Intec Telecom Systems PLC
11 June 2007
Intec Telecom Systems PLC (the "Company")
Grant of Shares to Directors and PDMRs under Long-Term Incentive Plan
11 June 2007: Following the authorising resolution passed on 10 May 2007 at the
Company's Annual General Meeting, a grant of shares in the Company has today
been made to Directors and Persons Discharging Managerial Responsibilities
("PDMRs") noted below.
In respect of the executive directors named below, these notifications are made
in accordance with DR 3.1.4R(1)(a) and (b), and in respect of the other persons
discharging managerial responsibility named below, in accordance with DR 3.1.4R
(1)(a).
On 11 June 2007 the following executive directors and persons discharging
managerial responsibility were granted an award under the Long-Term Incentive
Plan entitling them to acquire ordinary shares of 1 pence each in the Company as
summarised below.
Executive director Number of Shares subject to award Total number of shares under
Options/award held following grant
Robin Taylor 436,363 864,934
Gary Bunney 448,000 1,665,597
PDMR Number of Shares subject to award Total number of shares under
Options/award held following grant
Gary Burch 218,181 434,034
Fred Brott 193,090 1,226,262
Ian Gordon 167,832 1,286,440
Norm Halvorson 96,428 425,421
Jim Meginley 177,922 862,829
Jacqui Summons 218,181 491,990
David Heaps 115,244 353,339
Andrew Rodaway 55,944 316,980
No consideration was paid for the grant of the awards and only the executive
directors will have to pay an Option price of 1 pence per share to exercise
their award following vesting. Awards will normally vest on 1 December 2009
subject to continued employment and meeting the earnings per share and total
shareholder return performance conditions detailed in the Long-Term Incentive
Plan.
The Company was informed of the above transactions on 11th June 2007.
Name of contact and telephone number for queries: Craig Preston (Company
Secretary) on 01483 745800.
For and on behalf of Intec Telecom Systems PLC
Craig Preston
Company Secretary
Date: 11th June 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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