Calyx Group PLC
01 November 2006
FOR IMMEDIATE RELEASE 1 November 2006
Calyx plc
('the Company')
Grant of share options
Calyx Group plc, one of the largest single source providers of Networked IT
Services in both the United Kingdom and Ireland, today announces that the
Company has granted share options to Directors and staff. The options will be
exercisable at 90 pence (€0.60) per Ordinary Share.
Shares Total share Beneficial Resultant Resultant
options Interest Beneficial Beneficial
granted on 1 options held prior to Interest interest as
November 2006 on the grant (assuming a per cent
Director of the all options of the
1 November share exercised) enlarged
2006 options issued
share
capital
No. No. No. No. %
Maurice Healy 500,000 500,000 19,833,075 20,333,375 28.31
Peter Jenkins 300,000 300,000 - 300,000 0.42
Ger Coakley 102,750 250,000 817,939 1,067,939 1.49
Judith O'Brien 52,750 200,000 817,939 1,017,939 1.42
Other Staff 2,350,800 3,193,000 n/a n/a n/a
Notes
1. The options were granted for nominal consideration;
2. All Board Directors and other senior executives' new options will have a
performance condition; all other options will not have a performance condition;
4. The Company currently has 67,369,315 Ordinary Shares in issue;
5. The Company now has 4,443,000 share options outstanding, representing 6.6% of
the current issued Ordinary Share capital or 6.2% of the enlarged issued
Ordinary Share capital
6. All the options will have vesting periods which are the same as the Company's
existing options i.e. 50% vest after 2 years and the other 50% vest after 3
years.
For further information, please contact
Calyx Group plc
Maurice Healy, Chief Executive +353 1 883 5509
Peter Jenkins, CFO +353 1 883 5509
Buchanan Communications
Tim Thompson/James Strong +44(0)20 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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