23rd Dec 2008 12:14
Impact Holdings (UK) plc
("Impact" or "The Group")
Cancellation of Options
Impact Holdings (UK) plc (AIM: IHUK), the specialist lending business, announces that on 23 December 2008 it cancelled a total of 37,000 Options over the Company's Ordinary Shares of which 27,000 had previously been granted pursuant to The Impact CSOP Scheme to Directors and Employees.
All options granted to the Directors of the Company have been cancelled and therefore their beneficial interests remain unchanged and as previously announced.
For further information: Impact Holdings (UK) plc Paul Davies, Chief Executive Officer Tel: 0161 437 9499 Daniel Stewart & Company plc Simon Leathers/Tessa Smith Tel: 020 7776 6550
Notes to Editor: Impact Holdings (UK) plc through its individual subsidiaries provides short term funding solutions, loans administration and IT support services in two specific sectors:
1. The legal disbursements market; 2. Property based bridging and development market. In addition Impact will fund other opportunities where debt instruments or debentures provide the primary security and there are opportunities for short term bespoke funding where serviceability precludes larger lenders from entering this area. Impact is regulated by The Office of Fair Trading through which it is licensed to lend under the Consumer Credit Act 1974 and the Financial Services Authority for regulated lending.
Related Shares:
IHUK.L