Director Shareholding/Options
July 05 2005 - 3:01AM
UK Regulatory
RNS Number:4754O
Formjet PLC
05 July 2005
FORMJET PLC
Director Shareholding and Grant of Options
Formjet plc ("Formjet" or "the Company") announces that the Board has granted
options over a total of 1,044,000 ordinary shares in the Company to directors of
the Company. All the options will vest on or after 4th July 2007 but before 4th
July 2015, and are exercisable at a price of 7p per ordinary share.
The numbers of options granted to each director are as follows:
Options
Lyndon Chapman 360,000
Peter Wardle 288,000
Julie Crosby 120,000
Kevin McGovern 156,000
Chris Roberts 120,000
The Company has also been notified that Kevin McGovern on 4th July 2005 sold
740,740 ordinary shares in the market at a price of 63/4p per share. The sale
was made by Mr McGovern to assist in the purchase of a new home. Following the
sale, Mr McGovern is beneficially interested in 2,791,580 ordinary shares in the
Company, approximately 3.21% of the Company's issued share capital.
Enquiries:
Lyndon Chapman Peter Wardle
Chairman & Chief Executive, Formjet Plc Finance Director, Formjet Plc
Tel: 01223 531175 or 07770 551262 Tel: 01223 531175
Daniel Willmott/Tom Jenkins Simon Hudson/Clemmie Carr
Daniel Stewart & Co. Tavistock Communications
Tel: 020 7374 6789 Tel: 020 7920 3150 or 07966 477256
This information is provided by RNS
The company news service from the London Stock Exchange
END
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