Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Grant of Options

26th Mar 2008 07:00

Delling Group PLC26 March 2008 26 March 2008 DELLING GROUP PLC (DLG.L) The AIM-listed marketing support services group Re: Grant of share options Delling Group PLC ("Delling" or "the Company"), the AIM-listed integratedmarketing support services company, announces that it has granted 13,000,000share options at an exercise price of 6p to directors and employees. The shareoptions will become exercisable after 26th March 2008 and will expire on 26thMarch 2018. The grants to directors included 4,000,000 share options each to Mr.Bratvedt and Mr. Lolleng who will after this grant have 5,511,725 share optionsin total each; 2,000,000 share options to Mr Lowe who will have after this grant3,340,890 share options in total and 1,000,000 share options to Mr. Von Schedvinwho will have after this grant 2,340,890 share options in total. Under the rules of the scheme, the options may be exercised immediately afterthe date of grant and may not in any event be exercised later than the tenthanniversary of the date of grant. Contact: Delling Group PlcAksel Bratvedt, Executive Chairman Tel: 0207 484 5663Rob Lowe, Non-Executive director,company secretary Tel: 07917148930Geir Lolleng, CEO Tel: +46765276024 www.dellinggroup.com Nabarro Wells & Co Limited - Nominated AdvisorHugh Oram Tel: 020 7710 7400 Notes to Editors Delling Group is a leading supplier of marketing support services for marketingand communication departments throughout The Nordic countries. Delling manages all fields of graphic support in many different forms andformats including trade fairs, exhibitions and interactive digital solutions forthe web, mobile telephone marketing solutions, motion media for flat screens,plasma or LCD. It also supplies IT solutions which support and increase the efficiency of bothmarketing and information departments. However, its major strength is that theGroup can deliver complete turnkey solutions, tailor-made for its customers'every need. Delling also offers outsourcing solutions that can substantiallysave costs and improve efficiency. The Group's major activities are today concentrated in the Norwegian and Swedishmarkets, however, it is quickly expanding into other Nordic areas, as well ashaving customers and production facilities in Eastern Europe. It also has wellrespected suppliers as far a field as China and Thailand. Delling Group currently has 125 employees. It is rapidly developing itsorganisation by focusing on supplying its customers with the quality theydemand, delivered on time at the right price. Central to its philosophy lies thefact that its customers will obtain greater effects and efficiency for everypound they invest in marketing and information. The Group is growing strongly,both through development of existing clients and the establishment of many newrelationships, together with acquiring companies that enhance and furtherdevelop its business concept. Delling's goal is within the course of the next two years, through bothsatisfied customers and recommendations, to be the largest company in the fieldof marketing support services within the Nordic countries, and a significantplayer within Eastern Europe. In October 2004 it was the first Scandinavianbusiness to be listed on the Alternative Investment Market, the London StockExchange's international market for smaller growing companies. This has givenDelling the access it needs to capital funds needed to maintain and strengthenthe further development of the Group. ENDS This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Direct Line
FTSE 100 Latest
Value8,765.71
Change-8.94