10th Nov 2011 07:00
eServGlobal Limited (eServGlobal or the "Company")
Expiry of Employee Share Options
eServGlobal Limited (ASX: ESV & LSE: ESG) announces that 1,000,000 share options issued under the Company's Share Option Plan have been cancelled and a further 50,000 share options have expired.
The issued share capital remains 196,847,706 ordinary shares and the number of options under the Company's Share Option Plan (not listed) is now 6,710,000.
In addition, pursuant to ASX Listing Rule 7.22.3 the exercise price of the options on issue under the Company's Share Option Plan has been reduced by the amount of the capital return ($0.16854 per share) included in the $0.29 per share distribution made on 23 August 2011. Set out below are the details of the current options including the revised exercise price.
Number of Options | Revised Exercise Price | Expiry Date |
6,300,000 | $0.48146 | 10 February 2016 |
300,000 | $0.52146 | 6 March 2012 |
110,000 | $0.80146 | 3 October 2012 |
For further information, please contact: | |
eServGlobal Limited | www.eservglobal.com |
Tom Rowe | T: +61 (0)2 8280 7871 |
Company Secretary | |
Cenkos Securities plc | www.cenkos.com |
Ivonne Cantú/Stephen Keys (Nomad) | T: +44 (0)207 397 8980 |
Threadneedle Communications | www.threadneedlepr.co.uk |
Caroline Evans-Jones/ Josh Royston/ Hilary Millar | T: +44 (0)207 653 9850 |
Related Shares:
Wameja Di