Grant of Share Options

1 Jul 2005 16:19

Photo-Me International PLC01 July 2005 PHOTO-ME INTERNATIONAL PLC Grant of Share Options to Directors PMI (PHTM.L), the FTSE 250 digital imaging company, announces that it hasgranted options to its four executive Directors over 1.0 million 0.5p ordinaryshares. The exercise price of the options is 104.6p and the amount paid for thegrant is zero. The date of grant was 24 June 2005. The period during which the options willnormally be exercisable is 24 June 2008 - 23 June 2012, but only if aperformance condition is satisfied over a 3 year period. The options granted to individual directors and their total holding of optionsfollowing the grant are as follows: Director Option grant Total options following grantS Crasnianski (CEO) 500,000 500,000J-L Peurois (FD) 300,000 1,300,000R Costi 100,000 975,000F Giuntini 100,000 560,000 1,000,000 Notes for Editors: On 21 June 2005, PMI announced its results for the year ended 30 April 2005,with pre-tax profit up 62% to £34.5m - a record by a wide margin - before anexceptional charge of £0.8m and a goodwill amortisation charge of £0.7m. At yesterday's closing share price of 107.5p, PMI had a market capitalisation of£392m. Enquiries: Photo-Me International plcRobert Lowes (Company Secretary) 01372-453 399 Bankside Consultants LimitedCharles Ponsonby 020-7367 8851 This information is provided by RNS The company news service from the London Stock Exchange