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MUR - Murgitroyd News Story

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Last Trade - 18/12/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £48.0m
Position in Universe th / 1819

Murgitroyd Group PLC Grant of Options

Wed 10th March, 2010 10:14am
TIDMMUR

RNS Number : 3585I
Murgitroyd Group PLC
10 March 2010

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Murgitroyd Group PLC ("the Group")
Grant of options

The Group announces that, pursuant to the Group's unapproved Executive Share
Option Scheme ("the Scheme"), and as approved by the Remuneration Committee on
25 February 2010, the Board has granted options over 166,000 ordinary shares of
10p each in the company, all at an exercise price of 247.5 pence per share.
Options were granted to the following Directors:

+-------------+--------------------------------+--------------+
| Name | Position | Number of |
| | | Options |
+-------------+--------------------------------+--------------+
| David | Deputy Chairman and Executive | 10,000 |
| Castle | Director | |
+-------------+--------------------------------+--------------+
| Grahma | Executive Director | 10,000 |
| Murnane | | |
+-------------+--------------------------------+--------------+
| Keith Young | Chief Executive and Finance | 10,000 |
| | Director | |
+-------------+--------------------------------+--------------+

The remainder of the options have been granted to senior employees.

All of the options issued above are exercisable from 26 February 2013 until 25
February 2025 with the condition, as noted in the latest Directors' report and
financial statements, that there is a greater than inflationary improvement in
the Group's earnings per share between the date of grant and the date of
exercise.


For further information please contact:

+------------------------------------+------------------------+
| Keith Young, CEO & Finance | T: 0141 307 8400 |
| Director | |
+------------------------------------+------------------------+
| David Ovens, Execution Noble & | T: 0131 225 9677 |
| Company Limited | |
+------------------------------------+------------------------+



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

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