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Grant of Options

9th Nov 2011 07:00

RNS Number : 7150R
Red24 PLC
09 November 2011
 



 

 

 

RED24 PLC

 

GRANT OF OPTIONS

 

 

Red24 plc ("red 24" or "the Company") is pleased to announce that, in recognition of the Company's continued strong trading performance, Mal Worsley-Tonks, Chief Executive, has been granted options over 500,000 ordinary shares of 1p each at 10.5p per share. These options, which have been granted under the Company's executive share option scheme are exerciseable between 8 November 2014 and 8 November 2017. They are not subject to any performance conditions.

 

Mr Worsley-Tonks has an interest in 913,500 ordinary shares and, following this grant, now holds 1,175,000 options over ordinary shares.

 

 

Enquiries:

 

Red24 plc

Simon Richards, Chairman

Tel: 0203 291 2424

Threadneedle Communications

Josh Royston

Tel: 0207 653 9850

Graham Herring

Seymour Pierce

Mark Percy, Corporate Finance

Tel: 0207 107 8000

Jeremy Stephenson, Corporate Broking

 

red24 is a provider of a range of assistance services, offering risk management in a number of fields, including preventative and reactive advice to help individuals and organisations to avoid and manage security risks to themselves and their dependents. The services are supplied to leading international financial service companies.

 

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