9th May 2007 17:04
Spiritel PLC09 May 2007 9 May 2007 SPIRITEL PLC ("Spiritel" or "the Company") Grant of Options Spiritel plc (AIM: STP), the telecommunications company, announces the followingaward of options over the Company's ordinary shares of 1p each. Name Position Number of Exercise Total number Total number Percentage of options price per of options of ordinary issued awarded share held shares held ordinary share capital heldAlastair Mills Chief 32,941,177 2.125p 41,845,938 140,000 0.04 Executive The grant will be made under a Share Option Deed entered into between Mr Millsand the Company. The options will vest as to 9,411,765 of the granted amountson the first anniversary of the date of grant and as to the remainder on thesecond anniversary of the date of grant. Following this grant, the total number of options and warrants in issue is69,767,011, representing 22.1 per cent. of the issued ordinary share capital of316,233,646. For further information: Spiritel plc 020 7160 0100Alastair Mills, Chief Executive Teather & Greenwood 020 7426 9000Jeff Keating Tavistock Communications 020 7920 3150Simon Hudson / Clemmie Carr Notes for Editors: About Spiritel plc Spiritel plc (AIM: STP) is a telecommunications group that joined the AIM marketof the London Stock Exchange in July 2004. We have multiple routes to market forour products and services, which include a range of both traditional andemerging telecoms technologies. Spiritel's client base includes corporate,wholesale and retail customers served directly through our value added resellerdivision Spiritel Retail, via web portals and through independent resellers. Spiritel, in partnership with Oxfam, has launched the directory enquiriesservice 118 918, from which Oxfam receives 9p from every call made. For further information please visit www.spiritelplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
STP.L