Director/PDMR Shareholding

RNS Number : 8808Z
Ten Alps PLC
25 July 2008
 

Ten Alps plc


GRANT OF OPTIONS TO DIRECTORS


Ten Alps plc (the 'Company') announces that on 24 July 2008 it agreed to grant options over a total of 550,000 new ordinary shares of 2p each at a price of 55p per share to certain directors of the Company. A total of 400,000 shares have been granted under the Company's EMI Share Option Scheme ('EMI') and the remaining 150,000 were granted under the Company's Unapproved Share Option Scheme ('USOS') as detailed below.  


The EMI and USOS options will vest between 25 July 2011 and 25 July 2018. There are no performance conditions required to be satisfied pursuant to vesting / exercise.


The details are as follows:


Directors

New EMI options  

granted

New USOS options granted

Total number of EMI options now held 

Total number of USOS options now held

Percentage of issued share capital







Alex M Connock

200,000

0

448,750

0

>0.01%







Nitil Patel

200,000

0

448,750

0

>0.01%







Sir Bob Geldof KBE

0

150,000

0

398,750

>0.01%











25 July 2008


For further information contact:


Ten Alps plc

Nitil Patel, FD                 0207 8782311

Email: nitil@tenalps.com


Collins Stewart Europe Limited

Mark Connelly                   020 7523 8350




This information is provided by RNS
The company news service from the London Stock Exchange
 
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