28th Jun 2010 17:59
28 June 2010
Alternative Networks plc ("Alternative Networks" or the "Company")
Exercise of options pursuant to the LTIP
The Board of Alternative Networks announces the following exercise of options at nil-cost by directors pursuant to the Company's LTIP:
|
Name |
Number of options exercised |
Total holding of Ordinary Shares following exercise |
% of issued share capital |
|
|
|
|
|
|
Edward Spurrier |
130,851 |
2,837,466 |
5.99 |
|
Ben Marnham |
130,851 |
1,953,380 |
4.12 |
|
Jim Sewell |
130,851 |
2,028,380 |
4.28 |
Application will be made to the London Stock Exchange for the 392,553 ordinary shares (the "New Ordinary Shares") to be admitted to trading on AIM. The New Ordinary Shares will rank pari passu with existing Ordinary Share of the Company including the right to receive all dividends declared, made or paid after the date of Admission.
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 337 1500 |
|
Archie Berens/Francesca Tuckett |
|
Related Shares:
AN..L