Quercus Publishing plc

LSE : QUPP


October 09, 2012 07:00 ET

Granting of Options

                                                                                 GB00B1G17S00/GBP/PLUS-exn
                                                                                            9 October 2012
                                          Quercus Publishing Plc
                                       ("Quercus" or the "Company")
                                                     
                                            Granting of Options

Quercus  Publishing Plc, the award-winning independent publisher in the digital, trade, contract, paperback
and  children's sectors, announces that it has granted options over a total of 296,334 ordinary  shares  of
0.8  pence  each  in the Company. Of these options, 83,334 have been granted to Colin Adams,  the  recently
appointed Chief Financial Officer and Chief Operating Officer of the Company, and 75,000 have been  granted
to  David  North,  a Director of Quercus. The remaining 138,000 share options have been  granted  to  other
employees of the Company.

All  296,334 share options were granted under the Company's EMI Option Scheme at an exercise price of  81.5
pence  per  share.  Mr Adam's options are exercisable from 17 September 2015 and Mr North's are exercisable
immediately.  All options granted to staff are exercisable after three years of continuous  employment  and
all options expire ten years after the date of grant.

The Directors of the Company are responsible for the contents of this announcement.

  Enquiries to:
  
  QUERCUS PUBLISHING PLC
  Mark  Smith, Chief Executive                                                   Tel:  020 7291 7200
  
  ST HELENS CAPITAL PARTNERS LLP
  Mark Anwyl or Duncan Vasey                                                     Tel:  020 7368 6959
  
  Media Enquiries:
  ATTILA  CONSULTANTS                                                            Tel:  020 7776 8825
  Charles Cook                                                                   Mobile: 07710910563



Contact Information

  • Quercus Publishing plc