PORTMEIRION GROUP PLC

Share Issue/Capital Change • Apr 16, 2014

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RNS Number : 0202F

Portmeirion Group PLC

16 April 2014

Portmeirion Group PLC

(the "Company")

Deferred Incentive Share Option Grants & Exercises

The Company announces that on 15 April 2014, it granted options to Executive Directors over a total of 1,739 ordinary shares of 5 pence each in the Company ("Ordinary Shares") pursuant to The Portmeirion Group 2010 Deferred Incentive Share Option Plan (the "Plan").  The following Directors of the Company were granted options as detailed below:

	Number of options granted	Total exercise price	Exercise period
Philip Atherton	392	£1	16 April 2017 - 14 July 2017
Lawrence Bryan	833	£1	16 April 2017 - 14 July 2017
Brett Phillips	509	£1	16 April 2017 - 14 July 2017

In addition, the Company announces that on 15 April 2014, the following Executive Directors exercised options which were granted on 14 April 2011 under the Plan to subscribe for a total of 18,232 Ordinary Shares as detailed below:

	Number of options exercised	Total  exercise price
Lawrence Bryan	11,730	£1
Brett Phillips	6,502	£1

Accordingly,the Company has transferred 18,232Ordinary Shares from shares held in treasury by the Company in respect of the exercises.  Application has been made for 18,232 Ordinary Shares to be admitted to trading on AIM and trading of these shares is expected to commence on 24 April 2014.

The total number of Ordinary Shares which each Executive Director holds following this notification (including the shares above) is:

	Total number Ordinary Shares held	% of issued  share capital
Philip Atherton	-	-
Lawrence Bryan	331,907	3.11
Brett Phillips	106,309	0.99

The total number of Ordinary Shares now held by the Company in treasury is 284,388. The Company has 10,972,154 Ordinary Shares in issue and 10,687,766 Ordinary Shares with voting rights following this notification.

ENQUIRIES:

Portmeirion Group PLC:
Dick Steele Non-executive Chairman	+44 (0) 1782 744 721	steele_clan@msn.com
Bell Pottinger
Dan de Belder	+44 (0) 207 861 3881	ddebelder@bell-pottinger.com
Kashara Taylor	+44 (0) 207 861 3032	ktaylor@bell-pottinger.com
Panmure Gordon (Nominated Adviser and Broker)	+44 (0) 207 886 2500
Freddy Crossley / Nicola Marrin		Corporate Finance
Adam Pollock		Corporate Broking

This information is provided by RNS

The company news service from the London Stock Exchange

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