9th Nov 2011 07:00
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.
Related Shares:
REDT.L