Synchronica PLC
25 February 2008
Synchronica PLC
25 February 2008
Synchronica PLC
(the "Company")
Grant of Options, Director Shareholdings
The Company announces that it has granted options ("Options") to the directors
of the Company as follows:
Name Options this Issue Total Shares Under Option
Carsten Brinkschulte 1,031,877 3,352,887*
Angus Dent 705,925 1,455,925
David Mason 350,000 350,000
Robert Mahalski 350,000 350,000
* Includes 1,169,000 options granted to Nicole Meissner, Synchronica's Chief
Marketing Officer.
Each Option subscribes to one new ordinary share of 0.1p in the capital of the
Company at an exercise price of 8p each. The vesting period of the Options is
three years with approximately a third of the Options vesting upon each
anniversary of the granting date. The Options were granted on 22 February 2008.
The Options are being granted in addition to the ordinary shares beneficially
owned by the directors as set out in the
schedule below:
Director Ordinary shares Percentage of voting rights
Name Ordinary Shares Percentage of Voting
Carsten Brinkschulte 726,136* 0.50%
Angus Dent 857,500 0.59%
David Mason 284,008 0.20%
Robert Mahalski 575,000 0.39%
* Includes 144,461 shares held by members of Mr Brinkschulte's family.
Carsten Brinkschulte subscribed for 285,714 ordinary shares as part of the
placing announced on 20 February 2008. Angus Dent, David Mason and Robert
Mahalski purchased 500,000; 284,008; 75,000 shares respectively in the market
in January 2008. The total number of ordinary shares currently in issue is
145,592,478.
Synchronica has scheduled to release preliminary results for year ended 31st
December 2007 on 29th April 2008.
About Synchronica
Synchronica plc develops and markets industry standard mobile email and
synchronization solutions for the vast majority of devices in the market today.
Mobile operators, device manufacturers, and service providers in emerging and
developed markets use Synchronica products to offer mobile email, PIM
synchronization and backup and restore services to their consumer and corporate
customer base. Products include the push email and synchronization solution
Mobile Gateway and the mass market device backup solution Mobile Backup.
Headquartered in the U.K., with a development centre in Germany and presences in
the USA, Hong Kong, and Dubai. Synchronica plc is a public company traded on the
AIM list of the London Stock Exchange (SYNC.LN). More information is available
at www.synchronica.com
Enquiries:
Synchronica plc
Carsten Brinkschulte, CEO +44 (0) 1892 552 799
+44 (0) 7977 256 406
Angus Dent, CFO +44 (0) 1892 552 760
+44 (0) 7977 256 347
Seymour Pierce Limited
David Newton, Director Corporate +44 (0) 20 7107 8000
Finance
Corfin Communications
Neil Thapar/William Cullum +44 (0) 20 7977 0020
This information is provided by RNS
The company news service from the London Stock Exchange
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