Grant of Options


 

TIDMINVO 
 
RNS Number : 0938E 
Invocas Group plc 
14 December 2009 
 

14 December 2009 
INVOCAS GROUP PLC 
("Invocas" or the "Company") 
Director Shareholding / Grant of Options 
 
 
The Board of Invocas, one of the UK's leading debt solution companies, announces 
that David Macmillan, Chief Executive, and Robbie Drummond, Group Finance 
Director, have been granted 1,750,000 and 
750,000 share options respectively. 
 
 
The options are exercisable at 25.5 pence per share, based on the mid market 
share price at the close of business 11 December 2009. Fifty percent of the 
options are exercisable three years from the date of the grant, and fifty 
percent five years form the date of grant, based on the condition that Mr. 
Macmillan and Mr. Drummond remain employees of the Company for three and five 
years. 
 
 
As a result, Mr. Macmillan and Mr. Drummond are now interested in a total of 
1,750,000 and 875,000 share options respectively over ordinary shares in the 
Company. 
 
 
 
 
For further information: 
 
 
+--------------------------------------------+--------------------------------------+ 
| Invocas Group plc                          | Tel: +44(0)131 222 2460              | 
| Howard Bell, Chairman                      |                                      | 
+--------------------------------------------+--------------------------------------+ 
| Charles Stanley Securities (Nominated      | Tel: +44 (0)20 7149 6000             | 
| Adviser)                                   |                                      | 
| Philip Davies                              |                                      | 
+--------------------------------------------+--------------------------------------+ 
 
 
Website: www.invocasfinancial.com 
 
 
Notes to editors 
Established in 1998, and headquartered in Edinburgh, Invocas Group plc is a 
leading insolvency and debt solutions company operating throughout the UK. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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