Intec Telecom Systems PLC
14 December 2006
14 December 2006
Intec Telecom Systems PLC
Share option grant to directors and PDMRs
On 14 December 2006 the following person discharging managerial responsibility
("PDMR") for the Company, was granted options entitling him to acquire
ordinary shares of 1 penny in the Company under the Intec Company Share Option
Scheme, as summarised below:
Total number Number of shares
of shares covered covered by option Exercise price
PDMR by option (HMRC approved scheme) per share
Gary Burch 215, 849 75,471 39.75 pence
The options will normally vest and become exercisable annually at the rate of
50%, 50%, subject to continued employment and the satisfaction of
performance conditions.
The above notifications are made in accordance with DR 3.1.4R (1) (a).
No consideration was paid for the grant of the options and the payment of the
aggregate price is due on the exercise of these options.
Intec Telecom Systems PLC was informed by the executive directors of the above
transactions on 14 December 2006.
Name of contact and telephone number for queries:
Craig Preston, Company Secretary +44 1483 745800
For and on behalf of Intec Telecom Systems PLC.
Craig Preston, Company Secretary
Date: 14 December 2006
This information is provided by RNS
The company news service from the London Stock Exchange
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