Grant of Options (1552R)
October 31 2011 - 7:58AM
UK Regulatory
TIDMCLEA
RNS Number : 1552R
Cleardebt Group PLC
31 October 2011
ClearDebt Group Plc ("Cleardebt" ot "the Company")
Grant of EMI Options
ClearDebt Group Plc announces that on 31 October 2011 it granted
EMI share options to employees over a total of 6,575,000 ordinary
shares in the Company at 1.75p per share representing approximately
2.1 per cent of the issued share capital of the Company. The grant
of options included a grant to David Mond, CEO, of 750,000 EMI
options to subscribe for ordinary shares in the Company at 1.75p
per share. The Company also granted to David Shalom 750,000 EMI
options to subscribe for ordinary shares in the Company at 1.75p
per share. The Company also granted to Sam Mond 375,000 EMI options
to subscribe for ordinary shares in the Company at 1.75p per share.
In each case these are the only options awarded. The EMI options
are ordinarily exercisable between 31 October 2014 and 31 October
2021.
For further information, please contact:
David Mond ClearDebt Group plc Tel: 0161 969
2023
John Cowie/ Seymour Pierce Limited Tel: 020 7107
Guy Peters 8000
(Corporate Broker
and Nominated Adviser)
David Banks/Katie (Corporate Broking)
Ratner
This information is provided by RNS
The company news service from the London Stock Exchange
END
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