30th Jul 2014 18:01
Snoozebox Holdings plc
("Snoozebox" or the "Company")
Award of share options
The Board of Snoozebox Holdings plc announces that, on 29 July 2014, the following options were granted over new ordinary shares of 1p each in Snoozebox to certain senior managers under the Company's Senior Management Share Option Plan ("CSOP") with an exercise price of 10 pence (the "Options"). The vesting date of the Options ranges dependent on the share price performance of the Company over the next two to three years. Twenty per cent. of the Options will become exercisable two years from grant, and out of the remaining eighty per cent., a further amount on a sliding scale will become exercisable three years from grant dependent on whether share price performance conditions are met by 29 July 2017.
Name | Title | Number of Options granted |
Mr Lorcán Ó Murchú | Chief Executive Officer | 7,273,324 |
Mr Ian O'Doherty | Head of Sales, Marketing and Communications | 1,553,625 |
Mr Brent Snape | Legal Director | 1,553,625 |
30 July 2014
Enquiries:
Snoozebox | Today via Instinctif Partners |
Lorcán Ó Murchú, Chief Executive | 020 7457 2020 |
Panmure Gordon | 020 7886 2500 |
Corporate Finance: | |
Fred Walsh / Duncan Monteith | |
Corporate Broking: | |
Charles Leigh-Pemberton | |
Instinctif Partners | 020 7457 2020 |
Matthew Smallwood |
Related Shares:
Snoozebox Holdings