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Extension of phantom share option exercise period

7th Mar 2014 07:00

RNS Number : 7144B
Tangent Communications PLC
07 March 2014
 

 

Tangent Communications plc ("Tangent" or the "Company")

Extension of PHANTOM share option exercise period

 

Tangent (AIM: TNG), the online print and digital marketing business, announces that it has agreed to extend the exercise period of the 1,728,163 phantom share options granted in March 2009 to each of Nicholas Green and Timothy Green from the current expiry date of 31 March 2014 to 31 December 2015. The Board has discretion to satisfy these awards as a cash bonus or through the issue of shares. The phantom options are fully vested and the exercise price is 1p.

 

ends -

 

 

For further information, please contact:

Tangent Communications plcTimothy Green - Chief Executive: 020 7462 6101Seema Paterson - Corporate Development: 020 7462 6101

Canaccord Genuity Limited - Nominated adviser and broker

Bruce Garrow / Emma Gabriel: 020 7523 8350

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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