Issue of options
June 30 2008 - 8:40AM
UK Regulatory
RNS Number : 8767X
ALL IPO PLC
30 June 2008
ALL IPO PLC
Issue of options
30th June 2008
ALL IPO PLC ('ALL IPO' or the 'Company')
On the 30th June, the Company approved the grant of options over new Ordinary shares of 1p ('Ordinary Shares') to the following
employees:
NAME OPTIONS TOTAL OPTIONS HELD
Clement Chambers 875,000 1,748,513
Michael Hodges 875,000 1,748,513
Chris Newland 650,000 750,000
Robert Emmet 100,000 100,000
An additional 600,000 options have been granted to non-directors of the company.
The options over ordinary shares in the Company were granted at a price of 1.375 pence and are exercisable up to 30th June 2018.
The company has re-priced all outstanding options to the current mid price of 1.375 pence. The number of options to be re-priced is
2,317,026 comprising 1,847,026 director options and 470,000 non-director options.
Contacts:
All IPO plc:
Chris Newland, Chief Operating Officer, 020 7070 0991
Grant Thornton UK LLP (Nominated Adviser):
Fiona Kindness, Director, 020 7728 3414
This information is provided by RNS
The company news service from the London Stock Exchange
END
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