Grant of Options

RNS Number : 0573I

Netcall PLC

08 June 2011

 



NETCALL PLC

(the "Company")

Grant of Options

Netcall plc (AIM:NET), a leading provider of callback, auto-messaging and contact solutions, announces that on 7 June 2011 it granted the options ("Options") over ordinary shares of 5p each in the Company ("Ordinary Shares") set out in the table below to certain directors of the Company ("Directors"). In addition, the Company also announces that on 7 June 2011 Mr. Henrik Bang, the Chief Executive Officer of the Company, surrendered for cancellation  the 400,000 Options he held under the Company's EMI scheme.

Name of Director	Position	Number of existing Options	Number of existing Options surrendered	Number of new Options granted	Total Options now held
Mr. Michael Jackson	Chairman	0	0	1,000,000	1,000,000
Mr. Henrik Bang	Chief Executive Officer	3,770,000	400,000	7,000,000	10,370,000
Mr. James Ormondroyd	Finance Director	0	0	4,200,000	4,200,000

The new Options were granted under the Company's 2011 Long Term Incentive Plan and have an exercise price of 5 pence. The new Options are exercisable from 7 June 2011 to 1 January 2017 and are subject to certain vesting criteria based upon performance of the Ordinary Share price up to 55 pence.

Following the grant of the new Options, the total number of Ordinary Shares under option held by the Directors which could be issued if all of the performance criteria are met is 15,770,000 Ordinary Shares, representing approximatly 12.9 per cent. of the current issued share capital of the Company.

For further enquiries, please contact:

Netcall plc	Tel. [phone]
Henrik Bang, CEO Michael Jackson, Chairman James Ormondroyd, Group Finance Director
Evolution Securities Limited (Nominated Adviser and Broker)	Tel. [phone]
Stuart Andrews, Patrick Castle - Corporate Finance
Tim Redfern, Jonathan Wynn - Corporate Broking
Threadneedle Communications	Tel. [phone]
Caroline Evans-Jones / Tom Moriarty / Hilary Millar

About Netcall PLC

Netcall is a UK company quoted on the AIM market of the London Stock Exchange. Netcall's software product suite provides compelling solutions for end-to-end customer engagement, incorporating call handling, callback, smart automation, workforce management and data unification. Our target markets comprise organisations of all sizes, including many blue-chip companies with global contact centre operations. The Netcall software platform helps organisations meet the growing demands of their customers and prospects whilst improving internal efficiencies, thereby increasing profitability and customer satisfaction.

Netcall's customer base contains over 600 organisations in both the private and public sectors. These include over 60% of the NHS Acute Health Trusts, major telecoms operators such as BT and Cable & Wireless and leading organisations including First Direct, McAfee, Interflora, Lloyds TSB, Oracle, Orange, Prudential, RBS and Standard Life.

 

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