Grant of Options

RNS Number : 0670Q

Ten Alps PLC

03 April 2009

 



3 April 2009

Ten Alps plc ('Ten Alps' or the 'Company')

Grant of Options

Factual media company Ten Alps plc - producing TV, online and print - has granted options, on 2 April 2009, over a total of 276,000 new ordinary shares of 2p each at a price of 27p per share to certain directors of the Company under the Company's Unapproved Share Option Scheme ('USOS') as detailed below.

The USOS options will vest between 3 April 2012 and 02 April 2019. There are no performance conditions required to be satisfied pursuant to vesting / exercise.

The details of the options granted to directors are as follows:

Directors	New USOS options granted	Total number of USOS options now held	Total number of EMI options now held	Total number of options now held
Alexander M Connock	92,000	492,000	248,750	740,750
Sir Bob Geldof KBE	92,000	690,750	-	690,750
Nitil Patel	92,000	492,000	248,750	740,750
Adrian James Dunleavy	92,000	492,000	-	492,000

Directors Holdings

Following the grant of options and the above transaction, Mr Connock is interested in 3,243,706 Ordinary Shares, representing 5.06% of the total issued share capital of the Company. Mr Connock is also interested in 740,750 options over Ordinary Shares of the Company.

Following the grant of options, Sir Bob Geldof is interested in 3,855,978 Ordinary Shares, representing 6.03% of the total issued share capital of the Company. Sir Bob Geldof is also interested in 690,750 options over Ordinary Shares of the Company.

Following the grant of options and the above transaction, Mr Patel is interested in 18,000 Ordinary Shares, representing 0.03% of the total issued share capital of the Company. Mr Patel is also interested in 740,750 options over Ordinary Shares of the Company.

Following the grant of options and the above transaction, Mr Dunleavy is interested in 84,900 ordinary shares in the Company, representing 0.13% of the issued shares capital of the Company. Mr Dunleavy is also interested in 492,000 options over Ordinary Shares of the Company.

For further information contact:

Ten Alps Plc 

Alex Connock, CEO, c/o Moira McManus                    Tel: [phone]

[e-mail]                                                            www.tenalps.com

NOMAD: Grant Thornton UK LLP 

Fiona Owen                                                                         Tel: [phone]

Broker: Canaccord Adams Limited 

Mark Williams / Adria Da Breo Richards                        Tel: [phone]

PR: Pelham 

Alex Walters                                                                        Tel: [phone]

[e-mail]                                              Fax: [phone]

 

END

 

 

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