19th Apr 2005 07:00
NETeller PLC19 April 2005 GRANT OF OPTIONS & APPOINTMENT OF DIRECTOR NETeller Plc ("the Company") On 15th April 2005 the Company granted 2,875,800 options to eligible Executivesover the Company's ordinary shares of 0.01 pence each under the NETeller PlcShare Option Plan. Included within this amount were the following option grants to directors of the Company: Director Options Granted Exercise Price Exercise Period (per share) Gord Herman 300,000 659p 15/4/2006 - 15/10/2008Dale Johnson 110,000 659p 15/4/2006 - 15/10/2008Don Lindsay 20,000 659p 15/4/2006 - 15/10/2008Stephen Lawrence 20,000 659p 15/4/2006 - 15/10/2008John Lebfevre 20,000 659p 15/4/2006 - 15/10/2008John Webster 20,000 659p 15/4/2006 - 15/10/2008 The Company is also pleased to announce that it has appointed Dale Johnson tothe Board of Directors. Mr Johnson is Executive Vice President of the Company.He has over 30 years of experience that includes corporate leadership, operations management, business development, project management and turnaroundsin both private and public companies. Mr Johnson, aged 59, currently holds and has held directorships, during the fiveyears preceding the date of this announcement, other than the Company asfollows: Current: Jade Enterprises Limited - 25 February 2005 to date Lime Enterprises Limited - 25 February 2005 to date Neteller Express Limited - 10 November 2004 Previous: Global AutoLink - December 2002 to January 2003 368897 Alberta Ltd. - 1987 to December 2004Canadian Manufacturers & Exporters (Alberta Consortium) - February 2003 to December 2003 EnquiriesNETeller PLC (01624 698 702)Gord Herman/Dale Johnson Notes to Editors The NETeller Group operates an online money transfer service that utilises andextends the existing international banking structure to provide a secure meansof transferring funds worldwide. A NETeller account acts as a virtual walletthat enables members (individuals who open NETeller accounts) to load, withdrawand transfer funds by purchasing e-money. E-money can be instantly transferredto or from any merchant (or internet site) that supports NETeller's onlinepayments system. Additionally, funds can be transferred between members inpeer-to-peer exchanges. NETeller has over 1.5 million members and more than1,400 supporting merchants, making the company a leader in online paymentservices. NETeller UK Limited is authorized by the Financial Services Authority(FSA) to operate as a regulated e-money issuer. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paysafe Group