8 July 2008
On-line PLC ('On-line' or the 'Company')
On 8 July 2008, the Company approved the re pricing of all out standing options of Ordinary shares of 1p ('Ordinary Shares') to the following directors and employees:
Clement Chambers
150,000 granted 2nd Sept 03 @ 22.75 pence
150,000 granted 27th Jan 05 @ 46 pence
100,000 granted 9th May 07 @ 25 pence
Michael Hodges
150,000 granted 2nd Sept 03 @ 22.75 pence
150,000 granted 27th Jan 05 @ 46 pence
100,000 granted 9th May 07 @ 25 pence
Jonathan Mullins
150,000 granted 2nd Sept 03 @ 22.75 pence
50,000 granted 27th Jan 05 @ 46 pence
100,000 granted 9th May 07 @ 25 pence
David Crump
130,000 granted 2nd Sept 03 @ 22.75 pence
50,000 granted 27th Jan 05 @ 46 pence
100,000 granted 9th May 07 @ 25 pence
Anita Deacon
10,000 granted 27th Jan 05 @ 46 pence
The Company has re-priced all 1,390,000 outstanding options to 20 pence, being the offer price as at close of business on 7 July 2008.
Contacts
Grant Thornton UK LLP (Nominated Adviser):
Fiona Kindness, Director, 020 7728 3414