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600 Group PLC
13 February 2008
13 February 2008
The 600 Group Plc
("600 Group" or the "Company")
Proposed introduction of an equity incentive scheme
The Company announces that, in order to provide appropriate incentives for its
executive directors and senior managers, which align their interests with those
of the Company's shareholders, the Remuneration Committee of the Board has
designed The 600 Group Plc 2008 Performance Share Plan ("PSP"). A circular,
setting out the reasons for the introduction of the PSP and a summary of its
proposed rules has been posted to 600 Group shareholders (the "Circular").
A notice of an extraordinary general meeting to be convened on 29 February 2008
for the purpose of approving the introduction of the PSP is contained in the
Circular.
Copies of the Circular have been sent to the Document Viewing Facility which is
situated at:-
Financial Services Authority
25 The North Colonnade,
Canary Wharf,
London.
E14 5HS
(0207 066 1000)
Enquiries:
The 600 Group PLC Telephone: 0113 277 6100
Andrew Dick, Group Chief Executive
Martyn Wakeman, Group Finance Director
Hudson Sandler Telephone: 020 7796 4133
Wendy Baker
Notes to Editors:
The 600 Group PLC is an international group, manufacturing and marketing machine
tools, machine tool accessories, lasers and other engineering products.
The Group operate from some 30 locations world-wide and sell its products around
the world. Its international marketing and distribution network handles both
Group products and those of other manufacturers.
Website: www.600group.com
This information is provided by RNS
The company news service from the London Stock Exchange