14th Jun 2011 08:42
14 June 2011
Alternative Networks plc ("Alternative Networks" or the "Company")
Exercise of options pursuant to the 2007 Enterprise Management Incentive Scheme
The Board of Alternative Networks announces the following exercise of options at an exercise price of 150.5 pence per ordinary share by directors pursuant to the Company's 2007 Enterprise Management Incentive Scheme:
Name | Number of options exercised | Total beneficial holding of Ordinary Shares following exercise* | % of issued share capital |
Edward Spurrier | 64,500 | 2,588,857 | 5.42% |
Jim Sewell | 64,500 | 1,942,880 | 4.06% |
\* The above figures include holdings of 2,374,430 and 610,000 ordinary shares held by Lucinda Spurrier and Tania Sewell respectively, the wives of Edward Spurrier and Jim Sewell.
Enquiries:
Alternative Networks plc | |
James Murray, Chief Executive Officer | 0870 190 7444 |
Edward Spurrier, Chief Financial Officer | |
Investec | 0207 597 5970 |
Martin Smith/Patrick Robb | |
Pelham Bell Pottinger | 0207 861 3112 |
Archie Berens/Clare Gilbey |
Related Shares:
AN..L