23rd Nov 2006 09:41
NETeller PLC23 November 2006 GRANT OF OPTIONS On 20 November 2006 the Company granted 3,750,000 options to Eligible Executivesover the Company's ordinary shares of 0.01 pence each under the NETeller PlcShare Option Plan (the "Plan"). These options were granted at an exercise priceof 138 pence, being the average of the mid-closing price of the Company's sharesfor the three trading days prior to 20 November 2006. The period during which these options can be exercised is between 14 April 2007and 14 April 2010. Included within this amount were the following option grantsto Directors: Options Granted (subject to acceptance) Gord Herman 550,000 Dale Johnson 225,000 Don Lindsay 40,000 Ron Martin 600,000 John Webster 40,000 In accordance with the Plan rules, Eligible Executives (including Directors)have until 5 January 2007 to accept their respective option grants, followingwhich a further announcement will be made confirming the number of optionsgranted in total, and for each Director. Any options which are not accepted bythe above date will lapse. Enquiries: NETELLER Andrew Gilchrist, VP - Communications + 44 (0) 1293 555 726 Citigate Dewe Rogerson + 44 (0) 207 638 9571 Sarah Gestetner/Sebastian Hoyle/George Cazenove Notes to Editors The NETELLER Group With over 3 million customers in 160 countries, 3,500 merchants, and over $7billion in annual transactions, the NETELLER Group operates the largestindependent online money transfer business in the world. The Group specializesin providing innovative and instant payment services where money transfer isdifficult or risky due to identity, trust, currency exchange, or distance. Beingindependent has allowed the Group to support thousands of retailers andmerchants in many geographies and across multiple industries. The Group is quoted on the London Stock Exchange's AIM market, with a tickersymbol of NLR. NETELLER UK Limited is authorised by the Financial ServicesAuthority (FSA) to operate as a regulated e-money issuer. For more informationabout the Group visit www.netellerplc.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paysafe Group