Grant of Options

RNS Number : 4769T

Immedia Group PLC

29 September 2010

 



Immedia Group Plc

("Immedia" or "the Company")

Grant of Options under the EMI Share Option Scheme

The Directors of Immedia Group Plc (AIM: IME), the UK's leading provider of live, bespoke radio stations, digital signage and music for retail, are pleased to announce details of the grant of new share options.

A total of 60,000 options were granted on 28 September 2010 under the Immedia Group Plc EMI Share Option Scheme ("options").

Name and Position	EMI Share Options Granted on 28 September 2010	Total No. of EMI Options held
Steven Loftus
Chief Operating Officer	60,000	102,500

The exercise price for this award is 10.0 pence per share, which was a 17.6% premium to the closing mid market price on 27 September 2010.  The options are fully vested and exercisable within 5 years of the date of grant.

These options have been granted to Mr Loftus on his appointment to the Immedia Group Plc board.

Full details of these options will be disclosed in the Company's 2010 financial statements.

Enquiries:

Immedia Group Plc
Bruno Brookes, Chief Executive Officer	Tel: + 44 (0) 1635 556 200
Daniel Stewart & Company Plc
Paul Shackleton/Tessa Smith	Tel: + 44 (0) 20 7776 6550
Hudson Sandler
Nick Lyon	Tel: + 44 (0) 20 7796 4133

 

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