20th Jul 2007 16:41
Feedback PLC20 July 2007 Feedback plc (the "Company" or "Feedback") Grant of options Feedback today announces that the Board has approved the grant of share optionsto David John Sawyer, Chief Executive, and Gerard Bushell, Executive Director,under the Company's Enterprise Management Incentive (EMI) Option Scheme (the "Option Scheme"). Name No. of options Exercise Total number of Exercise period granted Price shares under (pence) option David John Sawyer 2,666,666 3.75 2,666,666 20 July 2010 - 20 July 2017 Gerard Bushell 1,374,666 3.75 1,374,666 20 July 2010 - 20 July 2017 All shares and options relate to 0.25p ordinary shares. Under the Option Scheme, option holders may exercise 50 per cent. of the optionsgranted at any time after 3 years from the date of grant until the end of theexercise period. The option holders may exercise the remaining 50 per cent. ofthe options at any time after 3 years from the date of grant subject to theordinary shares admitted to AIM achieving a mid-market price of 10 pence or morefor a minimum period of 90 days. David John Sawyer also has a beneficial interest in 510,000 ordinary shares inthe Company representing 0.51 per cent. of the Company's issued ordinary sharecapital. Gerard Bushell also has a beneficial interest in 250,000 ordinary shares in theCompany representing 0.25 per cent. of the Company's issued ordinary sharecapital. 20 July 2007 Enquiries: Feedback Plc Jed Bushell 01892 653322 Nominated Adviser & Broker Charles Stanley Securities 0207 149 6000 Philip Davies / Carl Holmes This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Feedback