Business
Issue of options
Issue of options.
About this update from Tmt Investments Plc
[{"type":"text","content":"\n \nRNS Number : 5777F TMT Investments PLC 27 April 2011 \n \n\nTMT INVESTMENTS PLC\n \n(\"TMT\" or the \"Company\")\n \nIssue of Options \n \n \nTMT announces that,at a meeting of the board of directors on 27 April 2011, on the recommendation of the independent directors, Alexander Selegenev was granted options to subscribe for 100,000 new ordinary shares in the Company. Set out below are the terms of issue:\n \n\n\n\n\nNo. of ordinary shares\n\n\nExercise Price\n\n\nExercise Period \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n33,333\n\n\nUS$1\n\n\n31/12/11-30/01/12*\n\n\n\n\n33,333\n\n\nUS$1\n\n\n31/12/12-30/01/13*\n\n\n\n\n33,334\n\n\nUS$1\n\n\n31/12/13-30/01/14*\n\n\n\n\n \n \n* or a period of 30 days starting from the date on which certain circumstances preventing exercise during these periods have ended\n \nFor further information contact: \n \n\n\n\n\nTMT INVESTMENTS PLC\nMr. Alexander Selegenev\nwww.tmtinvestments.com\n \n\n\n+44(0)1534 281 843\[email protected]\n\n\n\n\nZAI Corporate Finance Ltd\nNOMAD and Broker\nRichard Morrison, Wei Wang\n\n\n020 7060 2220\n\n\n\n\n \n \nAbout TMT Investments \n \nThe Investment Policy & Strategy\nThe Company's objective is to generate an attractive rate of return for Shareholders, predominantly through capital appreciation, by taking advantage of opportunities to invest in the TMT Sector. The Company aims to provide equity and equity-related investment capital, such as convertible loans, to private companies which are seeking capital for growth and development, consolidation or acquisition, or as a pre-IPO financing.\n \nIn addition, the Company intends to invest in publicly traded equities which have securities listed on a stock exchange or over-the-counter market. These investments may be in combination with additional debt or equity-related financing, and in appropriate circumstances in collaboration with other value added financial and/or strategic investors.\n \nThe Company is not geographically restricted in terms of where it will consider making investments. It will consider any geographical area, to the extent that the investment fits within the Company's investment criteria. The Directors and Consultants have expertise in emerging markets and, in particular, in Russia and the Comm...