Holders Technology plc
("Holders Technology" or the "Company")
Issue of Options
Holders Technology plc, (AIM: HDT), announces that on 26 March 2012 it granted
options to acquire 46,598 shares to Victoria Blaisdell, Group Managing
Director, and options to acquire 38,444 shares to Paul Geraghty, Group Finance
Director. The options are granted under the rules of the Key Management
Incentive Plan.
The number of ordinary shares that Ms Blaisdell and Mr Geraghty are entitled to
acquire is determined by reference to the average price of an ordinary share
during the period of 20 dealings days ending with the third anniversary of the
grant of the award (or, in the event of an earlier change of control of the
Company, the price per share payable to shareholders to acquire control). If
that average share price is less than 118 pence, neither Ms Blaisdell nor Mr
Geraghty will have any entitlement to acquire any ordinary shares. If the
average share price is 118 pence, Ms Blaisdell and Mr Geraghty will be entitled
to acquire 4,660 shares and 3,844 shares respectively, and that entitlement
will increase, on a straight line basis, to 46,598 shares and 38,444 shares
respectively where the average share price is 215 pence or higher. Ms Blaisdell
has, at the same time, formally surrendered options granted to her in April
2006 and May 2007 over (in aggregate) 35,000 shares.
For further information, contact:
Holders Technology plc 020 8236 1490
Rudi Weinreich, Executive Chairman
Victoria Blaisdell, Group Managing Director
Paul Geraghty, Group Finance Director
Northland Capital Partners Limited- Nomad & 020 7796 8800
Broker
Shane Gallwey
Website www.holderstechnology.com
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.