Business
Director Shareholdings
Director Shareholdings.
About this update from Velocity Composites Plc
[{"type":"text","content":"\n RNS Number : 4847U Velti PLC 25 June 2009 \n \n25 June 2009\n\nVelti plc\n\nNon-Executive Directors' Compensation in Shares\n\nThe Board of Velti plc agreed on 23 June 2009 that the Non-Executive Directors will receive 60% of their compensation for the period May 2009 to April 2010 in the Company's Ordinary 5p shares.\nNon-Executive Director Shares to be issued as Compensation\nDavid Mann 24,754\nDavid Hobley 15,753\nNicholas Negroponte 15,753\nJerry Goldstein 15,753\nApplication will be made to the London Stock Exchange for the 72,013 new Ordinary 5p Shares in the Company to be admitted to trading on AIM. The total number of Ordinary 5p Shares in issue post-admission will be 34,835,261.\nEach director's holding post the issue of these shares will be:\nDavid Mann 109,765\nDavid Hobley 69,851\nNicholas Negroponte 760,598\nJerry Goldstein 404,419\nThe shares have been issued at 154.3p, the average of the closing mid market share price for the 30 days prior to 23 June 2009.\n\n \nCONTACTS\nVelti:\n\nAlexandros Moukas, Chief Executive Officer +44 (0) 20 7633 5000\n\nPantelis Papageorgiou, Finan...