15 Jun 2017 16:48
15 June 2017
Lookers plc
Grant of share options under the Lookers plc Long-Term Incentive Plan
The Board of Directors of Lookers plc ("Lookers" or the "Company") announces that, following approval by the Company's Remuneration Committee, the Company granted options to certain directors (the "Options") on 13 June 2017.
The Options have been granted pursuant to the rules of the Lookers plc Long-Term Incentive Plan (the "plan") which were approved by the Company's shareholders on 25 May 2017.
The Options have been granted over a total of 909,794 ordinary shares of £0.05 each in the capital of the Company ("Shares").
In normal circumstances, the Options are exercisable three years from the date of grant (to the extent to which the performance criteria have been met).
Name Number of shares under option
Andy Bruce 450,612
Robin Gregson 229,591
Nigel McMinn 229,591
Enquiries:
Lookers
Robin Gregson, Chief Financial Officer Tel: 0161 291 0043
Bell Pottinger
Victoria Geoghegan Tel: 020 3772 2500
Nick Lambert
Zara de Belder