5th Sep 2008 12:18
RNS Number : 8514C
Billing Services Group Limited
05 September 2008
Billing Services Group Limited
Grant of Options
The Company announces that it has granted the following options over common shares in the Company to Directors of the Company:
|
Name |
Number of Options over Common Shares |
Exercise Price |
|
Greg M Carter |
4,000,000 |
10.34p |
|
Patrick D Heneghan |
913,022 |
10.34p |
|
J Alan Lindauer |
913,022 |
10.34p |
|
Leighton W Smith |
913,022 |
10.34p |
25 per cent. of the total number of options have vested on grant and the remaining 75 per cent.of options will vest in equal tranches on the first, second and third anniversary of grant. The options have a ten year life and vesting accelerates on any change of control of the Company.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
BILL.L