Grant of Options
Delling Group PLC
26 March 2008
26 March 2008
DELLING GROUP PLC (DLG.L)
The AIM-listed marketing support services group
Re: Grant of share options
Delling Group PLC ('Delling' or 'the Company'), the AIM-listed integrated
marketing support services company, announces that it has granted 13,000,000
share options at an exercise price of 6p to directors and employees. The share
options will become exercisable after 26th March 2008 and will expire on 26th
March 2018. The grants to directors included 4,000,000 share options each to Mr.
Bratvedt and Mr. Lolleng who will after this grant have 5,511,725 share options
in total each; 2,000,000 share options to Mr Lowe who will have after this grant
3,340,890 share options in total and 1,000,000 share options to Mr. Von Schedvin
who will have after this grant 2,340,890 share options in total.
Under the rules of the scheme, the options may be exercised immediately after
the date of grant and may not in any event be exercised later than the tenth
anniversary of the date of grant.
Contact:
Delling Group Plc
Aksel Bratvedt, Executive Chairman Tel: 0207 484 5663
Rob Lowe, Non-Executive director,
company secretary Tel: 07917148930
Geir Lolleng, CEO Tel: +46765276024
www.dellinggroup.com
Nabarro Wells & Co Limited - Nominated Advisor
Hugh Oram Tel: 020 7710 7400
Notes to Editors
Delling Group is a leading supplier of marketing support services for marketing
and communication departments throughout The Nordic countries.
Delling manages all fields of graphic support in many different forms and
formats including trade fairs, exhibitions and interactive digital solutions for
the web, mobile telephone marketing solutions, motion media for flat screens,
plasma or LCD.
It also supplies IT solutions which support and increase the efficiency of both
marketing and information departments. However, its major strength is that the
Group can deliver complete turnkey solutions, tailor-made for its customers'
every need. Delling also offers outsourcing solutions that can substantially
save costs and improve efficiency.
The Group's major activities are today concentrated in the Norwegian and Swedish
markets, however, it is quickly expanding into other Nordic areas, as well as
having customers and production facilities in Eastern Europe. It also has well
respected suppliers as far a field as China and Thailand.
Delling Group currently has 125 employees. It is rapidly developing its
organisation by focusing on supplying its customers with the quality they
demand, delivered on time at the right price. Central to its philosophy lies the
fact that its customers will obtain greater effects and efficiency for every
pound they invest in marketing and information. The Group is growing strongly,
both through development of existing clients and the establishment of many new
relationships, together with acquiring companies that enhance and further
develop its business concept.
Delling's goal is within the course of the next two years, through both
satisfied customers and recommendations, to be the largest company in the field
of marketing support services within the Nordic countries, and a significant
player within Eastern Europe. In October 2004 it was the first Scandinavian
business to be listed on the Alternative Investment Market, the London Stock
Exchange's international market for smaller growing companies. This has given
Delling the access it needs to capital funds needed to maintain and strengthen
the further development of the Group.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange