Issue of share options

    RNS Number : 0804X
  Braemar Group PLC
  19 June 2008
   

    19 June 2008

    Braemar Group plc
    ("Braemar" or the "Group")

    Issue of share options

    Braemar Group plc announces that, on 18 June 2008, the following share options over new ordinary shares of 1p each have been granted to
directors under the rules of its share option schemes:

    Marc Duschenes, Chief Executive             3,500,000, 
    equivalent to 2.14% of the issued share capital of the Company

    Martin Robinson, Executive Chairman       3,000,000,
    equivalent to 1.83% of the issued share capital of the Company

    Jonathan Murphy, Finance Director        3,500,000,
    equivalent to 2.14% of the issued share capital of the Company

    In addition, a total of 865,000 share options have been issued to members of staff, equivalent to 0.53% of the issued share capital of
the Company.

    All the options are exercisable at a price of 1.25 pence per share. The options granted to the directors are only exercisable once
certain earnings per share performance related criteria have been achieved. 

    The options granted to Marc Duschenes, 1,597,722 of the options granted to Martin Robinson and 3,362,111 of the options granted to
Jonathan Murphy are under the rules of the Company's unapproved share option scheme. All other options have been granted under the rules of
the Company's approved share option scheme.

    Following the options granted above, the Directors' interests in the total voting rights of the Company are detailed below:

                  Total number of       Percentage of issued  No. of Ordinary       Percentage of issued
                  share options held    share capital         Shares                share capital
 Marc Duschenes              4,068,975                 2.48%            29,918,332                    18.27%
 Martin Robinson             3,568,975                 2.17%             4,490,001                     2.74%
 Jonathan Murphy             4,637,950                 2.83%             1,126,361                     0.69%


    For further information contact:

    Marc Duschenes, Chief Executive, Braemar Group plc     0161 929 4969
    Martin Robinson, Chairman, Braemar Group plc              0161 929 4969
    Julie Serrage, Investor Relations, Braemar Group plc      0161 929 4969
    Alex Clarkson/Nick Cowles, Zeus Capital Limited            0161 831 1512


This information is provided by RNS
The company news service from the London Stock Exchange
 
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