Business
Issue of Options
Issue of Options.
About this update from Cloudcoco Group Plc
[{"type":"text","content":"\n RNS Number : 4236V Pinnacle Telecom Group PLC 09 July 2009 \n \n9 July 2009 \nPinnacle Telecom Group plc\n('Pinnacle' or 'the Company')\n \nGrant of Share Options\n\nPinnacle Telecom Group plc, the Scottish based provider of integrated telecommunications solutions aimed at the SME market announces the following award of options over the Company's ordinary shares of 0.1p each.\n\n\n\n\n\nName\n\n\nPosition\n\n\nNumber of options awarded\n\n\nExercise price per share\n\n\nTotal number of options held\n\n\nTotal number of ordinary shares held\n\n\nPercentage of issued ordinary share capital\n\n\n\n\nDarron Giddens\n\n\nCEO Accent Telecom UK Limited\n\n\n\n\n8,333,333\n\n\n\n0.3p\n\n\n\n8,333,333\n\n\n\n168,273,709\n\n\n\n9.88%\n\n\n\n\nPaul Goodland\n\n\nConsultant Accent Telecom UK Limited\n\n\n\n\n8,333,333\n\n\n\n0.3p\n\n\n\n8,333.333\n\n\n\n168,273,709\n\n\n\n9.88%\n\n\n\n\nAlan J Bonner\n\n\nGroup Chief Executive Officer\n\n\n\n\n15,000,000\n\n\n\n0.3p\n\n\n\n69,545,455\n\n\n\n122,727,273\n\n\n\n7.21%\n\n\n\n\nPeter Halshaw\n\n\n\nHead of Telecom Services Accent Telecom UK Ltd\n\n\n\n\n2,000,000\n\n\n\n0.3p\n\n\n\n2,000,000\n\n\n\n0\n\n\n\n\n0.00%\n\n\n\n\nNicke Sacke\n\n\nNational Sales Manager Accent Telecom UK Ltd\n\n\n\n\n2,000,000\n\n\n\n0.3p\n\n\n\n2,000,000\n\n\n\n0\n\n\n\n\n\n0.00%\n\n\n\n\nBrian McMillan\n\n\n\nManaging Director\nColloquium Limited\n\n\n\n\n2,000,000\n\n\n\n0.3p\n\n\n\n2,000,000\n\n\n\n0\n\n\n\n0.00%\n\n\n\n\n\nDavid Lloyd\n\n\n\n\n\nHead of Telecom Services Pinnacle Telecom plc\n\n\n\n2,000,000\n\n\n\n0.3p\n\n\n\n2,000,000\n\n\n\n0\n\n\n\n0.00%\n\n\n\n\nThe grants are being made under the Pinnacle Telecom Group plc unapproved share option scheme, in the case of Mr. Goodland and Mr. Giddens, and under the Pinnacle Telecom Group plc EMI approved share option scheme in the case of all the others. The options will vest on the second anniversary of the date of grant, and will lapse if not exercised within ten years f...