Grant of Options
| Company |
Stanley Gibbons Group Limited |
| TIDM |
SGI |
| Headline |
Grant of Options |
| Released |
14:03 19-Sep-07 |
| Number |
1199E |
RNS Number:1199E
Stanley Gibbons Group Limited
19 September 2007
The Stanley Gibbons Group Limited
19 September 2007
The Stanley Gibbons Group Limited
('Stanley Gibbons' or 'the Company')
Long-Term Incentive Plan Awards
The Company announces that on 13 September 2007 Stephen Sjuggerud and Mark Henley, both Executive Directors of Stanley Gibbons, received Options to subscribe for 43,290 and 30,303 ordinary shares in the Company, respectively. The Options have been awarded under the Company's 2007 Long-Term Incentive Plan (LTIP). The Options were granted for nil consideration and are exercisable at a price of £2.31 being the closing mid market price on the preceding business day, 12 September 2007. TheOptions will vest on 13 September 2010, subject to the satisfaction of a performance condition based on the Company's Total Shareholder Return. Further information is available in the Company's Circular to shareholders dated 13 March 2007.
For further information, contact:
The Stanley Gibbons Group Limited
Michael Hall, Chief Executive 01481 708270
Richard Purkis, Company Secretary 020 7836 8444
Seymour Pierce Limited
Jonathan Wright 020 7107 8000
This information is provided by RNS
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