Director/PDMR Shareholding

RNS Number : 6668B

Sarantel Group PLC

19 August 2008

 



19 August 2008

Sarantel Group plc 

('Sarantel' or the 'Company')

Issue of share options

The Company announces that it yesterday granted options over 313,333 ordinary shares to David Wither, Chief Executive Officer of the Company.

The options have been granted under the SAYE scheme. The exercise price is 3 pence per share and these options may be exercised at any time after 18 August 2011 and the options shall expire after 10 years from grant. 

Following the grant of these options, Mr Wither's option holdings will be:

	No. of options	Exercise price	Exercise period
David Wither	833,333	7p	4 August 2004 to 3 August 2014
	515,146	7p	4 August 2004 to 3 August 2014
	250,000	7p	1 March 2006 to 28 February 2016
	711,739	7p	5 August 2004 to 4 August 2014
	3,400,000	4.75p	25 April 2008 to 24 April 2018
	313,333	3p	18 August 2008 to 17 August 2018

Enquiries:

Sarantel
David Wither, Chief Executive Officer	01933 670 560
Sitkow Yeung, Finance Director
John East & Partners Limited	020 7628 2200
John East/Simon Clements
College Hill	020 7457 2020
Adrian Duffield/ Ben Way

Notes to Editors:

Sarantel (www.sarantel.com)

Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications including hand-held navigation, satellite radio and laptop computers.  

Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative high-volume consumer products incorporating technologies such as GPS, Wi-Fi, WiMax, 3G, GPRS, Satellite Radio and Bluetooth.

 

END

 

 

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