RTS NetWorks Group PLC
6 March 2000
RTS NETWORKS GROUP PLC ('the Company')
RTS NetWorks Group PLC has been notified by Mr Philip Bryan Johnson and Mr
David Peter Timmins, Non-executive Directors of the Company, that they have
each been granted an option to purchase 250,000 ordinary shares in the capital
of the Company from Robotic Technology Systems PLC.
The options are exercisable at the flotation price of 62.5p and, subject to
certain restrictions, are exercisable over a period of ten years from the date
of grant. Under normal circumstances, an option, unless exercised previously,
will lapse:
1. on the expiration of six months after the option holder ceases to be a
director of Robotic Technology Systems PLC or employed by a member company of
the Robotic Technology Systems Group;
2. on a change in the control of or on the commencement of the winding up of
RTS NetWorks Group PLC; and
3. on the option holder becoming bankrupt.
In the case of death of the option holder, his option will lapse one year
following the date of death.
The terms of the options are subject to adjustment on a variation in the share
capital of the Company.
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