REG - Mulberry Group PLC - Grants under 2008 Unapproved Share Option Scheme <Origin Href="QuoteRef">MUL.L</Origin>

MulberryAnnouncement

16/07/2015 15:11

RNS Number : 8622S
Mulberry Group PLC
13 July 2015
Mulberry Group plc 
Grants under 2008 Unapproved Share Option Scheme
Mulberry Group plc ("Mulberry" or the "Company") announces that the Board of Mulberry hastoday granted options (the "New Options") over ordinary shares of 5 pence each in the Company ("Ordinary Shares") to Roger Mather (Group Finance Director) and certain other members of the broader management team pursuant to the Mulberry Group plc 2008 Unapproved Share Option Scheme as set out below:
Number of New Options granted
Roger Mather  
30,000
Other senior employees 
149,400
Total 
179,400
 
The exercise price for each of the New Options is 900 pence being the closingprice of an Ordinary Share on 10 July 2015. The New Options will vest on 30 June 2018 and will be exercisable between 30 June 2018 and 13 July 2025. 
Following the grant of his New Options, Roger Mather's beneficial interest in the Company consists of 113,687 Ordinary Shares, representing 0.19% of the Ordinary Shares in issue, vested rights over 50,000 Ordinary Shares under Mulberry's Co-Ownership Plan, 3,253 vested matching nil cost options under the Company's Deferred Bonus Plan, 100,000 unvested options under the Company's 2008 Unapproved Share Option Scheme and 28,600 unvested nil cost options under the Company's Long Term Incentive Plan.
59,997,458 Ordinary Shares with voting rights has been used as the denominator for the calculation of Roger Mather's interest in the issued Ordinary Shares.
Enquiries:
Bell Pottinger
 
Daniel de Belder / Joanna Boon
07977 927142 / 020 3772 2499


Mulberry Investor Relations
Allegra Perry 
020 7605 6795
Altium 
Sam Fuller / Tim Richardson
020 7484 4040


Barclays 

Marcus Jackson / Nicola Tennent
020 3134 8370



This information is provided by RNS
The company news service from the London Stock Exchange
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