REG - Tasty PLC - Grant of options <Origin Href="QuoteRef">TAST.L</Origin>

TastyAnnouncement

15/07/2015 16:05

RNS Number : 2090M
Tasty PLC
05 May 2015
Tasty plc (the "Company" or the "Group")
Grant of Options
Tasty plc today announces the award and acceptance of 600,000 'B' ordinary shares in a subsidiary company of the Group ("B Shares") to Jonny Plant, Joint Chief Executive Officer of the Company, on 1 May 2015. The B Shares may be exchanged into ordinary shares of 10 pence each in Tasty plc ("Ordinary Shares"), subject to the share price of the Company trading above 200p for 15 consecutive trading days or more. The B Shares have an exercise price into Ordinary Shares of 120p per share. The benefit of holding a B Share is similar to the benefit of holding an EMI Option.
In addition to the above B Shares, Mr Plant is interested in 4,194,877 Ordinary Shares, representing 7.9 per cent. of the current issued share capital of the Company, and has options over a further 500,000 Ordinary Shares. 
5th May 2015
Enquiries
Tasty plc  Tel: 020 7637 1166
Jonny Plant, Chief Executive
Cenkos Securities  Tel: 020 7397 8927
Bobbie Hilliam
Harry Pardoe

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