Business
Share Options
Share Options.
About this update from Calnex Solutions Plc
[{"type":"text","content":"\n Calyx Group PLC\n01 November 2006\n\n\nFOR IMMEDIATE RELEASE 1 November 2006\n\n Calyx plc\n\n ('the Company')\n\n\n Grant of share options\n\n\nCalyx Group plc, one of the largest single source providers of Networked IT\nServices in both the United Kingdom and Ireland, today announces that the\nCompany has granted share options to Directors and staff. The options will be\nexercisable at 90 pence (€0.60) per Ordinary Share.\n\n Shares Total share Beneficial Resultant Resultant\n options Interest Beneficial Beneficial\n granted on 1 options held prior to Interest interest as\n November 2006 on the grant (assuming a per cent\nDirector of the all options of the\n 1 November share exercised) enlarged\n 2006 options issued\n share\n capital\n No. No. No. No. %\n\nMaurice Healy 500,000 500,000 19,833,075 20,333,375 28.31\nPeter Jenkins 300,000 300,000 - 300,000 0.42\nGer Coakley 102,750 250,000 817,939 1,067,939 1.49\nJudith O'Brien 52,750 200,000 817,939 1,017,939 1.42\nOther Staff 2,350,800 3,193,000 n/a n/a n/a\n\n\nNotes\n\n\n1. The options were granted for nominal consideration;\n\n\n2. All Board Directors and other senior executives' new options will have a\nperformance condition; all other options will not have a performance condition;\n\n\n4. The Company currently has 67,369,315 Ordinary Shares in issue;\n\n\n5. The Company now has 4,443,000 share options outstanding, representing 6.6% of\nthe current issued Ordinary Share capital or 6.2% of the enlarged issued\nOrdinary Share capital\n\n\n6. All the options will have vesting periods which are the same as the Company's\nexisting options i.e. 50% vest after 2 years and the other 50% vest after 3\nyears.\n\n\nFor further information, please contact\n\nCalyx Group plc\nMaurice Healy, Chief Executive +353 1 883 5509\nPeter Jenkins, CFO +353 1 883 5509\n\nBuchanan Communications\nTim Thompson/James Strong +44(0)20 7466 5000\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2823,"tagName":"div"}]