14 December 2012
MILESTONE GROUP PLC
"Milestone" or the "Company"
Issue of options
Milestone, the AIM-quoted (AIM: MSG) provider of digital media and technology solutions, announces that on 13 December 2012 it issued 7,695,000 options to certain employees of the Group.
The options are exercisable at a price of 1.5 pence per share at any time from the first anniversary to the tenth anniversary of the date of issue. 50% of the options become exercisable when the Company's closing mid-market share price has exceeded 2 pence for 15 consecutive business days. The remaining 50% of the options become exercisable when the Company's closing mid-market share price has exceeded 3 pence for 15 consecutive business days.
Subsequent to the issue of options described above the Company has a total of 23,695,000 options over ordinary shares in issue.
The issued share capital of the Company comprises 393,078,825 ordinary shares of £0.001 each.
For further information:
Milestone Group PLC Deborah White, Chief Executive | Tel: 020 7929 7826 |
Cairn Financial Advisers LLP, Nominated Adviser Liam Murray / Avi Robinson | Tel: 020 7148 7900 |
Hybridan LLP, Broker Claire Louise Noyce / Deepak Reddy | Tel: 020 7947 4350 |