Straight PLC Issue of share options (3252L)
August 09 2013 - 1:00AM
UK Regulatory
TIDMSTT
RNS Number : 3252L
Straight PLC
09 August 2013
Date: 9 August 2013
On behalf Straight plc ("Straight" or "the Group")
of:
Embargoed until: 0700hrs
Straight plc
Issue of share options
Straight Plc (AIM: STT), the environmental products and services
group, announces that on 8 August 2013 the following options over
Ordinary Shares of 1p each held by directors were surrendered and
granted under the Approved and Unapproved Share Option Schemes as
detailed in the table below.
Surrend-ered Granted Total Exercise Exercise Exercise Exercise Exercise
8.8.13 8.8.13 options price price price price price
at 80p at 36p now held 36p 36p 60p 94p 124.5p
Approved options
James Mellor 250,000 453,719 250,000 100,000 64,223 15,000 24,496
Mark Halford 250,000 443,000 250,000 100,000 93,000
Unapproved options
Jonathan Straight 125,000 375,000 500,000 375,000 35,000 90,000
James Newman 31,250 31,250 58,250 31,250 27,000
Colin Glass 31,250 31,250 56,250 31,250 25,000
In addition to the options granted to directors, 105,600
Approved options were granted to staff.
-end-
For further information please contact:
Straight plc
James Newman, Chairman 07850 672 727
Jonathan Straight, Chief Executive 0113 245 2244
07977 002 366
Cenkos Securities
Ivonne Cantu (Nomad)
Christian Hobart (Sales) 0207 397 8980
Redleaf Polhill
Rebecca Sanders-Hewett 0207 382 4730
Jenny Bahr straight@redleafpr.com
Notes for editors:
About Straight plc
-- Straight plc provides environmental products and services to
both the UK market and overseas.
-- The Group is the UK's leading manufacturer and supplier of
specialist kerbside recycling containers, as well as being a key
supplier of a broad range of waste and recycling container
solutions.
-- Founded in 1993 by the current Chief Executive, Jonathan
Straight, the business has since supplied more than 25 million
kerbside boxes, baskets and caddies to local authorities across the
UK, securing its position as the industry leader.
-- The business operates through two divisions:
- The core Trade Business supplying products in bulk to local
authorities, utilities, the waste industry, retailers and other
businesses
- The Retail Business supplying a range of proprietary
environmentally friendly consumer products directly to the public,
often in partnership with a local authority or a utility.
-- Almost two thirds of the products the Group supplies are now
produced in Straight's own factory.
-- Straight plc has established diverse overseas sales channels
for its products, some of which are manufactured locally to their
markets in North America and in Australia. Other markets are
serviced from UK production.
-- Straight plc is a founding member of the Social Stock
Exchange, an online portal to promote investment in businesses with
social or environmental impacts.
Further information about the company and its products can be
found at: www.straight.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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