Business
Directors Dealings and Grant
Directors Dealings and Grant.
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[{"type":"text","content":"\n RNS Number : 8432J Ten Alps PLC 10 December 2008 \nTen Alps plc\n\n10 December 2008\n\nDirectors Dealings and Grant of Options \n\nDirectors Dealings\n\nTen Alps plc (the 'Company') , the factual media company, has been informed that three Directors purchased ordinary shares in the Company on 9 December 2008 as follows:\n\nAlex Connock, Chief Executive, has purchased 7,234 ordinary shares of 2 pence each ('Ordinary Shares') at a price of 23.5 pence per Ordinary Share through a self invested pension scheme. \n\nNitil Patel, Finance Director, has purchased 18,000 Ordinary Shares at a price of 24 pence per Ordinary Share.\n\nAdrian Dunleavy, Executive Director, purchased 18,000 Ordinary Shares at a price of 23.4 pence per Ordinary Share through a self invested pension scheme.\n\nGrant of Options\n\nAt the same time, the Company has granted options over a total of 800,000 new ordinary shares of 2p each at a price of 25p per share to certain directors of the Company granted under the Company's Unapproved Share Option Scheme ('USOS') as detailed below.\n\nThe USOS options will vest between 9 December 2011 and 9 July 2018. There are no performance conditions required to be satisfied pursuant to vesting / exercise.\n\nThe details of the options granted to directors are as follows:\n\n\n\n\n\nDirectors\n\n\nNew USOS options granted\n\n\nTotal number of USOS options\n now held\n\n\nTotal number of EMI options\n now held\n\n\nTotal number of options now\n held\n\n\n\n\nAlex M Connock\n\n\n200,000\n\n\n400,000\n\n\n248,750\n\n\n648,750\n\n\n\n\nNitil Patel\n\n\n200,000\n\n\n400,000\n\n\n248,750\n\n\n648,750\n\n\n\n\nSir Bob Geldof KBE\n\n\n200,000\n\n\n598,750\n\n\n-\n\n\n598,750\n\n\n\n\nAdrian James Dunleavy\n\n\n200,000\n\n\n400,000\n\n\n-\n\n\n400,000\n\n\n\n\n\nFollowing the grant of options and the above transaction, Mr Connock is interested in 3,243,706 Ordinary Shares, representing 6.17% of the total issued share capital of the Company. Mr Connock is also interested in 648,750 options over Ordinary Shares of the Company.\n\nFollowing the grant of options and the above transaction, Mr Patel is inte...