Majestic Wine PLC - Grant of options
4th August 2011
The Company has today granted options over 299,658 Ordinary Shares of 7.5 pence each to the Executive Directors as detailed below, under the Company’s Long Term Incentive Plan.
| Director |
Number of Ordinary Shares over which options granted |
Exercise Price |
Excercise Period |
Total number of shares over which options held following notification |
| Steve Lewis |
136,208 |
nil |
04/08/2014 – 04/08/2018 |
356,238 |
| Nigel Alldritt |
86,265 |
nil |
04/08/2011 – 04/08/2018 |
274,885 |
| Justin Apthorp |
77,185 |
nil |
04/08/2014 – 04/08/2018 |
227,185 |
These options will vest to the extent that compounded annual Earnings Per Share (EPS) growth targets over a three year period are met.
Enquiries:
Majestic Wine PLC
Steve Lewis, Chief Executive
Tel: +44(0)1923 298200