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(RNS)
2009-08-18 16:29
Jacques Vert PLC - Directors' right to acquire shares |
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RNS Number : 6486X Jacques Vert PLC 18 August 2009
JACQUES VERT PLC Directors' Purchase of Shares On 18 August 2009, the Remuneration Committee of the Board of Jacques Vert Plc ("the Company"), the clothing retailer, granted the right to acquire Shares as set out below at nil cost under the Jacques Vert Plc Executive Incentive Plan ("the Plan") subject to the Rules of the Plan and the satisfaction of agreed performance conditions.
In addition, the Company announces that Paul Allen has become beneficially interested in 100,000 of Ordinary shares in the Company as a result of the acquisition today of such shares at a price of 6.1 pence per share. The shares were purchased on his behalf by his self invested pension plan. Following the purchase of these Ordinary Shares, Mr Allen is beneficially interested in 1,157,794 Ordinary shares in the Company: CONTACTS: Paul Allen, Chief Executive Ian Johnson, Group Finance Director Jacques Vert Plc Tel: 08700 345636 Alistair Mackinnon-Musson Nicola Savage Hudson Sandler Tel: 020 7796 4133 Email: jacquesvert@hspr.com
This information is provided by RNS The company news service from the London Stock Exchange END
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