15 Feb 2008 16:32
St. Modwen Properties PLC15 February 2008 15 February 2008 St Modwen Properties PLC (the "Company") Directors' share option awards The Company announces that the following grants of zero cost options under theCompany's Performance Share Plan have been made on 12 February 2008 to executivedirectors: New Options TotalOptions now heldW. A. Oliver 129,072 shares 644,070 sharesT. P. Haywood 75,501 shares 215,279 sharesS.J. Burke 72,055 shares 228,255 shares The vesting of these awards will be subject to the Company's performance over athree year period measured by reference to two performance tests: Net AssetValue Growth and Absolute Total Return, as described in the Circular toshareholders dated 23 March 2007. ENQUIRIES: St. Modwen Properties PLC Tel: 0121 222 9400Jon Messent, Company Secretary This information is provided by RNS The company news service from the London Stock Exchange