RNS Number:0851H
Electric Word PLC
06 November 2007


6 November 2007

                                                                                

                               Electric Word plc                                
                                                                             
                              Share Option Grants                               

 

The Board of Electric Word plc announces today a grant of options under the
Company's Share Option Scheme (2000). The options, with an exercise price of 1p,
will vest in February 2010 according to criteria related to the Company's
earnings per share performance over the previous three financial years. Vesting
of the options will be dependent on the Company achieving an average of at least
15% annualised adjusted earnings per share growth over the three years to
November 2009. In order for all of the options to vest, adjusted earnings per
share growth will need to reach 25% per year over the same period.


Under the scheme the following Directors have been granted the following maximum
number of share options, subject to the performance conditions as set out above:

 
Name of Director           Number of options granted        Exercise period
                                                                           
Julian Turner                              1,025,641   5/2/2010 - 4/11/2017
Dominic Jacquesson                           974,359   5/2/2010 - 4/11/2017
Chris Kington                                344,615   5/2/2010 - 4/11/2017
Quentin Brocklebank                          461,538   5/2/2010 - 4/11/2017

 

                                    - ends -                                    

 
Julian Turner, Chief Executive                                           
Electric Word                        0207 954 3470                       
                                                                         
Tim Spratt / Helen Thomas                                                
Financial Dynamics                   0207 831 3113                       

 



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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