City of London Group PLC (UK) – COLG General Meeting

COLG General Meeting
LSE: CIN
15 February 2010
CITY OF LONDON GROUP CALLS GENERAL MEETING

TO APPROVE INCENTIVE PLANS INCLUDING THE GRANTING OF SHARE OPTIONS

City Of London Group Plc (COLG) is pleased to announce that it has today sent a notice to shareholders of a General Meeting of the Company to be held at Mercury House, Triton Court, 14 Finsbury Square London EC2A 1BR on 11th March 2010 at 11 am. The Meeting has been called in order to obtain shareholder approval for an ‘Annual and Deferred Incentive Plan’ and the granting of ‘Fixed Price Options’ and ‘Market Value Options’ over respectively 230,000 and 179,212 ordinary shares of the company to be awarded to the Directors and Senior Management as follows:

Name Number of Fixed Price Options Exercise price for Fixed Price Options Number of Market Value Options(1) Total number of options held following notification Total number of ordinary shares held

Eric Anstee 100,000 55.8p 89,606 189,606 NIL
John Kent 70,000 55.8p 89,606 159,606 NIL
Trevor Hanham 30,000 55.8p NIL 30,000 NIL
Graham White 30,000 55.8p NIL 30,000 NIL

Total 230,000 179,212 409,212 NIL

(1) exercise price for the Market Value Options is equal to the closing middle market quotation of an Ordinary Share on the dealing day immediately preceding the date on which the option is exercised.

COLG has today submitted two copies of the above document to the Financial Services Authority. These will shortly be available for inspection at the Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
These documents are also available on COLG’s website www.cityoflondongroup.com.


08:00 CET 15-02-2010 /HUGIN /Source: City of London Group PLC /LSE: CIN /ISIN: GB0001991685

You may also like...