Director Shareholding
17 6월 2003 - 1:22AM
UK Regulatory
RNS Number:3858M
Electrocomponents PLC
16 June 2003
ELECTROCOMPONENTS PLC ("Electrocomponents")
Long Term Incentive Share Option Plan (the "Plan")
Electrocomponents announces the following:
On 16 June 2003, the Company was informed that on 16 June 2003 the Remuneration
Committee granted options over Electrocomponents 10p ordinary shares ("Shares")
to Mr I Mason (Group Chief Executive), Mr J L Hewitt (Deputy Chairman and Group
Finance Director), and Mr R B Butler (Chief Process Officer) under the Rules of
the Plan as follows:
Director Number of Shares Exercise Price Total Interest in Share
Options
I Mason 545,272 349p 1,151,984
J L Hewitt 454,806 349p 916,139
R B Butler 354,426 349p 770,039
The options are subject to performance conditions which determine the proportion
(which can vary between 0% and 100%) which will eventually vest.
Following these transactions, Mr Mason has an interest in 36,136 Shares, Mr
Hewitt has an interest in 75,382 Shares and Mr Butler has an interest in 37,136
Shares, together representing less than 0.1% of the issued share capital of the
Company.
At the close of business on 13 June 2003, the mid market price of 10p ordinary
shares in Electrocomponents plc was 351.75p.
CARMELINA CARFORA
GROUP COMPANY SECRETARY
(Tel: 01865 204000)
16 June 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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