Stoddard Sekers International plc Savings Related Share Option Scheme explanatory booklet

• Reference:GB 248 STOD/200/2/10/5/2
• Dates of Creation:c1994
• Physical Description:
  1 booklet

• Scope and Content

  Explains how the scheme works.

• Administrative / Biographical History

  The Company decided to introduce a new Savings Related Share Option Scheme from September 1994. Employees who had worked for a Stoddard Sekers Group company for at least two years and were employed eight hours or more per week had a chance to buy shares in Stoddard Sekers International plc on special terms through the scheme. Employees saved over a five year period and at the end of that period they could use these savings, plus a substantial bonus (the interest on the savings) to buy shares in Stoddard at a price agreed at the time saving commenced.