Immediate Release: Friday 27th June 2008
SOPHEON PLC
DIRECTORS' SHAREHOLDINGS
Sopheon plc ("Sopheon") announces that it has granted options over Sopheon
Ordinary Shares to certain directors as part of a grant of options to certain
members of management and staff of the group. The options have been granted at
a price of 14.00p per share, being the closing price on 26 June 2008. As part
of this grant, Andrew Michuda and Arif Karimjee, being respectively Sopheon's
CEO and CFO, have been granted options over 230,000 and 100,000 ordinary shares
respectively.
In conjunction with the above grant, certain options previously granted to UK
employees have been cancelled and re-issued under a more tax efficient
structure. This action includes options that had been granted to Arif Karimjee,
comprising options over 200,000 shares at 16.25p granted on 5 November 2003,
and options over 100,000 shares at 19.00p granted on 29 June 2007. Apart from
the tax basis under which they were granted, all conditions with respect to
these options are unchanged from their original basis. Accordingly, the new
options have been granted at the original prices of 16.25p and 19.00p
respectively.
For further information contact:
Barry Mence, Chairman Sopheon plc + 44 (0) 1483 685 735
Arif Karimjee, CFO
Vikki Krause Hansard + 44 (0) 207 245 1100
Communications
+ 44 (0) 7957 203 685
Claire Verhagen Citigate First + 31 (0) 205 754 010
Financial
Paul Davies, Corporate Finance Seymour Pierce + 44 (0) 207 107 8000
Richard Redmayne, Corpoate
Broking
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