14th Jul 2008 15:37
14 July 2008
Noventa Limited ("Noventa" or the "Company")
The Company advises that Martin Hinxman, a director, has been granted options over 219,600 ordinary shares in the Company at an option price of 115p per share. The options are subject to the rules of the Unapproved Share Option Plan. These options are exercisable annually in four equal tranches commencing 31 December 2008 and are subject to certain performance criteria being achieved.
In addition to the above, Martin Hinxman holds 93,023 ordinary shares in the Company (i.e. 0.25% of the company's ordinary shares in issue).
For further information:
Clinton Wood
Noventa Limited
+27 (0)82 880 3392 / +27 (0)11 252 1900
www.noventa.net
Gerard Kisbey-Green / Paul Gray
Investec Investment Banking
+44(0)207 597 5167
Jane Stacey/Arabella Hobbs
Conduit PR
+44 (0)207 429 6606 / +44 (0)792 292 3306
Related Shares:
PAR.L