Knowledge Technology Solutions PLC
13 May 2002
FOR IMMEDIATE RELEASE 13 May 2002
KNOWLEDGE TECHNOLOGY SOLUTIONS ('KTS' or 'the Company')
EMPLOYEE SHARE OPTION SCHEME
In accordance with the Company's stated intention to create an incentive scheme
for the purposes of retaining and recruiting key employees, KTS has now
established an EMI Share Option Scheme.
The number of options granted to employees totals 2,775,000 at an option price
of 4.5p. This total includes 500,000 options granted to director Marc
Pinter-Krainer who, through Smartshares Inc., also has an interest in 20,000,000
ordinary shares or 24.5% of the Company's shares. No other director benefits
from the scheme.
Contact:
Marc Pinter-Krainer 020 8795 2700
KTS
Roland Cornish 020 7628 3396
Beaumont Cornish Limited
This information is provided by RNS
The company news service from the London Stock Exchange