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Grant of Options

Grant of Options.

articleFiinu PlcSeptember 29, 20104/company/fiinu-plc/news/grant-of-options-13
Grant of Options

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[{"type":"text","content":"\n RNS Number : 4769T Immedia Group PLC 29 September 2010  \n \n\n \n \nImmedia Group Plc\n \n(\"Immedia\" or \"the Company\")\n \n \nGrant of Options under the EMI Share Option Scheme\n \nThe Directors of Immedia Group Plc (AIM: IME), the UK's leading provider of live, bespoke radio stations, digital signage and music for retail, are pleased to announce details of the grant of new share options.\n \nA total of 60,000 options were granted on 28 September 2010 under the Immedia Group Plc EMI Share Option Scheme (\"options\").\n \n\n\n\n\nName and Position\n\n\nEMI Share Options Granted\non 28 September 2010\n\n\nTotal No. of EMI Options held\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSteven Loftus\n\n\n\n\n\n\n\n\n\n\nChief Operating Officer\n\n\n60,000\n\n\n102,500\n\n\n\n\n \n \nThe exercise price for this award is 10.0 pence per share, which was a 17.6% premium to the closing mid market price on 27 September 2010.  The options are fully vested and exercisable within 5 years of the date of grant.\n \nThese options have been granted to Mr Loftus on his appointment to the Immedia Group Plc board.\n \nFull details of these options will be disclosed in the Company's 2010 financial statements.\n \nEnquiries:\n \n\n\n\n\nImmedia Group Plc\n\n\n\n\n\n\n\nBruno Brookes, Chief Executive Officer\n\n\nTel: + 44 (0) 1635 556 200\n\n\n\n\n\n\n\n\n\n\n\n\nDaniel Stewart & Company Plc\n\n\n\n\n\n\n\nPaul Shackleton/Tessa Smith\n\n\nTel: + 44 (0) 20 7776 6550\n\n\n\n\n\n\n\n\n\n\n\n\nHudson Sandler\n\n\n\n\n\n\n\nNick Lyon\n\n\nTel: + 44 (0) 20 7796 4133\n\n\n\n\n \n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  RDSSEUEDAFSSEFU \n ","length":6297,"tagName":"div"}]

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