Share Option Grant

Creightons Plc

(the "Company" or "the Group")

Share Option Grant

This notification is made in accordance with DTR 3.1.4R(1)(a).  

Creightons plc announces that options over a total of 1,965,000 ordinary 1p shares in the Company have been granted to 481 employees of companies in the Group as part of the Company's policy of providing long-term share-linked and tax-effective incentives to all employees of the Group employees and directors.

These options have been granted under the Company's 2018 Share Option Plan and represent a dilution of 3.03% of the Company's total equity.

The Board believes this is an effective way of rewarding service and commitment to the Group and to provide on-going incentives to all employees and directors.

The options were issued at 74.50p per ordinary share and can be exercised between the third and tenth anniversary of 16^th March 2021, subject to the option holder's continued employment and the Company's share price having been not less than 74.50p per share for three consecutive days on or after 16^th March 2024. No consideration is payable in respect of the grant of these options.

Shareholders will benefit from this grant since it re-enforces the Company's policy of providing long-term share-linked and tax-effective incentives to all our employees.