Business
Issue of Options
Issue of Options.
About this update from Malvern International Plc
[{"type":"text","content":"\n RNS Number : 7050V AEC Education plc 15 July 2009 \n \nAEC Education plc\n\n('the Company')\n\nIssue of options\n\nThe Company announces that it has today issued the following options over new ordinary shares of 10p each in the Company ('Ordinary Shares') to certain directors of the Company ('Options'). The Options can be exercised between a period of eighteen months and five years from the date of grant at a price of 17.2p per share. The Options have been issued as part of The AEC Education plc Unapproved Executive Share Option Scheme ('the Scheme').\n\n\n\n\n\nDirector\n\n\nOptions granted\n\n\nOptions already held under the Scheme\n\n\nCurrent Ordinary Shareholding\n\n\nCurrent percentage of\nthe existing issued ordinary\nshare capital\n\n\n\n\nDavid Ho\nChief Executive Officer\n\n\n500,000\n\n\n250,000\n\n\n25,000 (1)\n\n\n0.06\n\n\n\n\nLiam Swords\nChairman\n\n\n400,000\n\n\n200,000\n\n\n1,000,000\n\n\n2.34\n\n\n\n\nGopinath Pillai\nNon-executive Director\n\n\n350,000\n\n\n-\n\n\n25,000 (2)\n\n\n0.06\n\n\n\n\nRamasamy Jayapal\nNon-executive Director \n\n\n350,000\n\n\n-\n\n\n574,047\n\n\n1.34\n\n\n\n\n\n(1) This shareholding is registered in the name of David Ho's wife.\n(2) This shareholding is registered in the name of Gopinath Pillai's wife.\n\nIn addition, KSP Investments Pte Ltd currently holds 11,035,037 Ordinary Shares which represents 25.83 per cent. of the existing issued share capital of the Company. David Ho and Gopinath Pillai, hold 44% and 19.5%, respectively, of KSP Investments Pte Ltd.\n\nFor further information contact:\n\n\n\n\n\nAEC Education plc\n\n\n\n\n\n\n\nLiam Swords\n\n\nOffice: +44 (0) 20 8308 1202\n\n\n\n\n\n\n\nMobile: +44 (0) 7775 787 427 \n\n\n\n\nWH Ireland Limited (NOMAD & Broker)\n\n\n\n\n\n\n\nAdrian Kirk\n\n\n+44 (0)161 832 2174\n\n\n\n\nStuart Forshaw\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBiddicks\n\n\n\n\n\n\n\nKatie Tzouliadis\n\n\n+44 (0) 207 448 1000\n\n\n\n\nSophie Lane\n\n\n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSSFUFSISUSESW \n ","length":6919,"tagName":"div"}]