Fieldbury Announcements

Grant of Options

24 September 2008 11:50:45



RNS Number : 1907E Fieldbury PLC 24 September 2008  
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    24 September 2008

Fieldbury plc

Grant of Options

Fieldbury plc announces that on 22 September 2008 it agreed to grant options over a total of 2,500,000 new ordinary shares of 5p each at a price of 4.5p per share to certain directors of the Company under the Company's Share Option Scheme (the 'Options'). 
Name
No of Options granted
Exercise Price 
Date Exercisable
Expiry date

Edward Barrett
500,000
4.5p
22/09/2009
22/09/2018
William Barrett
500,000
4.5p
22/09/2009
22/09/2018
Harold Reiter
500,000
4.5p
22/09/2009
22/09/2018
Gordon Roddick
500,000
4.5p
22/09/2009
22/09/2018
Rory Stear
1,000,000*
4.5p
22/09/2009
22/09/2018
*500,000 options have been granted to Rory Stear subject to certain performance related criteria relating to the performance of Dixie Sales Inc (the "Conditions").  200,000 options vest and become exercisable (subject to the Conditions) when the accounts for the period ending 31 December 2008 are signed by the directors and auditors. 150,000 options vest and become exercisable (subject to the Conditions) when each of the accounts for the periods ending 31 December 2009 and 31 December 2010 are signed by the directors and auditors.

Following the grant of Options outlined above, the Directors have options over the following ordinary shares:

Name
No of Options granted
Exercise Price 
Date Exercisable
Expiry date

Edward Barrett
500,000
4.5p
22/09/2009
22/09/2018
William Barrett
500,000
4.5p
22/09/2009
22/09/2018
Harold Reiter
500,000
4.5p
22/09/2009
22/09/2018

373,514
29p
22/06/07
22/06/16

1,500,000
6.5p
01/07/09
31/12/17
Gordon Roddick
500,000
4.5p
22/09/2009
22/09/2018
Rory Stear
1,000,000
4.5p
22/09/2009
22/09/2018

996,037
29p
22/06/07
26/06/16

-Ends-

For further information, please contact:

Fieldbury plc
020 7935 5226
Rory Stear, Chairman

Weber Shandwick Financial
020 7067 0700
Louise Robson or James White

Charles Stanley (Nominated Adviser)
020 7953 2478 
Mark Taylor
This information is provided by RNSThe company news service from the London Stock Exchange  END  RDSEAENLALNPEFE

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Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

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