Director/PDMR Shareholding
May 01 2007 - 7:45AM
UK Regulatory
RNS Number:8625V
Ultimate Leisure Group PLC
01 May 2007
ULTIMATE LEISURE GROUP PLC
Following the issue of 14.8m new shares at 169p per share through the recent
placing, the Company's remuneration committee has now finalised the number and
price of options to be awarded to Mark Jones and Craig Bell.
Director Number of options Exercise price
Mark Jones 1,200,000 169p
Craig Bell 500,000 169p
These options were granted under a new executive option scheme and are
exercisable at any time between 2 and 10 years from the effective date of grant
which was 28 February 2007, the date that Shareholders approved the necessary
matters associated with the placing at the EGM.
The vesting of the options is subject to performance criteria, further details
of which will be set out in the Company's next Annual Report.
Ultimate Leisure
Craig Bell, Finance Director 0191 261 3831
This information is provided by RNS
The company news service from the London Stock Exchange
END
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