REG - STV Group PLC - Grant of options under sharesave scheme

STVAnnouncement

11/11/2022 17:15

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RNS Number : 2076G  STV Group PLC  11 November 2022

STV Group Plc (the  'Company')

 

11 November 2022

 Grant of options under sharesave scheme

On 11 November 2022, the Company granted options over a total of 269,367
ordinary shares of 50p each in STV Group plc (the "Options").

The Options have been granted to participating employees under the rules of
the STV Group plc Sharesave Scheme, an HMRC approved scheme introduced to
encourage wider employee share ownership of the Company.

The Options are exercisable at a price of £2.47 per ordinary share,
representing the market value of the Company's shares on the dealing day
immediately prior to the date of invitation to apply for options (13 October
2022). The Options are exercisable from 1 January 2026 in accordance with the
rules of the Scheme.

The grant of options represents 0.58% of the Company's existing issued share
capital.

 

Further enquiries:

Eileen Malcolmson

Company Secretary, STV Group plc

Tel: 0141 300 3074

 

 

 

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