Grant of Options
September 24 2010 - 2:00AM
UK Regulatory
TIDMCLEA
RNS Number : 2293T
Cleardebt Group PLC
24 September 2010
ClearDebt Group Plc ("ClearDebt" or "the Company")
Grant of EMI Options
ClearDebt Group plc announces that on 21 September 2010 it granted EMI share
options to employees over a total of 1,000,000 ordinary 0.5 pence shares in the
Company ("Ordinary Shares") at 1.75p per share representing approximately 0.3
per cent of the issued share capital of the Company. The grant of options
included a grant to David Mond, CEO, of 500,000 EMI options to subscribe for
Ordinary Shares at 1.75p per share. The Company also granted to David Shalom
500,000 EMI options to subscribe for Ordinary Shares at 1.75p per share.
In each case David Mond and David Shalom now hold options over 875,000 Ordinary
Shares representing approximately 0.3 per cent each in the Company.
The EMI options are ordinarily exercisable between 21 September 2013 and 21
September 2020.
For further information, please contact:
+---------------------------------------+----------------+
| ClearDebt Group plc | Tel: 0161 969 |
| | 2023 |
+---------------------------------------+----------------+
| David Mond | |
+---------------------------------------+----------------+
| Seymour Pierce Limited | Tel: 020 7107 |
| | 8000 |
+---------------------------------------+----------------+
| John Cowie / Guy Peters (Nominated | |
| Adviser) | |
| Katie Ratner / David Banks (Broker) | |
+---------------------------------------+----------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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