Velti PLC
15 April 2008
Velti plc
Issue of Deferred Shares
15 April 2008 -- Velti plc, a leading international provider of mobile marketing
technology for network operators, advertising agencies and media groups,
announced today that on 14 March 2008, the remuneration committee approved the
following grants of deferred shares to certain directors. The grants are
pursuant to the Velti plc Share Incentive Plan, adopted on 26 April 2006, and
their respective Deferred Shares Award Agreements. The Director Share Awards,
which have been granted at the nominal value of 5p per share under the deferred
Shares Award Agreement are summarised below:
Alexandros Moukas 101,500
Christos Kaskavelis 84,000
Pantelis Papageorgiou 62,500
Menelaos Scouloudis 67,500
In each case, the entitlements under these awards will vest in March 2010 and be
subject to the fulfilment of certain performance conditions.
Contacts:
RBC Capital Markets 020-7653-4667
Sarah Wharry
Bankside
Simon Bloomfield or Steve Liebmann 020-7367-8888
This information is provided by RNS
The company news service from the London Stock Exchange
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