TCLARKE PLC

Remuneration Information • Oct 9, 2015

National Storage Mechanism | Additional information

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RNS Number : 8531B

Clarke(T.) PLC

09 October 2015

T.CLARKE PLC

(the "Company")

SAVINGS RELATED SHARE OPTION SCHEME - GRANT OF OPTIONS

On 9th October 2015, the Directors of the Company were granted options over ordinary shares of 10p each in the capital of the Company ("Shares") under the T.Clarke plc Savings Related Share Option Scheme ("the Scheme"). 

Details of the directors and the number of shares over which options were granted to them under the Scheme are as follows:

Director	Number of share options	Exercise price of options
Mark Lawrence	10,322	69.75p /share
Mike Crowder	10,322	69.75p /share
Martin Walton	10,322	69.75p /share

The above represents the maximum number of options available to the directors under the rules of the Scheme.  No consideration was paid for the grant of the options.

The Scheme was formally launched for 2015 on 9th September 2015 and was made available to all eligible employees. The options have an exercise price of 69.75 pence per share which represents a discount of 10% to the market price at close on 8th September 2015, being the day preceding the Scheme launch.

Options may normally be exercised during the six months following the Maturity Date at the end of the three-year savings period.  The Maturity Date is 30 November 2018. A total of 1,744,284 shares are under option for the Scheme.

Following the grant of the options under the Scheme the Executive Directors hold the following beneficial interests in the issued share capital of the Company:

Director	Beneficial Interest in the Shares of the Company	% of the Issued Share Capital of the Company	Number of Conditional Share Awards Held Under the LTIP Scheme	Total No. Options Under the LTIP Scheme	Total Number of Shares Under SAYE Scheme Option
Mark Lawrence	26,750	0.05%	290,000	59,000	24,845
Mike Crowder	18,750	0.03%	290,000	59,000	24,845
Martin Walton	16,750	0.02%	290,000	59,000	24,845
Danny Robson	1,451,906	3.47%	90,000	Nil	Nil

For further information contact:

TClarke plc
Mark Lawrence, Group Chief Executive
Martin Walton, Finance Director Alexandra Dent, Company Secretary
Tel: 020 7997 7400
www.tclarke.co.uk
N+1 Singer (Financial Adviser and Broker)
Sandy Fraser, Partner
Tel: 020 7496 3000
www.n1singer.com
Broker Profile
Simon Courtenay
Harry Rippon
Tel: 020 7448 3244
www.broker-profile.com

This information is provided by RNS

The company news service from the London Stock Exchange

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