.06%
Senior Management
Stephen Group Chief Financial
Harvey Officer 35,000 435,000 0.9%
All of the Options become exercisable after a period of four
years from the date of grant, subject to market based performance
criteria, and pursuant to the rules of the Company's Share Option
Plan. To the extent the performance criteria are met the options
have an exercise price of GBP0.66 per share, being the closing
mid-market price of the Company's Ordinary Shares as at 16 December
2014.
For further information, please contact:
blur Group plc investors.blurgroup.com
Stephen Harvey, Group Tel: + 44 1392927409
CFO
Barbara Spurrier, Director Tel: +44 203
Financial Reporting 475 8182
N+1 Singer
Shaun Dobson / Jen Boorer Tel: +44 20 7496
/ Emily Watts 3000
Yellow Jersey
Philip Ranger/Anna Legge Tel: +44 7768
534641
About blur Group plc at blurgroup.com
blur Group is an international e-commerce company providing a
better way for business to buy or sell services. To date 50,000
businesses have used blur to buy or sell services online, including
companies like Amazon, eBay, Regus, Caterpillar, Argos, Danone and
GE submitting over $300m of services requirements to blur's
platform.
blur Group is a public company listed on the London Stock
Exchange's AIM market (BLUR) and is headquartered in the UK with
regional sales offices in the US and Europe.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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