Grant of Options
12 Octubre 2005 - 8:43AM
UK Regulatory
RNS Number:5715S
In Cup Plus PLC
12 October 2005
12 October 2005
IN CUP PLUS PLC
GRANT OF OPTIONS
The board of In Cup Plus PLC ("In Cup Plus" or the "Company") has today granted
974,700 options over ordinary shares to Kevin Mills, managing director of E
Break Limited, at an exercise price of 6.95p per ordinary share. The options
will be exerciseable from 12 October 2008 and will lapse on 12 October 2015.
The options have been granted pursuant to the rules of the In Cup Plus
Enterprise Management Incentive Plan and will be subject to performance criteria
which will require the Company's share price to increase by at least 20 per
cent. compound per annum in comparison to the exercise price.
For further information please contact:
In Cup Plus PLC
Jane Ker 08707 461 8888
07957 595 342
Deloitte Corporate Finance
Jonathan Hinton 020 7936 3000
Feilim McCole
The directors of In Cup Plus accept responsibility for the information contained
in this announcement. To the best of the knowledge and belief of the directors
of In Cup Plus (who have taken all reasonable care to ensure that such is the
case) the information contained in this announcement is in accordance with the
facts and does not omit anything likely to affect the import of such
information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUUSORVARRAAA
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