RNS Number : 4820C
  United Carpets Group plc
  01 September 2008
   

    United Carpets Group plc (the "Company")

    Grant of Options to Director


    United Carpets Group plc ("the Company") announces that on 29 August 2008 it granted options under its Share Option Scheme (adopted on
10 February 2005) over a total of 1,772,151 ordinary shares in the capital of the Company at an exercise price of 9.875 pence per share to
Ian Bowness, a director of the Company.

    These options are normally exercisable between the third and tenth anniversaries of the date of grant, subject to the satisfaction of a
performance condition. The condition requires the growth in earnings per share of the Company over the period of three financial years
commencing with the financial year ending 31 March 2009 to exceed by at least 3 per cent per annum the growth in the Retail Prices Index
(all items) over the same period. The performance condition will not apply in the event of a take-over of the Company.  

    For Further information please contact:

    Jonathan Wright
    Seymour Pierce Limited    0207 107 8000 





This information is provided by RNS
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